Business

Rwanda, Oman Enhance Ties with Two Agreements and Six MoUs Signed

Oman and Rwanda have taken significant steps to bolster their economic and diplomatic relations by signing two key agreements and six memoranda of understanding (MoUs). These accords were formalized during the official visit of Rwandan President Paul Kagame to Oman, specifically in the city of Salalah. Central to these agreements is the mutual visa exemption for holders of diplomatic, service, and special passports, alongside...

Oman Achieves 51% Growth, Trade Surplus Hits OMR4.7 Billion by 2026

In the first half of 2026, Oman achieved a significant trade surplus of approximately OMR4.7 billion, marking a 51% increase from the OMR3.1 billion surplus recorded during the same period in the previous year. This substantial growth is attributed to a notable rise in merchandise exports, which surged by 15.3% to reach around OMR13.2 billion by the end of June, primarily fueled by robust...

New Logistics Route Cuts Sharjah-Oman Cargo Transit to 35 Days

Sharjah has unveiled a transformative logistics corridor connecting it with Oman, significantly slashing cargo transit times from nearly three months to a mere 35...

Oman Initiates Solar Initiative to Broaden Renewable Energy Access

Oman is poised to make significant strides in renewable energy with the upcoming launch of its "Imtidad" Community Solar Power Stations Programme. Set to...

Tim Cook Unveils Major Siri Overhaul, Marks AI Strategy Shift at WWDC

In a major strategic shift, Apple unveiled its long-term plans for artificial intelligence at the Worldwide Developer Conference (WWDC), with CEO Tim Cook presenting...

Hostilities Pause Between Israel and Iran, Oil Prices Steady

Oil prices found stability on Tuesday following an agreement between Israel and Iran to cease attacks, alleviating immediate fears of a broader regional conflict...

Unions Demand Immediate Action on Tata Steel’s Delayed Port Talbot Project.

Trade unions are urging the UK government to expedite a crucial electricity grid connection for Tata Steel amid reports of potential delays of up...

China and Pakistan Broaden Collaboration Beyond Infrastructure in Major Expansion

The longstanding alliance between China and Pakistan is expanding beyond its traditional roots in infrastructure projects, as both nations aim to deepen ties in...

Oil Prices Surge Amid Iran Conflict, Trump Delays Military Action

Oil prices experienced a temporary dive following reports from Iranian media suggesting that U.S. officials had consented to pause sanctions on Iran's crude oil...