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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

Insurance firms pay RO 79.8 million in motor claims

Serious accidents saw a notable increase of 13.2 per cent from 2024, reflecting a qualitative shift towards more serious incidents.

BNPL regulations to boost instalment financing

‘Buy Now, Pay Later’ regulations to boost instalment financing

Dhofar ginger pilot shows import-substitution potential

The ginger initiative builds on the experience of Dhofar’s earlier turmeric localisation project.

Omani ports post 21.6% container growth in 2025

The total number of vehicles handled at Omani ports reached 98,968 units in 2025, marking an 8.3 per cent increase from 91,374 units in 2024.

Phase 1 of Al Suwaiq Industrial City to launch this year

publication: Section: Author: N/A Select action Hamood al Balushi Assistant Director General of Al Suwaiq Industrial City

New India Assurance Oman reviews broker-driven growth

The insurer closed 2025 with gross written premiums exceeding RO 20 million.

Strategic step to commercialise Omani ginger cultivation

The ginger market in Oman will witness rapid growth, reaching 19% by 2028.

Port of Salalah achieves record general cargo volumes in 2025

Rising gypsum and limestone exports helped lift general cargo volumes at Salalah Port.

OPAZ taps retired talent through ‘Experiences’ initiative

The focus is on utilising accumulated experience in consultancy, project management, training and knowledge transfer to enhance institutional performance.

Oman tops Asia in quality of life in Numbeo Index 2026

Oman’s strong performance is underpinned by a high Purchasing Power Index of 156.3, reflecting relatively strong household incomes against moderate costs.

Al Batinah South unveils agri-food investment drive

The opportunities cover projects across citrus and lemon farming, agricultural nurseries and fish farming.

What happens to all these trade deals now?

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Takaichi promises 'strong and prosperous' Japan

Japan's Prime Minister Sanae Takaichi delivers her policy speech during the House of Representatives plenary session in Tokyo. — AFP

‘Oman Celebrates’ national campaign attracts record participation

Underscoring its success, 1,574 retail outlets participated in the month-long national campaign

Domestic mail volumes rise to 4.38m in 2025: TRA

TRA officials addressing the media on Tuesday.
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