MUSCAT: The Muscat Stock Exchange highlights the crucial role of market fundamentals in influencing stock prices, with fluctuations often driven by the dynamics of demand and supply. Understanding how these two forces interact can help investors anticipate potential price movements. When demand for a particular stock surpasses its available supply, there is upward pressure on…
MUSCAT: The Oman national football team will face Yemen in a friendly match tonight at 7:00 PM as part of their preparation for the 26th Arabian Gulf Cup. This match holds significant importance for the team as they continue their preparations ahead of the tournament. The 26th Arabian Gulf Cup will kick off in Kuwait,…
MUSCAT: The Embassy of Switzerland in Oman celebrated its 10th anniversary, marking a decade of fostering strong and dynamic relations between the two nations. Since its opening on 12 November 2014, the embassy has worked tirelessly to strengthen bilateral ties, making significant strides in various areas, including peace promotion, trade and investment, scientific cooperation, and…
MUMBAI: Indian tabla maestro Ustad Zakir Hussain, known for his legendary skills and contributions to Indian classical music, passed away on Sunday at the age of 73. He had been receiving treatment at a San Francisco hospital for heart-related issues before his death. Hussain’s passing marks the end of an era for Indian classical music,…
MUSCAT: His Majesty Sultan Haitham bin Tarik hosted an official dinner on Sunday at the Al-Alam Palace guesthouse in honor of His Excellency Aleksandr Lukashenko, President of Belarus, and his accompanying delegation during their official visit to the Sultanate of Oman.
MUSCAT: His Majesty Sultan Haitham bin Tarik extended a warm welcome to His Excellency Aleksandr Lukashenko, President of the Republic of Belarus, during an official dinner hosted at the Al-Alam Palace guesthouse on Sunday. This event marked the commencement of President Lukashenko’s official visit to the Sultanate of Oman, aimed at strengthening bilateral ties and…
MUSCAT: The Ministry of Agriculture, Fisheries, and Water Resources is leading several key dam maintenance projects in Al Buraimi Governorate, with a total investment of over RO 686,000. These projects aim to enhance water resources, improve groundwater storage, and ensure a sustainable water supply for agriculture in the region. Engineer Nasser bin Ali Al Marshoudi,…
MUSCAT: Oman has introduced new regulations for temporary worker transfers under Royal Decree 53/2023. These guidelines are part of a broader effort to enforce Omanisation policies and maintain a fair and transparent labour market. The aim is to ensure that worker transfers do not undermine local employment opportunities and that workers’ rights are protected throughout…
MUSCAT: The agreement was formalized by His Excellency Nasser bin Khamis Al Jashmi, Chairman of Oman’s Tax Authority, and His Excellency Dr. Mwigulu Lameck Nchimba, Tanzania’s Minister of Finance and Planning. The pact focuses on improving investment conditions, addressing double taxation, and increasing financial transparency between the two countries. This agreement is expected to enhance…
DUBAI: UAE continued their flawless performance in the second edition of the Gulf Cup T20, securing a 24-run victory over defending champions Oman at the ICC Academy ground in Dubai. After setting a competitive total of 157/7, the UAE bowlers held their ground and restricted Oman to just 133/8, marking their second consecutive win. With…
