MUSCAT: Bitcoin broke past the \$109,000 mark, signaling a powerful rally that energized the broader cryptocurrency market. This significant price move was underpinned by increasing corporate adoption and growing retail investor confidence. As institutional investors continued to accumulate digital assets and blockchain-related products gained traction across major financial firms, sentiment around Bitcoin’s long-term value proposition…
MUSCAT: Oman announced on Thursday that it will host the sixth round of indirect nuclear negotiations between the United States and Iran this weekend. This move underscores Muscat’s longstanding role as a neutral mediator in regional conflicts, particularly those involving Washington and Tehran. The talks are expected to revive the stalled diplomatic engagement concerning Iran’s…
MUSCAT: Former U.S. President Donald Trump has sparked widespread controversy after describing the recent protests in Los Angeles as a “foreign invasion.” His remarks come in response to mass demonstrations that swept through the city over the weekend, leading to over 100 arrests. The protests were primarily driven by rising tensions over immigration policy and…
INDIA: A tragic aviation incident occurred on Thursday when an Air India aircraft bound for London crashed shortly after takeoff from Ahmedabad, a major city in western India. The flight was carrying 242 people, including passengers and crew, when it went down just minutes into its journey. Initial reports from the airline and police confirm…
MUSCAT: Asyad Group has successfully concluded a major logistical operation involving the transportation of a 204-ton generator for Petroleum Development Oman (PDO). The generator was shipped from Belgium to Duqm Port, navigating a complex multi-modal journey that required meticulous coordination and advanced logistical planning. This significant delivery highlights Asyad’s expertise in handling oversized and heavy…
MUSCAT: The revenues generated by 3-5-star hotels in the Sultanate of Oman have witnessed a notable rise of 17.3 percent, reaching RO 109,213,000 by the end of April 2025. This figure marks a significant growth compared to RO 93,094,000 recorded during the same period in 2024, according to the latest data released by the National…
MUSCAT: The Police Coast Guard of the North Al Batinah Police Command intercepted a small boat in Omani territorial waters carrying 29 individuals attempting to enter Oman illegally by sea. The operation took place during a routine patrol when the vessel was spotted navigating close to the coastline in the early hours of the morning….
MUSCAT: The Consumer Protection Authority (CPA) has taken a significant step forward by signing an agreement with a specialized company aimed at enhancing digital solutions and improving services for persons with disabilities. This initiative reflects the CPA’s commitment to inclusivity and accessibility, ensuring that individuals with disabilities receive the support and resources they need in…
MUSCAT: The Public Authority for Special Economic Zones and Free Zones (OPAZ) has announced a major construction tender, calling for bids exclusively from joint venture companies formed between Omani and Saudi firms. The move signals a deepening of cross-border cooperation and is expected to draw significant interest from qualified contractors with proven track records in…
MUSCAT: In 2024, women in Oman imported handbags valued at 9.5 million Omani Rials, reflecting a significant 37 percent increase compared to the same period in 2023. This rise highlights an expanding consumer market for luxury and everyday accessories in the country. The National Center for Statistics and Information (NCSI) has noted a marked diversification…
