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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

Expert says Trump's tariff promises are not paying off

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Oman and Belarus deepen investment cooperation

The meeting underscored both countries’ commitment to expanding bilateral cooperation and unlocking new partnership opportunities.

Asyad Shipping reports strong ESG gains in 2025

Operationally, ASCO continues to expand its fleet capacity, with new vessels under construction to support global trade routes.

Protection walls to safeguard farmland from flood risks

Farmland protection wall in Yanqul.

Skills gap, work culture shape labour market: expert

Strengthening work culture is central to improving labour market efficiency.

RO 8.8 bn investments across regulated sectors

Top officials of the Authority for Public Services Regulation (APSR) at the media briefing.

Salalah Port in talks for extension of concession beyond 2028

Salalah Port is one of Oman’s biggest transshipment and logistics hubs.

GCC education sector expands to 10.9 million students

Public education continues to dominate, accommodating around 7.6 million students, or 70.2 per cent of total enrolment.

Oman-Belarus forum targets new investment flows

The forum will bring together business leaders, investors and institutional representatives from both countries.

New initiative integrates solar energy into agricultural projects

The initiative enables farmers to adopt solar energy technologies to increase production efficiency and reduce operating expenses.

Oman’s non-oil GDP hits RO 28.7 billion in 2025

Non-petroleum activities continued to outpace oil-driven growth, highlighting structural progress in broadening the economic base.

Brent heads for record monthly leap

Oil, miniatures of oil barrels, oil pump jack and US dollar banknote are seen in this illustration. — Reuters

War forces Asian economies to confront sliding currencies

A man walks past an installation of the Rupee logo and Indian currency coins outside the Reserve Bank of India (RBI) headquarters in Mumbai, India. — Reuters

BoJ highlights inflationary pressure from oil, weak yen

The Japanese national flag waves at the Bank of Japan building in Tokyo. — Reuters

War forces Asian economies to confront sliding currencies

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