Muscat: Temperatures across the Sultanate of Oman are expected to remain above the long-term climatic average during August, September and October 2026, according to the latest seasonal outlook issued by the Civil Aviation Authority (CAA). The bulletin, issued in August, provides an initial indication of the temperature and rainfall patterns expected across Oman over the […]
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 data analytical company, TradingPlatforms, has highlighted the most heavily impacted regions and companies in the tech industry with layoffs. Data revealed that tech industry layoffs have now reached 93,038, following California-based social media company Meta’s announcement that it is cutting 8,000 positions as part of an efficiency-led restructuring and increased investment in AI infrastructure. The […]
