MUSCAT: Oman’s broad money supply (M2) showed a significant growth of 8.1% year-on-year, reaching a total of RO 24.9 billion by December 2024. This marks a notable increase, reflecting the continued expansion of the country’s financial system. The growth in M2, which includes currency in circulation and various types of deposits, signals a positive shift…
MUSCAT: This week, multiple regions in Oman have experienced temperatures surpassing 40°C, a clear indication that summer is fast approaching. The unusually high temperatures have drawn attention from both local residents and authorities, highlighting the intensity of the coming seasonal shift. These temperature spikes, typically expected later in the year, have arrived earlier than usual,…
MUSCAT: HH Sayyid Theyazin bin Haitham Al Said, Oman’s Minister of Culture, Sports, and Youth, is set to inaugurate the Sultanate’s pavilion at Expo 2025 in Osaka, Japan. This global event, themed “Designing Future Society for Our Lives,” will feature the most innovative and sustainable ideas to shape the future. Oman’s participation reflects its commitment…
MUSCAT: Students with outstanding fees may face serious consequences regarding their educational and administrative access. These fees, which often include tuition, library access, and student services, are crucial for maintaining the university’s operations. Failure to meet payment deadlines may result in the suspension of services, hindering the students’ ability to complete necessary tasks related to…
MUSCAT: A man in Oman has been sentenced to five years in prison after being found guilty of kidnapping a child and committing indecent assault. The crime, which took place in a residential area, shocked the local community and drew widespread attention. The court ruling reflects the severity of the crime and aims to send…
SOUTH AL BATINAH: In a swift and heroic response, three children were rescued from a near-drowning incident in South Al Batinah Governorate. The event unfolded at a local water body where the children, who were reportedly playing near the edge, fell into deep water. Nearby individuals quickly noticed the situation and immediately intervened, managing to…
SOUTH AL BATINAH: The eagerly awaited His Majesty’s Camel Racing Cup Festival 2025 is set to commence this Sunday at the Al-Fulaij racetrack, located in Wilayat Barka, South Al Batinah Governorate. The event, held under the patronage of His Majesty Sultan Haitham bin Tarik, is considered one of the most prestigious sporting festivals in the…
MUSCAT: Nama Power & Water Procurement Company has announced that it has received bids from 12 leading international and regional developers for two significant Independent Power Projects (IPPs). This marks an important step in the company’s ongoing efforts to enhance the country’s energy infrastructure. The bids were received for the development of two new power…
MUSCAT: His Majesty Sultan Haitham bin Tarik has issued Royal directives to allocate RO 7 million for the construction of a new Autism Spectrum Disorder Care and Rehabilitation Center in Muscat Governorate. This center will operate under the National Autism Centre, which plays a crucial role in providing specialized care and support to children with…
USA: In December 2024, the Ministry of Commerce, Industry and Investment Promotion commemorated the 15th anniversary of the Oman-United States Free Trade Agreement (FTA), a landmark accord that has significantly shaped bilateral economic relations. Since its implementation in 2009, the agreement has reduced trade barriers, eliminated tariffs on most goods, and facilitated a smoother flow…
