Gulf

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…

6 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…

6 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…

6 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…

6 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…

6 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…

6 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…

6 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…

6 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…

6 months ago

JAFZA One Convention Centre to host UAE’s largest business networking event

BNI UAE, the country’s leading business networking organisation and part of the world’s largest referral-based business network, has announced BNI…

6 months ago

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