Oil falls 5% on hopes of US-Iran deal on Hormuz
Oil prices fell about 5 per cent to a three-month low on Tuesday as traders hoped the US and Iran would agree to end the war and allow oil to flow through the Strait of Hormuz.Pri…
Holy Kaaba gets new Kiswah
MECCA: The Holy Kaaba has been draped in its new covering for the year 1448 AH, a majestic visual spectacle that embodies the Kingdom of Saudi Arabia’s devotion to Islam’s holiest…
On behalf of HM, Sayyid Asaad bids farewell to the Indonesian ambassador
MUSCAT: On behalf of His Majesty Sultan Haitham bin Tarik, HH Sayyid Asaad bin Tarik al Said, Deputy Prime Minister for International Relations and Cooperation Affairs, Personal Re…
Tunisia sack Lamouchi, appoint Renard after humbling by Sweden
Tunisia have sacked coach Sabri Lamouchi and replaced him with fellow Frenchman Herve Renard in the wake of the 5-1 defeat by Sweden in their World Cup opener in Monterrey on Sun…
Oman’s AAM opportunity depends on regulatory readiness
By Wajdi Kamabal, The writer is airworthiness & regulatory compliance specialist, Milan – ItalyOman’s opportunity in Advanced Air Mobility extends beyond the aircraft themselves, e…
Oman real estate deals near RO 946 million
MUSCAT: The value of real estate transactions in Oman rose 13.4 per cent year-on-year to RO945.8 million by the end of April 2026, driven by stronger mortgage activity and higher p…
Jet fuel output in Oman rises 10.9%
MUSCAT: Oman’s refining sector delivered mixed results during the first four months of 2026, with stronger jet fuel output and petrochemical production offset by declines in gasoli…
Omani space tech startup wins FFO backing
MUSCAT, JUNE 16Muscat-based Rocket Elements and Technologies (RE&T), an Omani space technology startup focused on advanced propulsion systems, has secured funding support from Futu…
Private vehicle inspection station launched in Oman
MUSCAT, JUNE 16In a move marking a new era for private sector participation in the vehicle transport and technical inspection services sector in the Sultanate of Oman, Al Maha Tech…
Iran draw 2-2 with NZ in politically charged clash in LA
INGLEWOOD: Iran twice came from behind to draw 2-2 with New Zealand in an exciting World Cup clash at Los Angeles Stadium on Monday, as protests against Tehran’s government and a t…