News

Saudi Arabia, Qatar settle Syria’s World Bank arrears with $15m payment

Dubai: Saudi Arabia and Qatar have jointly announced the payment of $15 million to settle Syria’s outstanding arrears to the…

12 months ago

UAE to launch regulated Dirham-backed stablecoin to boost blockchain payments

Abu Dhabi: IHC, ADQ, and First Abu Dhabi Bank (FAB) have announced plans to launch a new stablecoin backed by…

12 months ago

HSBC reports $9.48-billion profit, sticks with share buybacks

HSBC Holdings Plc announced a fresh buyback for shareholders despite an increasingly fragile geopolitical backdrop that has weighed on the…

12 months ago

Oman’s new Public Health Law to strengthen community wellbeing

MUSCAT : This new legislation forms a core component of Oman Vision 2040, establishing a unified legal framework to promote…

12 months ago

Oman’s food safety centre issues warning over contaminated bottled water

Muscat : As per a statement from the Centre, laboratory tests had revealed the presence of microbiological impurities, including Coliform…

12 months ago

Oman, UAE boost bilateral trade and investment ties at ‘Advantage Oman Forum, 2025’

MUSCAT: His Excellency Dr Thani Al Zeyoudi, UAE Minister of State for Foreign Trade, said that the increase in non-oil…

12 months ago

JA Solar to build RO 217.3 million solar cell manufacturing plant in Oman’s Sohar Freezone

Muscat : The new plant will be constructed on a 32.5-hectare site within Phase 2 of the Sohar Freezone, with…

12 months ago

Oman’s Etlaq Spaceport postpones first rocket launch of the year due to weather; fan zone experience to proceed as scheduled

Muscat : The “UNITY-1” mission, initially scheduled for Wednesday, April 30, 2025, from its Duqm-based facility, is now postponed due…

12 months ago

Oman’s ministry approves three new companies under managed security service providers

Muscat : These companies are Phoenix Technology Solutions Company (Securado), Insight Information Security Company (Insight), and Project Management Technology and…

12 months ago

Oman and India explore academic cooperation in higher education and scientific research

Muscat : The Indian delegation, representing the Federation of Indian Chambers of Commerce and Industry (FICCI), is currently visiting Oman…

12 months ago

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