Business
Oman accelerates 61 road projects
MUSCAT: The Ministry of Transport, Communications and Information Technology is implementing 61 road projects across the Sultanate of Oman under...
Business
Hydrom joins World Bank-backed green hydrogen partnership
MUSCAT: Oman’s clean hydrogen development drive has gained international recognition with Hydrom joining the Hydrogen for Development Partnership (H4D), a...
Business
Shell’s reported Oman payments fall 13% as Block 6 output...
MUSCAT: Payments reported by energy major Shell to Omani government bodies from extractive activities declined by about 13 per cent...
Business
New payroll, leave insurance reforms begin next week
MUSCAT: Employers across Oman will face new payroll and leave-management requirements from Sunday, July 19, when the insurance branch covering...
Business
Bank Nizwa proposes Alizz merger, Ominvest to take strategic stake
Muscat: Bank Nizwa has proposed acquiring Alizz Islamic Bank and merging it into its operations, in a deal that could...
Business
US to impose 25% tariff on most Brazilian imports
The United States will impose a 25% tariff on most imported goods from Brazil, officials said on Wednesday. US Trade...
Business
ICE sees Oman green ammonia exports bound for Europe
MUSCAT: The Green Energy Oman (GEO) project — one of the Sultanate of Oman’s flagship green hydrogen and ammonia initiatives...
Business
China’s economy grows at slowest pace in years
HONG KONG — China’s economy last quarter grew at the slowest rate in three years, reflecting a broader slump that...
Business
Greater Salalah framework aligns key growth engines
SALALAH: Greater Salalah’s new structural framework proposes integrating the Port of Salalah, Salalah Free Zone and Salalah Airport into a...
Business
Oman crude surges by over $10 to $82.17
The official price of Oman Crude for September delivery increased by $10.06 to $82.17 per barrel on Tuesday at the...