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Monday, September 09, 2024 | Rabi' al-awwal 5, 1446 H
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Economy

Masirah International awarded package for Ghubrah III Desalination Plant Project

Masirah International Technical and Marine Services L.L.C, the leading Marine Construction Company in the Sultanate of Oman, is proud to announce that it has been awarded the contract to execute marine works for the...

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US crude oil exports to Europe hit two-year low

Very Large Crude Carriers (VLCCs) line up at the Port of Corpus Christi, where they are being loaded with crude oil for shipping worldwide. — Reuters

Turkish inflation eases to 71.6 per cent year-over-year in June

In Istanbul, a pictured spice market with a salesman showcasing various spices, each marked with its distinctive price tag. — Reuters

EU tariffs on China EVs, four-month talk window

Cars to be exported sit at a terminal in the port of Yantai, Shandong province, China. — Reuters

Oman advances 5 places in CIP Index 2024

The CIP aims to evaluate and measure the industrial competitiveness of 153 global economies.

EU governments hesitant on Chinese EV tariffs as trade spat escalates

Employees work on assembly line during a construction completion event of SAIC Volkswagen MEB electric vehicle plant in Shanghai, China. — Reuters

United front: Asia and the Middle East push for ethical AI

Dr Said Jaboob, Deputy Vice Chancellor, UTAS (Oman), Dr Jassim Haji, President Artificial Intelligence Society President International Group of Artificial Intelligence (Bahrain), Dr Khaled Alkhaledi, Kuwait University (Kuwait), Saleh Alnosiaan, Strategic Partner at SDAIA (Saudi Arabia) and Hassan Fida al Lawati, National Program Head for Artificial Intelligence & Advanced Techs at the Ministry of Transport, Communications and Information Technology – Oman.  

Al Najd Project to revolutionise sustainable agriculture in Dhofar

The Al Najd Project spans a vast area, with its farms collectively covering 54,000 acres.

PDO produced water output to hit record 1.4 million m³/day

Rima water treatment plant.

Marsh McLennan names Omani CEO

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Contract farming poised for strong growth in Oman

Contract farming is helping Omani producers of dates, wheat, and fresh cow & camel milk earn sustained incomes for their produce.

OIA's strategies drive Oman's economic growth and diversification

A notable addition to OIA’s portfolio is the Future Fund Oman, with a capital of RO 2 billion to be utilised over five years.

Global factory activity has mixed performance in June, PMIs show

Employees work at the main assembly line at a car plant in Iwaki city, Fukushima prefecture, Japan. — Reuters

German inflation slows more than expected

A general view of a fruit and vegetable stand on a weekly market in Berlin, Germany. — Reuters

China poised for record July soybean imports on low prices

A worker inspects soybeans during the soy harvest near the town of Campos Lindos, Brazil. — Reuters

Salalah Port unveils major expansion to boost container handling capacity

Upgrades to the current four berths to support the new cranes have been completed, with two additional berths under construction.
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