Oman Resumes Copper Exports After Three Decades

MUSCAT: Oman has officially resumed its copper exports, marking a significant milestone for the nation after a hiatus of over three decades. This achievement underscores the Sultanate’s commitment to diversifying its economy and promoting sustainable industrial practices. The inaugural shipment of 900 tons of high-quality copper concentrates, ranging from 18% to 22% in concentration, was…

Read More

Sohar International Raises RO 130 Million In 2024 Rights Issue

SOHAR: Sohar International has successfully concluded its 2024 rights issue, raising RO 130 million. This capital raise strengthens the bank’s financial position and supports its future growth initiatives. The rights issue is among the largest in 2024 on the Muscat Stock Exchange (MSX), reflecting strong investor confidence. The funds raised will be directed toward enhancing…

Read More

Oman Prepares For Expo Osaka 2025 Participation

MUSCAT: The Sultanate of Oman is making significant strides in preparation for its participation in the upcoming Expo Osaka 2025. His Highness Sayyid Theyazin bin Haitham bin Tarik Al Said, Minister of Culture, Sports and Youth, recently chaired a pivotal meeting with the main committee overseeing Oman’s contributions to the global event. The meeting, held…

Read More