Green aluminium projects planned in Duqm SEZ
MUSCAT, APRIL 15As many as three major low-carbon aluminium projects are envisaged for implementation at the Special Economic Zone at Duqm (SEZAD) in the Sultanate of Oman, undersc…
OQEP acquires 35% stake in Oman’s Block 27
MUSCAT, APRIL 15OQ Exploration and Production (OQEP) has signed an Asset Sale and Purchase Agreement (ASPA) to acquire a 35 per cent non-operated participating interest in Block 27…
BlueFive leasing appoints key Omani executives
MUSCAT: BlueFive Capital, one of the world’s fastest growing investment managers, announced the appointment of Aimen al Hosni as Chairman and Khalid Mohammed Zaman as Vice Chairman…
AeroVecto advances vertipad testing for Oman’s AAM push
MUSCAT, APRIL 15AeroVecto Aviation Services has signed a letter of intent with Australia-based Skyportz to introduce and test AeroBerm vertipad technology in Oman, as part of early…
Intensive measures to reduce electronic fraud activities
There is increasing global and local attention to combating electronic and financial fraud, which has become a major challenge for financial and banking institutions as well as ind…
Oman’s resilience amidst global stagflation risks
As the global economy grapples with the specter of stagflation — the dual challenge of slowing growth and rising inflation — Oman stands out for the relative advantages conferred b…
Iran military warns will block Red Sea if US naval blockade continues
Tehran: Iran’s military warned on Wednesday it would block trade through the Red Sea, along with the Gulf and Sea of Oman, if the US naval blockade on Iranian ports continues.In a…
US to send thousands more troops to Mideast: Report
The U.S is set to send thousands more troops into the Middle East in the coming days, as the Trump administration attempts to pressure Iran into a deal, the Washington Po…
Dollar nears 6-week lows as Iran talks erase war premium
LONDON – The U.S. dollar skimmed six-week lows on Wednesday, having surrendered almost all the gains made since the Iran war erupted, as signs of another round of talks between Wa…
Laundry detergent sheets as an alternative to liquids or powders?
The global household products market is witnessing the rapid emergence of laundry detergent sheets as a modern alternative to traditional liquid and powder formats. Designed to off…