Muscat: Enegix Global, a multi-jurisdiction digital infrastructure and Bitcoin mining group, has announced that it has been appointed as the technological and liquidity infrastructure provider for Omanhash.om, described as the Sultanate of Oman’s first national digital mining pool. The launch of Omanhash.om marks a significant step in Oman’s efforts to attract large-scale cryptocurrency mining investment […]
PARIS: Global trade in fertilisers crucial to agriculture harvests worldwide have slumped 30 per cent since the start of the year, as the Mideast war sent prices soaring and led several countries to restrict exports, the UN’s Food and Agriculture Organization said on Thursday. Many farmers have delayed or forgone purchases as supplies tightened with […]
Iran and the United States are about to sign a peace deal that will reopen the Strait of Hormuz, the narrow waterway that carries about one-fifth of the world’s oil. Oil prices reacted quickly to the announcement of the tentative deal, dropping from highs that had pushed gasoline prices toward record levels in North America. […]
MUSCAT: The Royal Hospital has recently set a global medical milestone by obtaining two prestigious international accreditations. The hospital merited ranking as a centre of excellence in the diagnosis and treatment of immunological and allergic diseases. The achievement was the outcome of collaborative action and medical integration between the hospital’s Clinical Immunology and Allergy Units […]
Muscat: The GME Oman marker price for the August 2026 Oman Crude Oil Futures Contract fell to $72.99 per barrel on June 16, recording a decline of $3.94, as global oil prices slipped to fresh three-month lows amid easing supply concerns. The latest price marks a sharp retreat from the recent high seen in Oman […]
MUSCAT, JUNE 15 As Oman’s Ministry of Commerce, Industry, and Investment Promotion (MoCIIP) steps up efforts to enhance export readiness and develop the competitiveness of Omani enterprises, industry leaders from across sectors are engaging in workshops and dialogue aimed at positioning the Sultanate of Oman more decisively in global markets. The Observer spoke with two […]
Muscat:The Sultanate of Oman has officially launched the Muscat Action Plan at the United Nations Headquarters in New York, introducing a landmark international framework aimed at strengthening conflict prevention and addressing identity-based violence worldwide. The Muscat Action Plan establishes a UN-led consultative process in partnership with the network of religious and traditional peacemakers. It brings […]
LONDON/SINGAPORE: European stocks on Wednesday shrugged off renewed hostilities between Iran and the United States, as oil prices edged up, with investors also focused on upcoming U.S. inflation data that could influence the rates outlook. The pan-European STOXX 600 index rose 0.1%, with gains across most sectors. That was in contrast to a loss of […]
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 […]
MUSCAT, JUNE 10 International investors are increasingly viewing Oman as a strategic platform for growth in renewable energy, advanced manufacturing, tourism and innovation, reflecting growing confidence in the Sultanate of Oman’s long-term economic vision and investment environment. This was the key message emerging from a panel discussion held during the Future Fund Oman (FFO) investment […]
