MUSCAT: The Financial Services Authority (FSA) has officially issued a warning to Ubar Hotels and Resorts (SAOG) after it failed to promptly disclose significant information to the public. The authority stated that the company did not announce in a timely manner the board of directors’ decision to raise the company’s capital through a rights issue,…
MUSCAT: In a significant crackdown on drug trafficking, the Royal Oman Police (ROP) have arrested three individuals who were attempting to smuggle more than 95 kilograms of illegal drugs into the country. The arrest took place following a meticulous operation carried out by the General Directorate for Narcotics Control, in coordination with various other security…
MUSCAT: In 2024, the Consumer Protection Authority (CPA) of Oman successfully recovered over RO 3 million for consumers, marking a significant achievement in safeguarding consumer rights across the Sultanate. This accomplishment reflects the CPA’s unwavering commitment to addressing consumer grievances and ensuring fair market practices. The recovered funds stemmed from various sectors, including automotive, construction,…
MUSCAT: A recent photograph captured from the wedding ceremony of His Highness Sayyid Theyazin bin Haitham Al Said, Minister of Culture, Sports, and Youth, was shared on April 24. The ceremony took place at the prestigious Al Alam Palace in Muscat, an iconic venue known for its historical significance and royal importance. The event was…
MUSCAT: Iranian Deputy Foreign Minister Abbas Araghchi is scheduled to travel to Oman on Friday for a new round of nuclear negotiations with the United States, following encouraging progress reported by both sides in the previous two rounds. The meetings are expected to take place in Muscat, continuing the diplomatic momentum fostered in earlier discussions…
SUWAIQ: The Suwaiq Court of First Instance has issued a judgment in absentia against Fathi bin Ali bin Khamis, finding him guilty of digital misconduct that included disturbing public order and insulting the judiciary via online platforms. This case underscores the Omani judiciary’s firm stance against individuals who exploit digital tools to undermine social and…
AL SARIYAH: The Al Sariyah racing track hosted the second camel race of the season, attracting a large turnout of spectators, participants, and camel racing enthusiasts from across the Sultanate. The event featured an impressive lineup of highly trained camels competing in various race categories, with local and regional stables showcasing their finest breeds. The…
MUSCAT: The Central Bank of Oman (CBO) has officially launched the 74th issue of Government Development Bonds, inviting investors to participate through the auction method. This strategic initiative reflects the government’s ongoing commitment to supporting fiscal development and strengthening the domestic financial market. By offering these bonds, the CBO aims to channel savings into national…
MOSCOW: As part of his ongoing state visit to the Russian Federation, His Majesty Sultan Haitham bin Tarik paid his respects at the Tomb of the Unknown Soldier located in Alexander Garden, near the iconic Red Square in Moscow. The solemn gesture underscores the Sultan’s commitment to honoring historical memory and recognizing the sacrifices made…
MUSCAT: During the Shura Council session on Monday, April 21, His Excellency Khalfan bin Saeed Al Shuaili, Minister of Housing and Urban Planning, presented a comprehensive overview of the current state of Oman’s housing policies and the vision for future development. He emphasized the government’s continued efforts to provide sustainable housing solutions that align with…
