Business

Oman, Rwanda Enhance Cooperation with Two Agreements and Six MoUs Signed

In a move aimed at bolstering their economic and diplomatic ties, Oman and Rwanda have entered into two significant agreements and six memoranda of understanding (MoUs). This development took...

Oman Achieves 51% Increase, Trade Surplus Hits OMR4.7 Billion by 2026

Oman's trade balance showed a significant improvement in the first half of 2026, achieving a surplus of approximately...

Oman, Qatar Actively Pursue Broader Economic and Investment Partnerships

Oman and Qatar have engaged in discussions aimed at bolstering their economic ties, exploring ways to enhance cooperation...

Breaking: Apple Awards Tim Cook $47 Million in Executive Compensation Package

Tim Cook has transitioned from his role as Apple's chief executive to become the company's executive chair, receiving...

China Dismisses US Sanctions Warning on Iranian Trade Deal

China has dismissed the United States' threat to impose secondary sanctions on nations and companies that maintain trade...

Oman’s Q2 2026 Revenues Surge 13% to Reach OMR 6.6 Billion

Oman's public finances saw a notable improvement in the first half of 2026, with revenues climbing by 13% year-on-year to reach around OMR 6.602...

Inspect Fuselages for Cracks, Authorities Instruct Boeing 737 Max Operators

The U.S. aviation regulatory body has mandated inspections for Boeing 737 Max planes due to potential structural cracks in the fuselage. This directive targets...

Middle East Tensions Drive Global Oil Prices Above $100 per Barrel

Oil prices have spiked to significant highs, with Brent crude surpassing the $100 per barrel mark amid rising tensions in the Middle East. On...

Jordan and US Forge New Trade Agreement to Boost Economic Relations

The United States and Jordan have unveiled a new trade agreement designed to enhance economic collaboration, lower trade barriers, and create new business opportunities...

India and Oman Enhance Partnership, Focus on Strengthening Maritime Security

India and Oman have reinforced their strategic partnership with a renewed focus on enhancing collaboration in various sectors such as trade, investment, energy, logistics,...

Saudi Arabia, Oman Boost Ties, Address Trade and Regional Security Issues

Oman and Saudi Arabia have strengthened their partnership by pledging to enhance bilateral cooperation during recent high-level discussions. Omani Foreign Minister Sayyid Badr bin...