Focus to ease Hormuz traffic
WASHINGTON/CAIRO: Dozens of countries sought ways to restart vital energy shipments through the Strait of Hormuz after US President Donald Trump vowed more aggressive strikes on I…
Sayyid Theyazin receives Belarus FM
His Highness Sayyid Theyazin bin Haitham al Said, Deputy Prime Minister for Economic Affairs, on Thursday received Maxim Ryzhenkov, Minister of Foreign Affairs of the Republic of B…
Non-oil sector emerges as key stability driver
Oman’s economy has entered 2026 on a relatively steady footing, supported by continued growth in non-oil sectors and stable inflation, even as lower oil prices and a sharply narrow…
Oil rallies, stocks drop as Trump dampens Mideast hopes
LONDON: Oil surged and stocks fell on Thursday after Donald Trump threatened further heavy strikes on Iran, and offered no solution to reopening the key Strait of Hormuz.Investors…
Reserves rise at Yumna Field in Oman’s Block 50
Masirah Oil Limited (MOL), the operator of Block 50—currently the only producing licence off Oman’s east coast—has announced a notable increase in the reserves potential of its fla…
Oman & Belarus to boost trade and investment ties
MUSCAT: The Sultanate of Oman and the Republic of Belarus have underscored their commitment to strengthening economic, trade and investment cooperation through high-level talks and…
When crisis calls, the business leader must rise
I have a simple but powerful question for those who proudly call themselves visionary business leaders in today’s world: are great leaders born, or are they made?Pause for a moment…
On birthright citizenship, Trump’s restrictive immigration agenda hits a rare roadblock
WASHINGTON: President Donald Trump took the short trip from the White House to the U.S. Supreme Court with his signature priority of cracking down on immigration largely intact, g…
FSA warns two actuarial firms over reporting violations
Muscat: The Financial Services Authority (FSA) has issued two administrative decisions warning Badri Management Consultancy and Lux Actuaries & Consultants for failing to comply wi…
Hopes dim for swift end to Iran war after Trump speech, oil prices surge
WASHINGTON/CAIRO: Hopes for a swift end to the Middle East war faded on Thursday after U.S. President Donald Trump vowed more aggressive strikes on Iran, sending oil prices back we…