Washington: The US national debt has exceeded $37 trillion for the first time in the country’s history. Data released by the US Treasury Department yesterday “Tuesday” showed gross national debt reaching $37.005 trillion. According to Oman News Agency, the Congressional Budget Office has indicated that federal debt could climb to
Salalah: An economic seminar titled ‘The Future of Sustainable Energy and Facilities Management’ was held today in the Wilayat of Salalah. Organized by Oman Chamber of Commerce and Industry (OCCI) branch in Dhofar Governorate, in cooperation with Global Chemical Systems and Maintenance Company, the event explored future transformations and innovative
Muscat: Hydrom has announced new fiscal incentives designed to enhance the commercial viability of projects that will be awarded through the ongoing third green hydrogen auction round. The measures represent a targeted response to a market sounding exercise conducted by Hydrom earlier this year and evolving global market dynamics, reaffirming
Muscat: The value of real estate sales contracts in the Sultanate of Oman increased by 12.4% to reach RO 613 million by the end of June 2025, up from RO 545.6 million during the same period in 2024. According to Oman News Agency, data from the National Centre for Statistics
Muscat: Oman oil price for October delivery 2025 has decreased by 53 cents, settling at 67.98 US Dollars today. This marks a change from the price recorded last Friday, which was 68.51 US Dollars. According to Oman News Agency, the average price for Oman oil set for August delivery 2025
Muscat: Gold prices slipped today as market participants focused on US-Russia talks on the war in Ukraine, and July inflation data that could offer more insight into the Federal Reserve’s interest rate outlook. Spot gold was down 0.6% at $3,378.49 per ounce, after hitting its highest since July 23 on
Muscat: European stocks rose today, continuing their strong momentum from last week as investors focused on upcoming US inflation data and tariff negotiations later this week. The Stoxx 600 European index rose by 0.3%, hovering near its highest level since July 31. According to Oman News Agency, the share of
Muscat: Ahmed Ali Al Maamari, Executive Vice President of the Financial Services Authority (FSA), has affirmed that the issuance of the Promising Companies Index Regulations marks an advanced step in the incentive program for developing the capital market. This initiative, he said, is aligned with the goals of Oman Vision
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…
