MUSCAT: Total credit extended by Oman’s banking sector reached around RO 35 billion by the end of November 2025, representing an increase of 8.8 per cent. Credit to the private sector grew by 6.9 per cent to RO 28.7 billion, reflecting sustained lending activity. Data from the Central Bank of Oman showed that the largest […]
You have a 3pm appointment. It’s now 10am and somehow your entire day already feels out of reach. Maybe you find yourself unable to start anything properly. You feel on edge, waiting for something to begin, or end. You check the time again and again. Even a positive, planned event, like a friend visiting later, […]
Muscat: The Financial Services Authority (FSA) has issued a circular requiring all insurance companies licenced to provide motor insurance in Oman to maintain a minimum level of electric vehicle (EV) insurance underwriting relative to the size of their motor insurance portfolios. Under the circular, insurers must ensure that EV insurance policies account for no less […]
To better understand how digital habits are shaping behaviour, the team at PlayersTime analytical firm commissioned an online survey, examining attitudes toward excessive internet use, social media dependency, and AI-generated content. The survey was conducted online among 1,509 adults in April, with participants primarily from North America and Europe. Findings suggest that while a majority […]
MUSCAT, JUNE 9 Oman is moving to strengthen freelance work as part of its wider push to diversify the economy, expand private-sector participation and create more flexible employment opportunities for national talent. The Oman Chamber of Commerce and Industry (OCCI) announced a package of financial and regulatory initiatives during a seminar titled The Reality of […]
MUSCAT: Bank Muscat, the flagship financial institution in the Sultanate of Oman, announced its preliminary unaudited results for the year ended December 31, 2025. The Bank posted a net profit of RO 255.54 million for the period compared to RO 225.58 million reported during the same period in 2024, an increase of 13.3 per cent. […]
John Healey resigned as defence secretary following continued disagreement between Downing Street, the Treasury and the Ministry of Defence over the defence investment plan. Healey said the plan falls “well short of what is required for defence and the country at this dangerous time”. His departure on June 11 was followed by Al Carns’ resignation […]
MUSCAT: The Medical City for Military and Security Services on Wednesday inaugurated a medical fitness centre at its hospital in Muscat Governorate. The opening ceremony was held under the auspices of Eng Odai bin Hilal al Maawali, Chairman of the Medical City for Military and Security Services. The Centre serves as an additional facility that […]
At your next appointment, your doctor may have a new kind of assistant listening in: artificial intelligence. Across the nation, AI programs are quietly recording these conversations and turning them into draft medical notes. These tools, known as AI scribes, are becoming more popular, with about 30% of U.S. doctors using them to document patient […]
MUSCAT, JUNE 9 Future Fund Oman (FFO), a key investment arm of Oman Investment Authority (OIA), has unveiled a new portfolio of 105 strategic projects and investments worth RO 583 million, reinforcing the Sultanate of Oman’s drive to diversify its economy, attract foreign capital and strengthen private sector participation. The newly announced portfolio includes RO […]
