British-Omani aerospace startup Advanced Rocket Technologies (ART) has conducted the first static fire test of what is described as Oman’s first commercially built solid rocket motor, marking a significant milestone in the Sultanate of Oman’s drive to establish indigenous space launch capabilities and a sovereign aerospace industry. The test, conducted recently at Duqm’s Etlaq Spaceport […]
A giant mirror to create “sunlight on demand” was just approved by the United States Federal Communications Commission (FCC), despite opposition from astronomers and the public, and real safety concerns. The FCC approved the company Reflect Orbital to test one satellite, named Earendil-1, as a means of reflecting the sun’s rays back to Earth for […]
MUSCAT: Oman’s upcoming second-quarter company results will offer investors a clearer test of how listed firms absorbed regional volatility, after international analysts warned that Gulf earnings are likely to show an uneven impact across sectors. The issue is not whether Oman is immune to external shocks. It is not. The more important question is whether […]
On Sunday, voters in Colombia will choose their next president in a contest that could have implications far beyond the country’s borders. One of the leading candidates is Abelardo de la Espriella, a far-right celebrity lawyer who has been endorsed by US President Donald Trump and has pledged to take an “iron fist” approach to […]
Muscat: As Oman India Fertiliser Company (OMIFCO) prepares to open its initial public offering to investors, one of the most important elements behind the company’s profitability lies outside the share offer itself: a long-term natural gas supply agreement with the Government of Oman. The agreement, signed in September 2025 and effective from July 15, 2025, […]
MUSCAT, MAY 23 Oman’s banks must move beyond digital transformation and build trusted, AI-enabled financial ecosystems as technology reshapes competition, customer behaviour and the delivery of financial services, the CEO of the Oman Banks Association (OBA) said last week. Speaking at the New Age Banking Summit Oman, Mustahil bin Ahmed al Mamari said the banking […]
