Oman Minerals Trading gears up for launch

MUSCAT, JUNE 7Ahead of the planned operationalisation of its centralised trading platform, Oman Minerals Trading Company’s (OMTC) newly appointed Chairman has affirmed that the sta…

IMF mission reviews Oman’s economy

MUSCAT: An International Monetary Fund (IMF) mission has begun its 2026 Article IV consultation with the Sultanate of Oman, marking the start of a comprehensive review of the count…

Opec+ eyes further output increase

LONDON: Opec+ is expected to approve a fourth consecutive increase in oil production targets on Sunday, despite ongoing disruptions to crude flows through the Strait of Hormuz that…

Heatwave to grip northern Oman

Muscat: A heatwave is to begin on Monday and last until Wednesday, resulting in high temperatures moving towards the high 40s, and is expected to affect the northern parts of Oman….

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