The world capital of French fries has a problem: Too many potatoes
JENNY GROSSWALHAIN, BelgiumA thousand tonnes of potatoes were stacked 15 feet high in a warehouse on Kris D’haeyere’s farm for months. Even though he offered to sell them for just…
Oman positioned to benefit from shifting capital flows
MUSCAT, JUNE 1The Sultanate of Oman is emerging as one of the Gulf region’s most strategically positioned destinations for investment as businesses and investors reassess supply ch…
Omani, Thai oil firms to explore upstream pact
MUSCAT, JUNE 1PTT Exploration and Production Public Company Limited (PTTEP), Thailand’s national oil and gas exploration and production company, has announced a new partnership wit…
Treasury bill issuance reaches RO 61 million
MUSCAT: The total value of government treasury bills allocated this week reached RO 61.4 million, according to the Central Bank of Oman (CBO).In a statement issued on Monday, the C…
‘Let me ask ChatGPT’: That’s what really worries me!
During the Eid gathering, I overheard a conversation between two university students in Muscat. One was busy working on an assignment, while the other was planning a family holiday…
Oman-India CEPA becomes operational
MUSCAT: The Comprehensive Economic Partnership Agreement (CEPA) between the Sultanate of Oman and India officially enters into force today. The implementation follows the formal no…
Barka records 49.1°C
MUSCAT: The Sultanate of Oman is experiencing early summer heatwave, with temperatures climbing perilously close to the 50°C mark across several governorates. According to official…
Works on Al Nuzha Street project to begin in June
Muscat: Muscat Municipality signed a contract to implement the al Nuzha Street dualisation project in South Mabela, Wilayat of Seeb, in a strategic step aimed at upgrading the road…
Iran says lack of trust, contradictory U.S. positions delaying diplomacy
DUBAI: A delay in the diplomatic process to end the U.S.-Iran war can be explained by a lack of trust, Washington’s contradictory positions and Israel’s attacks on Lebanon, Ira…
GLOBAL MARKETS-Stocks shake off Iran jitters as AI rules supreme; oil climbs
SYDNEY/LONDON: Global stocks traded at record highs on Monday as the AI boom continued to drive demand, offsetting news of fresh attacks in the Gulf that challenged optimism about…