Before banks, nuns lent money: how convents helped power medieval Vienna’s economy International

Before banks, nuns lent money: how convents helped power medieval Vienna’s economy

Retirement planning might seem like a thoroughly modern concern, with pensions, investments and annuities forming part of today’s financial toolkit. But these financial tools are much older than they appear. In the later Middle Ages, people were already exchanging lump sums for steady income streams – and, in cities like Vienna, these arrangements underpinned entire […]

IMF commends resilience of Oman’s economy and reform momentum Business

IMF commends resilience of Oman’s economy and reform momentum

Muscat: The International Monetary Fund (IMF) has commended the resilience of Oman’s economy and the continued momentum of its structural reforms, following the conclusion of its Article IV consultation mission to the Sultanate of Oman for 2026. A team from the IMF, led by Abdullah AlHassan, visited Muscat from June 7 to 15 to discuss […]

Oman economy to grow 2.4% in 2026: World Bank Business

Oman economy to grow 2.4% in 2026: World Bank

MUSCAT, JUNE 15 Oman’s economy is projected to grow by 2.4 per cent in 2026 despite a sharp slowdown across Gulf hydrocarbon exporters, according to the World Bank’s June 2026 Global Economic Prospects report. The forecast is 1.2 percentage points lower than the Bank’s January projection. The outlook contrasts with a challenging regional environment. GCC […]

The high cost of undiagnosed and untreated ADHD: Unequal mental-health access and the care economy International

The high cost of undiagnosed and untreated ADHD: Unequal mental-health access and the care economy

Attention deficit hyperactivity disorder (ADHD) is a common neurodevelopmental disorder that can persist from childhood into older adulthood. It impacts individuals from all ethnic groups and socioeconomic backgrounds. Current estimates suggest that one of every 21 people in Canada has the disorder. This number is likely to rise as our understanding of varied presentations and […]

Ministry of Economy, IMF discuss prospects for growth National

Ministry of Economy, IMF discuss prospects for growth

MUSCAT: The Ministry of Economy on Wednesday received a team of experts from the International Monetary Fund (IMF), currently visiting the Sultanate of Oman. The two sides exchanged views about key developments related to the national economy and prospects for the growth of the Omani economy, notably in non-oil sectors. They discussed the most prominent […]