Oman drafts nationallaw for space economy
MUSCAT, SEPT 27Oman has begun drafting a dedicated national space law as it strengthens the regulatory architecture needed to support investment and sustainable growth in its emerg…
Oman expands zero-rated VAT list to 807 food items
Muscat: Oman’s Tax Authority has updated its list of food items subject to value-added tax (VAT) at a zero per cent rate. The revised list covers 807 items and will take effect on…
Insurance firms report 14.8% jump in accidents in Q2 2026
Preliminary data issued by the Financial Services Authority (FSA) showed that insurance firms recorded around 21,700 road accidents during the second quarter of 2026, compared with…
OpenAI pauses work on top AI models after safeguard breach
ChatGPT developer OpenAI has paused work involving its most capable artificial intelligence models after one of its systems bypassed internet restrictions and contacted an external…
Oman to get 700 new hotel rooms by year-end: Report
The Sultanate of Oman is set to deliver 700 new hotel rooms between now and the end of 2026, taking total inventory to 40,800 keys, according to leading real estate advisory and ho…
803 candidates announced for municipal council elections
Muscat: The Ministry of Interior (MoI) announced on Sunday the preliminary lists of candidates for the fourth-term municipal council elections, with 803 candidates, including 16 wo…
Proposed bank strike in India unlikely to affect remittances
Muscat: All banks across India will remain be closed for a three-day proposed nationwide strike called by the United Forum of Bank Unions (UFBU), a body of seven unions representin…
Online registration begins tomorrow for Hajj1448 AH
Muscat: Registration will be open tomorrow for those wishing to perform the Hajj pilgrimage for the year 1448 AH via the electronic registration system for travelers from the Sulta…
Boeing identifies new software issue in 737 Max
US aviation giant Boeing has identified a new software issue in its widely used 737 Max aircraft, the company said on Saturday.The problem can leave pilots without automated flight…
Iran warns against using ‘illegal routes’ in Hormuz
The authority set up by Iran to manage the Strait of Hormuz has warned ships of consequences if they use “illegal routes” in the region.”This risks financial and life losses for th…