Oman’s national payment card will offer a local alternative Finance

Oman’s national payment card will offer a local alternative

The Central Bank of Oman (Oman) recently announced that local banks in the country will soon issue a national payment card under its supervision.  It is an extension of the national payment systems, Oman Net. According to the CBO, the card will provide a secure and seamless local payment experience within the Sultanate of Oman, […]

Ban on plastic bags enters fifth phase in July National

Ban on plastic bags enters fifth phase in July

MUSCAT: The Environment Authority (EA) announced the implementation of the fifth phase of the ban on plastic shopping bags, from July 1. The move is part of the EA’s ongoing efforts to reduce plastic pollution, promote sustainable consumption practices, and preserve natural resources and biodiversity in the Sultanate of Oman. The EA said that the […]

Greece to ban social media for under 15-year-olds: PM Technology

Greece to ban social media for under 15-year-olds: PM

Athens: Greece will ban access to social media for children under 15 from January 1, 2027 Prime Minister Kyriakos Mitsotakis said on Wednesday. “We have decided to go ahead with a difficult but necessary measure: ban access to social media for children under 15 years old,” he said in a video posted on TikTok. “Greece […]

Construction begins on Muttrah Square waterfront landmark Business

Construction begins on Muttrah Square waterfront landmark

MUSCAT, JUNE 14 Muscat Municipality has begun construction work on the Muttrah Square project, an award-winning waterfront development designed to reshape the historic district’s urban identity and strengthen its appeal to visitors. The municipality announced the start of building work this week, describing the scheme as a qualitative addition to the capital’s urban landscape that […]

CBO launches online system for Sharia-compliant securities Finance

CBO launches online system for Sharia-compliant securities

Muscat-  The Central Bank of Oman (CBO) has launched an electronic system to provide Sharia-compliant liquidity management tools to licensed Islamic banking institutions in the Sultanate. The structures of these instruments and their related contracts were approved after review by the Supreme Sharia Supervisory Board of the Central Bank of Oman, in accordance with regulatory […]

Oman’s air traffic controllers lauded for managing increased flight movements National

Oman’s air traffic controllers lauded for managing increased flight movements

Muscat: Oman’s air traffic controllers have been praised by aviation industry leaders for their exceptional handling of increased flight movements during the early stages of the recent Middle East conflict, ensuring smooth operations despite a significant surge in air traffic. Kamil al Awadhi, Regional Vice President for Africa and the Middle East at the International […]

NASA’s Artemis 2 crew prepare for Pacific splashdown Technology

NASA’s Artemis 2 crew prepare for Pacific splashdown

The four astronauts of NASA’s Artemis 2 moon mission are preparing for their return to Earth, the US space agency said on Wednesday. After being woken by the song “Under Pressure” by Queen and David Bowie, the crew carried out further scientific tests and began stowing equipment, NASA said. Canadian Prime Minister Mark Carneyalso congratulated […]

IGC plans for long-term gas growth Business

IGC plans for long-term gas growth

MUSCAT, JUNE 14 Oman’s natural gas market is entering a more complex phase of structurally rising demand, even as supply growth remains comparatively constrained, according to Integrated Gas Company (IGC), which continues to play a central role in balancing allocations across power generation, industry, and strategic economic projects. Speaking on the evolving gas landscape, CEO […]

CBO unveils brand identity of Oman’s national payment card Finance

CBO unveils brand identity of Oman’s national payment card

The Central Bank of Oman (CBO) has revealed the brand identity of the national payment card, which will be called ‘Maal.’ Banks in the Sultanate of Oman are already working on the project, which, according to sources, will be launched in the coming months.  Maal will be a step toward achieving local self-sufficiency and continuing […]