Sayyid Theyazin chairman of International Financial Centre of Oman National

Sayyid Theyazin chairman of International Financial Centre of Oman

MUSCAT: His Majesty Sultan Haitham bin Tarik has issued a Royal Order appointing the members of the Board of Directors of the International Financial Centre of Oman (IFCO), a pivotal step in the Centre’s establishment that reflects His Majesty’s commitment to enhancing the Sultanate of Oman’s position on the global financial map. The Board shall […]

Musk vs OpenAI trial enters second week Technology

Musk vs OpenAI trial enters second week

Musk is seeking to force his rivals in artificial intelligence (AI) development to revert to a non-profit foundation. Greg Brockman, co-founder and president of OpenAI, will face questioning from Musk’s lawyers on Monday in the Oakland courthouse. OpenAI CEO and co-founder Sam Altman, who in 10 years has gone from being Musk’s protege to a […]

Workshop aims to enhance export readiness of Omani firms Business

Workshop aims to enhance export readiness of Omani firms

MUSCAT, JUNE 9 The training workshop entitled “Enhancing the Export Performance of Omani Institutions” was launched today, organised by the Ministry of Commerce, Industry and Investment Promotion (MoCIIP), represented by “Oman Exports”, in cooperation with the International Trade Centre (ITC). The workshop is attended by 30 participants from more than 25 Omani exporting companies. It […]

Banks, bourse and FDI drive Oman’s 2026 budget Finance

Banks, bourse and FDI drive Oman’s 2026 budget

MUSCAT, JAN 5 Oman’s 2026 State General Budget may be judged less by its headline deficit and more by whether it can convert improving investor confidence into steady non-oil growth, as indicators tracked by leading brokerage firm United Securities show stronger banking activity, a sharp recovery in the Muscat Stock Exchange and rising foreign direct […]

How is the ‘One Team Initiative’ shaping government culture? National

How is the ‘One Team Initiative’ shaping government culture?

Muscat: The One Team Initiative for Government continues to represent a key national effort to strengthen a culture of collaboration, shared responsibility and impact-driven public service across the State’s Administrative Apparatus. Launched by the Royal Academy of Management with the Royal blessing of His Majesty Sultan Haitham bin Tarik, the initiative seeks to foster a […]

Musk to pay .5 million to settle Twitter takeover case Technology

Musk to pay $1.5 million to settle Twitter takeover case

 Tech billionaire Elon Musk is set to end a lawsuit by the US Securities and Exchange Commission (SEC) over his share purchases during his takeover of Twitter with a payment of $1.5million. Musk and the SEC agreed on the amount in a settlement disclosed on Monday that will be submitted to the assigned judge for […]

Major project to support carbon removal in Oman Business

Major project to support carbon removal in Oman

MUSCAT, JUNE 9 Trufud Oman, an Omani private-sector company focused on sustainable agriculture, food security and climate-positive investments, has unveiled an ambitious large-scale agricultural and environmental project in Hanfit, Thamrait, aimed at demonstrating how commercial farming can simultaneously support food production, environmental restoration and carbon management. Spanning approximately 10.5 million square metres (1,050 hectares), the […]

Banks eye Venezuela investment Finance

Banks eye Venezuela investment

NEW YORK/HOUSTON: The US involvement in Venezuela’s oil sector offers a potential opportunity for international banks, with JPMorgan Chase in an advantageous spot due to its history in the country and past involvement with international trade financing. A clutch of banks including JPMorgan and Citigroup have historically operated in the country, but reduced operations or […]