MUSCAT: The Central Bank of Oman’s latest report highlights a 4.4% growth in credit extended to the private sector, which totaled RO 26.8 billion by the end of October 2024. This credit expansion reflects sustained confidence in the Sultanate’s economic environment and is distributed across key economic sectors. Individuals and non-financial corporate entities dominate the…
MUSCAT: Oman’s Civil Aviation Authority has issued a weather warning regarding a significant temperature drop expected across the country over the coming days. This cold spell is likely to impact all governorates of the Sultanate, with temperatures dipping lower than usual for this time of year. The authority has advised residents to take precautions, especially…
SEOUL: In a significant development, the National Assembly of South Korea voted 204-85 in favor of an impeachment motion against President Yoon, with three abstentions and four invalid ballots. This vote took place amid intense protests from both the president’s supporters and opponents across Seoul. The impeachment motion was passed with just eight defections from…
MUSCAT: Oman’s Civil Aviation Authority has issued a weather warning regarding a significant temperature drop expected across the country over the coming days. This cold spell is likely to impact all governorates of the Sultanate, with temperatures dipping lower than usual for this time of year. The authority has advised residents to take precautions, especially…
MUSCAT: The Ministry of Heritage and Tourism in Oman has announced that the iconic fort will be closed to visitors from December 15 to 17, 2024, for essential maintenance. This temporary closure is aimed at ensuring the proper upkeep of the fort, preserving its historical value, and maintaining its structural integrity. The site will remain…
PARIS: French President Emmanuel Macron appointed François Bayrou as the new Prime Minister of France on Friday, following the resignation of Michel Barnier. Bayrou, the 73-year-old leader of the centrist Democratic Movement (MoDem) party, has previously run for president three times and backed Macron’s candidacy in 2017. He is also the mayor of Pau, a…
MUSCAT: His Excellency President Alexander Lukashenko of Belarus will make an official visit to the Sultanate of Oman on Saturday. This visit marks an important step in further strengthening the diplomatic ties between the two nations. During the visit, President Lukashenko and Omani officials will engage in discussions aimed at exploring new avenues of cooperation…
NEW YORK: TIME Magazine has named US President-elect Donald Trump as its 2024 ‘Person of the Year,’ acknowledging his unparalleled political resurgence in modern American history. This recognition follows Trump’s historic comeback after a tumultuous first term that ended in controversy, including his role in the January 6 Capitol attack. Despite legal challenges and a…
NEW DELHI: The 15th India-UAE Joint Commission Meeting (JCM), held in New Delhi, marked a significant milestone in bilateral cooperation as both nations signed an MoU to boost collaboration in polar and ocean research. The agreement, inked between the Emirates Polar Mission Steering Committee of the UAE and India’s National Centre for Polar and Ocean…
L ULA: The second meeting of the Omani-Saudi Coordination Council took place in Al Ula Governorate, Saudi Arabia, marking a significant step in strengthening bilateral ties between the two nations. The meeting was co-chaired by Sayyid Badr Hamad Al Busaidi, Oman’s Foreign Minister, and HH Prince Faisal bin Farhan Al Saud, the Saudi Foreign Minister….
