RO 5.2 bn for Social and Basic Services in 2026 Budget
MUSCAT: Oman has earmarked RO 5.2 billion for spending on social sectors and basic services in its 2026 State General Budget, underscoring the government’s continued focus on human…
Cummins, Hazlewood in spin-heavy Australia squad for T20 World Cup
MELBOURNE: Pat Cummins and Josh Hazlewood were on Thursday named in a spin-heavy provisional Australian squad for this year’s Twenty20 World Cup after their Ashes campaign was ruin…
The system that protects banks and punishes people
Let me begin with a scene that still weighs on me. A man sat beside me in Maktab Sanad, just a few steps away from the courthouse — barely twenty metres from where justice is meant…
2025 Markets: Surging Gold, Weakening Dollar
LONDON: Most investors knew this year would be different given Donald Trump’s return to power in the world’s biggest economy, but few predicted how wild the ride would get, or the…
Oil prices log steepest annual drop since 2020
LONDON/NEW YORK: Oil prices fell on Wednesday and recorded an annual loss of nearly 20%, as expectations of oversupply increased in a year marked by wars, higher tariffs, increased…
1,600 MW of solar and wind projects under procurement in Oman
MUSCAT,: Having overseen a sizable increase in renewable energy capacity in 2025, Nama Power and Water Procurement Company (Nama PWP) – the single buyer of electricity and desalina…
Oman allocates RO500 million towards labour market
MUSCAT: The Sultanate of Oman, represented by the Ministry of Finance and the Ministry of Economy, announced the allocation of approximately RO100 million per year towards the Nati…
RO 11.9bn allocated for public spending in Oman’s 2026 State Budget
Muscat: Total public spending in the State’s General Budget for the fiscal year 2026 is estimated at RO 11.977 billion, reflecting the government’s continued commitment to sustaini…
Dozens feared dead after explosion in Swiss ski resort
ZURICH: Dozens of people are feared to have been killed and around 100 others injured after an explosion tore through a crowded bar during a New Year’s Eve party in the upscale…
Oman Budget 2026: 42 new schools, 6 hospitals this year
During the media briefing on the 11th Five-Year Development Plan and the State Budget 2026, Abdullah al Harthi, Undersecretary of the Ministry of Finance, said that RO5.2 billion h…