OCCI strengthens digital economy cooperation with Mauritania Business

OCCI strengthens digital economy cooperation with Mauritania

The participation of the Oman Chamber of Commerce and Industry (OCCI) in the official delegation of the Sultanate of Oman to the Islamic Republic of Mauritania underscores the Chamber’s vital role in supporting the Sultanate of Oman’s efforts to build a competitive digital economy and enhance the private sector’s presence in regional and African markets. […]

A global economy jolted by an oil shock now gets a tariff reminder Business

A global economy jolted by an oil shock now gets a tariff reminder

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 […]

Blue economy to drive diversification in Al Wusta Business

Blue economy to drive diversification in Al Wusta

Al Wusta Governorate is strengthening investment across fisheries, ports, logistics and tourism as part of efforts to develop its blue economy and support Oman’s economic diversification strategy, according to the Ministry of Agriculture, Fisheries and Water Resources. The governorate is leveraging its extensive coastline, abundant marine resources and strategic location to build an integrated maritime […]

China’s economy grows at slowest pace in years 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 the country’s leaders signaled earlier this year when they set the lowest growth target in more than three decades. On Wednesday, the National Bureau of Statistics said the economy expanded by 4.3% in the second […]

Blue economy to drive diversification in Al Wusta Business

Transport, storage sector adds RO 2.3 billion to economy

MUSCAT, JUNE 22 Oman’s transport and storage sector contributed RO 2.3 billion to the national economy in 2025, accounting for 3.6 per cent of gross domestic product, as rising cargo volumes, expanding port activity and continued infrastructure investment reinforced the sector’s role in the Sultanate of Oman’s diversification strategy. According to the Ministry of Transport, […]

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 […]