RO 1bn boost for Misfah, Duqm power projects

MUSCAT: Nama Power and Water Procurement signed power purchase agreements with a Nebras-led consortium and a KOWEPO-led consortium for the development of combined cycle gas turbine…

Oman at Arab information ministers meeting

CAIRO: The Sultanate of Oman on Thursday took part in the 29th session of the Council of Arab Ministers of Communications and Information, held in the Arab Republic of Egypt. The O…

Hospitals provide festival cheer for children

MUSCAT, JAN 22In an effort to allow less privileged children to experience Muscat Nights, the annual carnival of colours, heritage, traditions and global culinary delights, Muscat…

South Korean law to regulate AI takes effect

SEOUL: South Korea became the first country to have a wide-ranging law regulating artificial intelligence take full effect on Thursday, including specific provisions targeting deep…

Oil slips as investors assess supply outlook

BEIJING/SINGAPORE: Oil prices edged lower on Thursday after recent gains, as investors weighed the supply and demand outlook against data showing a rise in US crude and gasoline in…

CBO offers two new GDB issues

MUSCAT: The Central Bank of Oman (CBO) on Thursday announced the issuance of two new Government Development Bonds (GDBs) for public subscription through a competitive auction, comp…

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