GCC banking sector remains resilient with strong HI performance
MUSCAT: Banks across the Gulf region maintained a strong performance in the first half of the year, with sustained profitability, asset quality, and capitalization all improving. T…
National Competitive Committee reviews efforts to strengthen rankings
MUSCAT: The National Competitiveness Committee (NCC), meeting for the second time this year, reviewed recent trends in the Environmental Performance Index (EPI) and designated the…
OMRAN Group named WTTC’s Sustainability Data Partner
MUSCAT: Oman Tourism Development Company (OMRAN Group) has been named the official Sustainability Data Partner of the World Travel & Tourism Council (WTTC). This strategic partners…
Tech leads Asia share rally, gold near record high on Fed rate cut bets
TOKYO: Asian equities surged on Thursday, led by technology shares, while gold held near record highs and the dollar weakened after soft U.S. labour data strengthened expectations…
Trump administration cuts energy projects, freezes New York funding
Washington:The Trump administration has announced plans to terminate a number of clean energy projects and temporarily freeze billions of dollars in federal funding for major infra…
OpenAI Valued at $500 Billion After Share Sale
OpenAI, the company behind ChatGPT, has reached a valuation of $500 billion after current and former employees sold about $6.6 billion worth of shares, a source familiar with the m…
The power of art to transform the coastal town of Al Mussanah
In the early morning light, Al Mussanah’s narrow streets teemed with activity. Fishermen unloaded their boats, local vendors arranged their stalls, and artists gathered at the hear…
The world’s last linen beetling mill eyes strong future
The noise is deafening and the work can be lonely, but to William Smyth, who toils in the world’s last commercial linen “beetling” mill, his job is unique.”There’s nothing modern a…
Oman condemns Israeli attack on Sumud Flotilla
Muscat: The Sultanate of Oman condemned and denounced the Israeli attack on the Global Sumud Flotillaloaded with urgent humanitarian aid heading for the Gaza Strip, viewing it as y…
Pact inked to build first mosque using 3d-print in Salalah
Salalah: An agreement was signed on Thursday in Dhofar Governorate to implement a project to build a mosque by using 3D printing technology.The design of the building of al Khair M…