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Monday, August 31, 2026 | Rabi' al-awwal 17, 1448 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI
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

"Makeen" drives tech jobs, skills and sector growth

Officials from the public and private sectors attended the event.

Palm Hills financing deals signed in Musandam

The agreements provide integrated financing solutions to facilitate access to housing.

AI surge powers South Korea’s growth momentum

Semiconductor chips with the South Korean flag symbol are seen on a circuit board of a computer in this illustration.

RO 200 million industrial deals boost Oman’s zones

The agreements span a broad range of sectors reflecting a coordinated effort to strengthen domestic value chains and reduce reliance on imports.

Oman, Somalia expand food security, investment cooperation

The talks focused on expanding bilateral cooperation.

Oman landfill gas projects advance under global carbon standard

The Verified Carbon Standard ensures that carbon credits represent real, measurable, and independently verified climate benefits.

Riyada signs cooperation pact with commercial banks

Dignitaries with CEOs of the participating banks at the signing on Sunday.

Nationwide survey to gauge public service performance

The findings will help improve government performance and ensure that services are aligned with citizens’ expectations.

Sanad platform to streamline industrial accreditation

The programme was signed by Eng Ghalib bin Said al Maamari, Under-Secretary for Commerce and Industry at the Ministry, and Maqbool bin Ali al Lawati, Vice Chairman of the Omani Industrialists Association.

Omani firms seal RO 30 million seafood deals in Barcelona

The participation attracted strong interest from international buyers, distributors and investors.

Nama boosts water network efficiency

The company has completed the rehabilitation of approximately 1,200 kilometres of water networks across multiple governorates.

Crackdown on hidden trade intensifies in Oman

The ministry reported that 27,288 commercial registrations were reviewed during this phase.

Meta plans 10 per cent layoffs as AI spending soars

Meta will lay off about 8,000 employees and leave thousands of other positions unfilled next month

Five things to know about DeepSeek

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Oman crude climbs to $99.26 amidst geopolitical tensions

The average monthly price of Omani crude for April delivery stood at $68.15 per barrel.
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