Oman sees 76% growth in digital payments: CBO Finance

Oman sees 76% growth in digital payments: CBO

The Sultanate of Oman has recorded a growth in the use of Digital Payment Methods by 2025, reflecting a Qualitative Shift in consumer behavior, and a significant growth in commercial activity and an increase in purchasing power, driven by the development of e-commerce and traditional infrastructure. Data issued by the Central Bank of Oman showed […]

SpaceX raised B in record IPO – here’s why insiders like Elon Musk are much likelier than public stock buyers to get rocket-powered returns these days International

SpaceX raised $75B in record IPO – here’s why insiders like Elon Musk are much likelier than public stock buyers to get rocket-powered returns these days

Elon Musk’s SpaceX is becoming a publicly traded company after selling 555.6 million shares in what was the biggest initial public offering in history. But my new research suggests that investors who bought those shares are unlikely to see the explosive growth that past IPOs had. The rocket and satellite maker raised US$75 billion on […]

Are things getting better for Omanis with disabilities? Press Release

Are things getting better for Omanis with disabilities?

In an article I recently wrote titled “Are Things Getting Better for Disabled People in the Middle East? The Case of Oman,” I explored the experiences of Omanis with physical impairments to understand how much progress has truly been made. Drawing on in-depth interviews with 19 participants from across the country, the study revealed a […]

Anthropic calls for pause of global AI development Technology

Anthropic calls for pause of global AI development

New York:  Artificial intelligence company Anthropic suggested Thursday a global pause on building the most powerful AI systems as the latest models are beginning to show signs they could escape human control. The San Francisco-based company, which makes the Claude family of AI models, said in a report that a worldwide slowdown in cutting-edge AI […]

Students brief OPAZ chairman on Duqm internship Business

Students brief OPAZ chairman on Duqm internship

Qais Al Yousef, Chairman, Public Authority for Special Economic Zones & Free Zones (OPAZ), was briefed by 18 Sultan Qaboos University (SQU) students on their internship projects and experiences working inside businesses in Duqm during a breakfast gathering this week. The students are taking part in the inaugural SEZAD – SQU Summer Internship with placements […]

Bank Nizwa appoints new CEO to drive next phase of sustainable growth and innovation Finance

Bank Nizwa appoints new CEO to drive next phase of sustainable growth and innovation

MUSCAT: The Board of Directors of Bank Nizwa has recently announced the appointment of Tariq Atiq as Chief Executive Officer of the bank. This appointment underscores the bank’s continued commitment to empowering Omani talent, reinforcing leadership continuity and driving long-term strategic growth. It also reflects Bank Nizwa’s vision of building a future-ready leadership team capable […]

Canada’s AI strategy and universities: Beyond literacy, students need to be fluent with AI International

Canada’s AI strategy and universities: Beyond literacy, students need to be fluent with AI

The Canadian government’s new artificial intelligence strategy positions AI as a major driver of job creation, economic growth and national competitiveness. It has also drawn some criticism for not providing enough detail on safety and governance. A central element of the strategy is its focus on AI literacy. This includes a national initiative to provide […]

Addressing root causes of conflicts a prerequisite for peace National

Addressing root causes of conflicts a prerequisite for peace

NEW YORK: The Sultanate of Oman has said that achieving sustainable security and stability in the Middle East region is heavily dependent on addressing the causes of conflicts. In a speech before the UN Security Council meeting in New York, Oman pointed out that “Political solutions remain the most trustworthy path to the consolidation of […]

A morning greeting that woke me up Press Release

A morning greeting that woke me up

My friends and I have a habit of exchanging morning greetings on mobile phones. And this message came from a friend: “Ant never has dreams because they never rest. Butterflies don’t celebrate a birthday since they live only 47 days. Snails can sleep for up to 3 years. “So remember, all are special creatures, and […]