The Company is establishing the first domestic production lines of modular HTS magnets KEARNY, N.J. — Thea Energy, Inc., a technology company advancing the stellarator for the commercialization of an abundant source of baseload fusion power, today announced the U.S. Department…
SINGAPORE: The dollar slumped against its major peers in Asian trading on Monday after the U.S. paused its bombing campaign in Iran during the weekend, prompting a drop in oil prices and boosting global investor confidence. Against the yen, the U.S. dollar was down 0.2% at 163.585 yen, its biggest decline since July 10. The […]
MUSCAT: The Ministry of Labour opened the third edition of its Labour Forum in Salalah with the launch of a national policy on employment, at a point when the government is working towards 60,000 jobs for Omanis this year and 300,000 over the five-year plan period. The forum is part of its ongoing efforts to […]
SALALAH: Public confidence in Oman’s energy and minerals sector cannot be built through project announcements and performance indicators alone, the Under-Secretary of the Ministry of Energy and Minerals said on Sunday, calling for clearer information on how national resources are managed and the economic and social value they generate. Mohsin bin Hamad al Hadhrami, Under-Secretary […]
Muscat: If you are looking for a small break from summer heatwaves within the Sultanate of Oman, there are quite a few options with lower temperatures. According to Oman Meteorology, Jabal Shams recorded low temperatures of 16.5°C, Ras al Hadd 24°C, Salalah 24.5°C, Dhalkut 21.8°C, Al Ashkhara 23.1°C, Taqah 25.4°C, and Masirah 24°C in the […]
MUSCAT: Asyad Container Terminal in Duqm has marked a new milestone after receiving CMA CGM Vasco da Gama, one of the world’s largest container ships. The vessel’s maiden call at the terminal demonstrates its advanced operational capabilities and readiness to handle large container ships. Omar bin Mahmood al Mahrizi, CEO of Asyad Ports and Free […]
SALALAH: A visitor entering the Energy and Minerals Exhibition 2026 in Salalah can move within minutes from an oil reservoir and a national gas pipeline to mineral samples, electric vehicles, artificial intelligence and Oman’s plans for green hydrogen and carbon markets. Organised by the Ministry of Energy and Minerals in cooperation with companies operating across […]
MUSCAT: Oman Investment Authority is expanding its exposure to advanced technology and life sciences through investments linked to the innovation ecosystems of Cambridge and Oxford universities, as it seeks financial returns and opportunities to transfer expertise to Oman. OIA said its investments in Cambridge Innovation Capital and Oxford Science Enterprises provided access to portfolios of […]
Sanaa: Yemen’s Iran-backed Ansar Allah claimed a missile attack on Saudi Arabia on Saturday as fighting between regional allies of the United States and Iran intensified on a new front. Houthi media said the rebels targeted the Saudi city of Jizan on the Red Sea, and Saudi’s civil defence issued warnings in the area on […]
LONDON — We’ve all been down this road before. President Donald Trump issues a blitz of punitive tariffs on allies and rivals, straining trade, rattling bond markets, raising prices and injecting more uncertainty into the global economy. The difference now is that the United States is at war with Iran, key trade and energy routes […]
