MUSCAT: The Minister of Foreign Affairs of Oman recently bid farewell to His Excellency Jota Yamamoto, the Ambassador of Japan to the Sultanate of Oman, and His Excellency Kiejoo Kim, the Ambassador of the Republic of Korea to Oman, marking the end of their tenure. This farewell event was an occasion to recognize the valuable…
MUSCAT: His Majesty Sultan Haitham bin Tarik has returned to Oman following the conclusion of a private visit abroad. The visit, which was conducted in a personal capacity, has drawn attention as the Sultan resumed his responsibilities in the Sultanate. While no official details were disclosed regarding the purpose or duration of the trip, it…
MUSCAT: In a major move to address the growing demand for affordable housing, the Central Bank of Oman (CBO) has introduced significant reforms in the country’s mortgage lending regulations. This initiative is part of a broader set of reforms aimed at improving access to homeownership for Omani families. The reforms will allow licensed banks to…
MUSCAT: The Oman Investment Authority (OIA) has announced its investment in Golden Gate Ventures, a Singapore-based investment fund focused on startups in the Middle East. The fund, with a capital of USD 100 million, aligns with the Omani government’s vision to foster entrepreneurship, stimulate innovation, and attract foreign investments. By partnering with this fund, OIA…
MUSCAT: The Experience Oman Muscat Marathon 2025 concluded today, marking another successful edition of the internationally recognized race. The event attracted thousands of participants from across the globe, reinforcing Oman’s growing reputation as a premier destination for sports tourism. Runners of all skill levels, from elite athletes to amateur enthusiasts, took part in various race…
MUSCAT: His Majesty Sultan Haitham Bin Tarik has sent congratulatory cables to the leaders of Brunei Darussalam, Japan, and Guyana on the occasion of their respective National Days. The messages conveyed His Majesty’s sincere greetings and best wishes for the prosperity and well-being of their nations and people. These exchanges of congratulations reflect the strong…
MUSCAT: The Muscat Stock Exchange (MSX) recorded a significant 26.3% increase in trading value last week, reaching RO 20.6 million compared to RO 16.3 million the previous week. This surge reflects growing investor confidence and increased market activity, with several sectors witnessing heightened trading volumes. The rise in trading value is seen as a positive…
CHINA: China delivered a dominant performance against Oman, securing a 4-1 victory in their latest match at the FIH Hockey Men’s Nations Cup 2. This marks China’s second win in the tournament, further solidifying their position as a strong contender. From the opening whistle, China showcased superior ball control, tactical discipline, and attacking prowess, putting…
SOHAR: Sohar Port and Freezone has started work on deepening its navigation channel to support the Marsa LNG project, a transformative $1.6 billion initiative aimed at positioning Oman as the first LNG bunkering hub in the Middle East. This strategic development will enhance the port’s capacity to accommodate larger vessels, boosting its role as a…
MUSCAT: The Ministry of Health (MoH) initiated a pilot field survey on Thursday as part of the second phase of the National Non-Communicable Diseases (NCD) Survey. This crucial study aims to assess the prevalence and risk factors of NCDs within Omani communities by gathering data directly from selected households. The initiative aligns with the government’s…
