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First Starlight Reserve to come up in Dakhliyah

Oman has announced through a Royal Decree that it will establish region’s first Starlight Reserve in Dakhliyah governorate. The reserve will be a boon for… Read more

Oman, South Korea explore areas of technical, industrial avenues

Muscat: The State Council Chairman, Dr. Yahya bin Mahfoudh Al Mantheri received Ahn Gyu-Back, Chairman of the National Defence Committee from the Democratic Party of… Read more

Oman’s Crude production crossed 29mn barrels in April

Muscat: The Sultanate’s crude oil and condensates production stood at more than 29,000,000 barrels during April 2019, according to the monthly report issued by the… Read more

Royal Decree establishes new credit rating agency in Oman

Muscat: Oman will now have a body that will be in charge of rating individual credit history, according to a new Royal Decree. This means… Read more

Expat management roles targeted for Omanisation

Muscat: Expatriates who work in senior management roles in Oman may be affected by the Ministry of Manpower’s extension of its visa ban on certain… Read more

Oman’s Foreign Direct Investment crosses OMR 9 billion

Muscat: Oman’s Foreign Direct Investment rose to OMR 9,736,900,000 in the second quarter of 2018. According to a report by the Public Authority for Investment… Read more

Iran’s Rouhani warns of greater hardship than war years of 1980s

Iran’s president, Hassan Rouhani, has called for unity among political factions to overcome conditions that he said may be harder than those during the 1980s… Read more

Volunteer group distributes iftar meals for togetherness

Started with an aim to reduce the use of plastics and promote the spirit of love, tolerance and appreciation, Fahaddath Voluntary Group has launched the… Read more

How US steel manufacturing is being affected by the tariff hike on China

The U.S. and China are launching into another round of trade talks. The current tariffs have one U.S. manufacturer facing a double whammy. CNBC’s Contessa… Read more

Will China use its US$1.2 trillion of US debt as firepower to fight the trade war?

Fears among investors and analysts on how escalating tensions will unravel continue to rise after the US raised tariffs on Friday.