Trump announces deal for huge US stake in Venezuelan oil
Washington: United States President Donald Trump said on Friday his administration has reached a huge oil deal with Venezuela that gives the United States majority control of 65 bi…
Salalah Engineering Forum to explore innovations driving Oman’s clean energy transition
SALALAH: The fifth Salalah Engineering Forum will open on September 1, Tuesday under the theme ‘Energy Transformation Engineering: Applied Innovations for a Flexible Clean Energy I…
When should Oman pay to keep an air route flying?
Oman is preparing to strengthen domestic air connectivity. The difficult decision will not be where an aircraft can land, but where public money should help keep one flying.That qu…
Strengthening the Omani economy through local content development
The Sultanate of Oman is using local content more often as it strives towards the goals outlined in Oman Vision 2040. While local content discussions mainly revolve around manufact…
Truck movements under scanner in Oman after fatal crash
Muscat: The tragic accident on Friday, due to a collision between vehicles near Samail in the Al Dakhiliyah Governorate, led to the death of six people and injuries to 18 others, e…
Sanctions impacting economy, says Iran’s President
Tehran: Iran’s President Masoud Pezeshkian has admitted that US sanctions on his country are hurting its economy; despite just days ago insisting they would achieve nothing.”Some s…
US enters into oil agreement with Venezuela, Trump says
ReutersU.S. President Donald Trump on Friday said the U.S. had entered into an oil agreement with Venezuela.”At my direction, Secretary of State Marco Rubio, and Secretary of War…
Venezuela weighs OPEC exit: Reports
Venezuela is closely examining plans to leave OPEC, Bloomberg News reported on Thursday, citing people familiar with the matter.The idea of an exit has been a topic in co…
Oman offers condolences to Algeria’s forest fire victims
The Sultanate of Oman has expressed its condolences to the People’s Democratic Republic of Algeria over the forest fires that broke out in the north of the country, resulting in a…
Bill Gates warns AI poses a grave threat to jobs and human life
Bill Gates, the billionaire co-founder of Microsoft, is loudly warning that artificial intelligence poses a grave threat to jobs and human life, and that urgently addressing the ri…