HM visits Special Economic Zone at Duqm
Duqm: His Majesty Sultan Haitham bin Tarik, paid a visit to the Special Economic Zone at Duqm on Wednesday.During the visit, His Majesty reviewed the economic, investment and devel…
HM’s condolences conveyed to Dubai Ruler
Muscat: On the instructions of His Majesty Sultan Haitham bin Tarik, HH Sayyid Harib bin Thuwaini Al Said conveyed His Majesty’s condolences on Wednesday to HH Sheikh Mohammed bin…
Airbus forecasts 3,830 new passenger aircraft required for Middle East by 2045
Dubai: The Middle East region will require over 3,800 new passenger aircraft in the next 20 years according to Airbus’ latest Global Market Forecast (GMF). A doubling in the propen…
OECD expects AI boom to help offset energy shock
PARIS: AI-led investment is helping the global economy hold up marginally better than expected this year, but the energy shock is becoming more entrenched, weighing on the outlook…
Autumnal Equinox to bring in cooler temperatures
Muscat: The Autumnal Equinox that the Sultanate of Oman witnessing on Wednesday will let heat to subside while bringing in cooler temperatures in the coming days, according to star…
Iran cancels flights to Baghdad, Muscat as US sanctions bite
Iran has been forced to cancel international flights in the region due to sweeping US sanctions, with airports in Baghdad, Iraq, and Muscat, Oman, no longer receiving flights from…
US considers halting diesel exports as fuel prices surge
The US is considering halting diesel exports amid sharply rising fuel prices, President Donald Trump said on Tuesday.”We make a lot of diesel,” Trump told reporters on the sideline…
Oman’s GDP to record 3.5% growth in 2026, 2027: Report
Standard Chartered forecasts Oman’s GDP growth to reach 3.5% in both 2026 and 2027, supported by resilient non-oil activity and a positive contribution from hydrocarbon production….
Aviation fuel climbs to $194; Oman sees surge in exports, drop in domestic sales
Aviation fuel prices touched $194.90 per barrel levels over continuing disruption in the crude oil supplies from the GCC.According to the Jet Fuel Price Monitor, the global averag…
New Securities Law to enhance investor protection, promote investment banking
Abdullah bin Salim al Salmi, Executive President at the Financial Services Authority (FSA), affirmed that the regulatory provisions contained in the Executive Regulation of the Sec…