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Monday, August 31, 2026 | Rabi' al-awwal 17, 1448 H
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Economy

US urges G20 to pursue growth amid rising debt concerns

ASHEVILLE: US officials urged Group of ​20 country finance leaders on Monday to push harder ​for economic growth as the best way to counter concerns over rising global debt levels. The two-day meeting in Asheville,...

US Treasury Secretary Scott Bessent, Federal Reserve Chair Kevin Warsh, President and CEO of Citizens Bank of Edmond Jill Castilla, CEO of JPMorgan Chase Jamie Dimon attend a plenary session as finance ministers and central bank governors from G20 countries meet in Asheville, North Carolina. - Reuters

'A43KD' will put Oman on the amateur radio map

the gathering will add a distinctive technical experience to the season’s activities, combining Dhofar’s natural beauty with the passion for communication over the airwaves.

MCA Oman gathers business leaders on e-invoicing

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Bitumen traders meet amid RO 1.2bn road drive

The event is taking place at a time when Oman is running one of its largest road construction programmes to date.

Port of Duqm records strong growth in Ro-Ro operations

Port of Duqm’s Ro-Ro Terminal has an annual handling capacity of more than 300,000 units.

DHOFAR BREWS A COFFEE FUTURE

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Samayil Industrial City Localises 12 New Projects

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Oman moves to accrual accounting in major public-finance reform

The transition to accrual accounting builds on a multi-year programme of public-finance reforms undertaken by the MoF in line with Oman Vision 2040.

Oman's R&D spending reaches RO 189.4 million

Data showed that 42 per cent of all R&D employees were in the private sector.

Oman positions itself as ‘Switzerland of AI’ with balanced, open approach

“We want to be the Switzerland of AI at all layers, starting from the infrastructure layer to the model layer and the governance layer”, Dr Al Shaithani.

Stranded ships raise fears of marine bioinvasion

File picture of ships stranded in the Strait of Hormuz. — Reuters

FSA issues regulation on insurance loss assessment

FSA issues new rules to enhance insurance loss assessment and protect policyholders.

Al Roofoof expands Arabica coffee cultivation in Dhofar

The Al Roofoof project is still in an establishment phase and has not announced commercial coffee volumes.

RO 226.6 mn in credit limits approved by Credit Oman in H1 2026

the value of approved credit limits for exports stood at approximately OMR 138.5 million, compared to OMR 148.7 million last year.

Otech, RemedyPartner to LaunchAI-Powered Platform

This partnership represents an extension of Otech’s commitment to supporting innovation and enabling technology startups to transform their ideas and solutions into enterprise applications that deliver tangible impact.

Total Length of Roads in Oman Exceeds 45,000 KM

The total length of paved roads rising from 40,546 kilometres in 2021 to 45,659 kilometres by the end of 2025, reflecting the progressive development of the road infrastructure.
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