Saturday, October 10, 2026

February 20, 2025

Yen Rises, Dollar Steady Amid Latest US Tariffs Impact

Tokyo: The yen firmed and the US dollar held steady today as investors pondered what US President Donald Trump’s latest tariff agenda would mean for the global economy and how it could affect the interest rate outlook for major central banks. Against a basket of currencies, the US dollar hovered

Oman SATS Launches Set of Electric Charging Vehicles, Stations at Muscat Airport

Muscat: Oman Airports, represented by Omani company SATS, today launched a set of electric charging vehicles and stations. The initiative, which kicked off at Muscat International Airport’s air cargo building, aims to cut down carbon emissions and help achieve the 2050 net zero neutrality objectives. According to Oman News Agency,

MSX Drops 8 Points

Muscat: Muscat Stock Exchange (MSX) general index (30) today lost 8.8 points, comprising a decline by 0.20% to close at 4443.87 points, compared to the last session, which stood at 4452.67 points. According to Oman News Agency, the trading value today stood at RO 2,235,949, comprising a rise by 44.3%,

SalamAir to Add 10 Additional Aircrafts to Meet Growing Demand

Muscat: SalamAir, Oman’s Low Fare Airline, announced its intention to add 10 additional aircrafts to its existing fleet over the coming 3 years to meet growing passenger demand. According to Oman News Agency, the airline placed a formal request for 10 Airbus A320 aircraft with multiple aircraft leasing companies in

European Central Bank Reports Highest Loss in History

Frankfurt: The European Central Bank (ECB) today reported its second consecutive year of losses, with a deficit of about £7.9 billion ($8.2 billion) recorded for 2024. This marks the highest loss in the ECB’s more than 25-year history. According to Oman News Agency, the eurozone’s central bank does not rule

UN: 638,000 Face Catastrophic Hunger in Sudan

New York: UN spokesperson Stephane Dujarric said “around 638,000 people are confirmed to be in catastrophic hunger conditions, which are classified as phase 5 of the Integrated Food Security Classification (IPC). According to Oman News Agency, Dujarric noted reports of people dying of starvation in regions such as Darfur, Kordofan,

Political Affairs Undersecretary Engages with British Labour Party Delegation

Muscat: Sheikh Khalifa bin Ali Al Harthy, Undersecretary of the Foreign Ministry for Political Affairs, engaged in discussions today with a delegation from the British Labour Party. The delegation was led by Sir William Patey, Co-chair of the Labour Middle East Council. According to Oman News Agency, the discussions focused

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Seventh Scientific Week Wraps Up at Military Technological College

Hanoi:The Military Technological College (MTC) has successfully concluded its seventh Scientific Week, which was held under the theme “Innovate – Secure – Develop.” The event’s closing ceremony was presided over by Brigadier Ahmed Khalfan Al Hadidi, t…

46 Homes to Be Built for Low-Income Families in Masirah

Masirah:An agreement has been signed to construct 46 residences for low-income families in the Wilayat of Masirah, as part of a project valued at approximately RO 2 million.

According to Oman News Agency, the South A’Sharqiyah Governorate and the Mi…