Hafeet rail: The developer and operator of the Joint Omani-Emirati Railway Network Project, announced today the start of tunnel excavation work in the Al Hajar Mountains in the Al Buraimi Governorate. This marks a major qualitative launch for one of the most critical and transformative stages of the project. According
Muscat: The Oman Investment Authority (OIA) today signed a strategic partnership with Azerbaijan Investment Holding (AIH) to establish a Joint Investment Fund valued at RO 77 million, equally split between the two countries. This reflects a balanced commitment to building long-term partnerships. The Fund targets investments in food industries, the
Muscat: Muscat Stock Exchange (MSX) 30 Index today closed at 5195.65 points, marking a rise of 14 points or 0.28% from the previous session’s close of 5181.38 points. Trading value reached RO 28,179,213 reflecting a 37.5% decrease compared to the last session’s RO 45,051,702. According to Oman News Agency, the
Muscat: The Omani-French Joint Business Council convened at the Oman Chamber of Commerce and Industry headquarters to evaluate joint investment opportunities and outline a future work plan aimed at bolstering economic cooperation between the private sectors in Oman and France. According to Oman News Agency, the meeting included Nabil Hajlaoui,
Muscat: The US dollar climbed to a two-month high in early Asian trading today, as mounting risks surrounding the US government shutdown stoked investor anxiety and lifted demand for safe-haven assets. The dollar index, which tracks the greenback against six major peers, rose 0.3% to 98.91, its strongest level since
Muscat: Oil prices rose nearly 1% today as investors shrugged off concerns about oversupply after digesting a decision earlier by OPEC+ to limit production increases next month. Brent crude futures gained 63 cents, or 0.96%, to $66.08 per barrel, while US West Texas Intermediate (WTI) crude rose 66 cents, or
Muscat: Gold surged past the $4,000 mark per ounce for the first time in history today, as investors sought safe-haven assets amid intensifying economic and geopolitical uncertainties and growing expectations of further interest rate cuts by the US Federal Reserve. Spot gold rose 0.1% to $4,021.22 per ounce, while US
Muscat: The National Programme for the Development of the Private Sector and Foreign Trade (Nazdaher) reviewed the efforts aimed at consolidating the position of the Sultanate of Oman as an attractive destination for the private sector. According to Oman News Agency, Nazdaher highlighted the reforms and initiatives undertaken to enhance
Muscat:The Sultanate of Oman participated in a preparatory meeting of Undersecretaries of Ministries of Culture from GCC states. This meeting, conducted via video conference, served as groundwork for the upcoming 30th meeting of GCC Ministers of Cultu…
El Eulma:Algeria The Sultanate of Oman is showcasing its cinematic talent at the Algeria International Contemporary Cinema Days with its short film “Beta Carotene.” Directed by Mohammed Al Daroushi, the film is part of the inaugural events taking plac…
Muscat:The Otology and Ear Surgery team at the University Medical City has successfully completed the first middle ear hearing implant surgery in the Sultanate of Oman. This two-hour operation has restored hearing for a female patient who had been suf…
Muscat:Cultural relations between the Sultanate of Oman and the People’s Republic of China trace back to a rich history of civilizational contact, characterized by commercial exchange and people-to-people interactions. Ancient maritime trade routes fa…
Muscat:His Majesty Sultan Haitham bin Tarik departed this morning for the People’s Republic of China on a two-day state visit. The visit comes in response to an invitation from President Xi Jinping of China.
According to Oman News Agency, His Majest…
