MANILA: The Sultanate of Oman has firmly reaffirmed its stance on the critical importance of keeping global waterways open, emphasising that freedom of navigation is paramount to safeguarding international trade, energy security, and the global food supply. Representing the Sultanate of Oman, Sayyid Badr bin Hamad al Busaidy, Foreign Minister, led the Omani delegation at […]
MUSCAT: The United Nations Industrial Development Organization (UNIDO) has identified Oman as one of the Middle East’s most promising emerging industrial economies, highlighting Oman’s efforts to leverage its clean energy transition to build a globally competitive manufacturing base centred on photovoltaic (PV) technologies rather than remaining solely a consumer of renewable energy equipment. In its […]
SALALAH: As mist settles over Dhofar’s mountains and valleys, the crowds gathering at Atin Square after dark reveal another side of Oman’s monsoon season — one built around live performance, family entertainment, food and commerce. The square has begun its Dhofar Khareef 2026 programme, bringing international carnival productions, Arab musical groups, comedy, retail outlets and […]
The Trump administration imposed tariffs of around 10% on goods from more than 80 countries Friday, its latest effort to put in place an expansive protectionist policy that has been repeatedly challenged in court. The tariffs range from 10% to 12.5% and took effect at 12:01 a.m., replacing a global 10% duty that lapsed at […]
MANILA: Sayyid Badr bin Hamad al Busaidy, Foreign Minister, met with Mohammad Ishaq Dar, Deputy Prime Minister and Foreign Minister of Pakistan, on the sidelines of his participation in the ministerial meeting marking 50 years since the signing of the ASEAN Treaty of Amity and Cooperation held in Manila. The meeting addressed bilateral relations between […]
MUSCAT: Oman’s banking sector is expected to remain resilient despite the ongoing conflict involving Iran, with the country’s lenders benefiting from favourable economic conditions, strong capital buffers and stable funding, according to a new assessment by Fitch Ratings. In a peer review of the country’s banking sector, the ratings agency said the impact of the […]
Muscat: The Sultanate of Oman is closely monitoring the latest developments in the Red Sea, underscoring the importance of avoiding escalation of any actions that could further aggravate the situation or jeopardise freedom of navigation. In a statement, Oman stressed the need to preserve regional stability and ensure the security of vital international maritime routes […]
AI will not trigger a collapse in employment despite concerns the technology will displace large numbers of workers, a study by staffing company Adecco Group showed on Thursday . Employers have cited AI as responsible for nearly a quarter of job cuts in the United States this year, global outplacement firm Challenger, Gray & Christmas […]
MUSCAT: Indian renewable energy developer ACME Group believes its expanding portfolio of long-term green fuel export agreements will create strategic synergies between its projects in India and Oman, as the company advances construction of its flagship green ammonia project at the Special Economic Zone at Duqm (SEZAD). The latest milestone follows the signing of two […]
MUSCAT: The Primary Court of Muscat (Criminal Circle) convicted the three defendants for committing the misdemeanour of using information technology (IT) to insult others, punishable under Article 16 of the Law on Combating Cybercrimes. The Public Prosecution’s investigations revealed that the first and second defendants published a video clip on social media, which included an […]
