MUSCAT: The Municipality of Interior, in cooperation with the joint inspection team from the General Directorate of Labor, conducted a significant operation in Oman’s Al Dakhiliyah Governorate, targeting illegal street vendors. This operation was initiated due to the rising concerns over violations of the labor laws, particularly by expat workers who were found engaging in…
MUSCAT: Oman head coach Rasheed Jaber remains confident that his team can go all the way in the ongoing 26th Gulf Cup Football Championship, after securing an important 1-1 draw against the UAE. The draw helped Oman confirm their place in the semifinals, where they are set to face Saudi Arabia on December 31. Despite…
DHOFAR: The coastal areas of Dhofar Governorate in Oman are set to experience scattered clouds and light rain in the coming days, providing a refreshing change from the region’s usual warm and clear weather. This weather system is expected to bring light showers across various parts of the region, creating a temporary but welcome respite…
MUSCAT: The Sultanate of Oman has expressed strong condemnation of the ongoing aggression by Israeli occupation forces on the Gaza Strip. This includes the deliberate burning of Kamal Adwan Hospital and the forced evacuation of patients and medical staff. Oman highlighted the blatant disregard for international calls demanding a ceasefire, the protection of civilians, and…
MUSCAT: Hussain Taha’s participation in the 2024 World Aquatics Short Course Swimming Championships in Budapest marked a significant milestone for Oman’s swimming community. As one of the first swimmers trained at a private club in Oman, Nautilus Swimming Club, Hussain competed on the global stage, showing the potential of private clubs in fostering world-class athletes….
MUSCAT: Oman has strongly condemned the recent attack by Israeli occupation forces on Kamal Adwan Hospital in the Gaza Strip. The hospital, a critical healthcare facility, was set ablaze during the attack, and patients, along with medical staff, were forcibly evacuated. This act of aggression further escalates the already dire humanitarian situation in the region,…
MUSCAT: Oman’s financial sector witnessed significant developments as narrow money surged by an impressive 24.8%, complemented by an 8.4% increase in quasi-money. Quasi-money, encompassing savings deposits, time deposits, certificates of deposit, margin accounts, and foreign currency deposits, was pivotal in driving this growth. Demand deposits notably increased by 33.2%, showcasing strong liquidity within the economy….
MUSCAT: The Muscat Stock Exchange (MSX) has been under pressure, with 37 securities recording price drops compared to only 18 showing gains. Despite strong financial performances earlier in the year, the index has struggled to sustain its momentum. The peak on May 30 at 4,845 points marked a brief high before the market faced challenges…
MUSCAT: The Central Bank of Oman’s recent data underscores the significant expansion of Islamic banking within the Sultanate. The financing balance provided by Islamic banks and windows surged by 13.8%, amounting to approximately RO 6.7 billion. This growth reflects the increasing demand for Sharia-compliant financial products and services among both individuals and businesses. The steady…
Ajman Police have announced a full closure of Al-Safiya Street to accommodate the route for the 5th Amina Hospital – Ajman Half Marathon. This closure will occur on Sunday, December 29, 2024, from 6:00 am to 8:00 am. Road users are urged to cooperate and use alternative routes to help ensure the smooth operation of…
