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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

Asian markets rise on AI optimism boost

AI optimism lifts Asian Markets as chip stocks surge

Inspire Oman, new initiative to boost investment scenario launched

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Concession pact for Block 80 signed

The agreement was signed by Eng Salim bin Nasser al Aufi, Mahmoud bin Salim al Hashmi, and Cagri Sirin.

Oman launches RO 5m community solar programme

The programme will support the development of community solar projects with a combined generation capacity of around 20 megawatts.

Oman and Sudan boost ports ties

The two sides discussed opportunities to expand cooperation in transport, ports and logistics services.

‘Inspire Oman’ initiative to showcase success stories, attract investment

Representatives of OCCI and Mefriend at the press briefing.

Duqm Port gains strategic importance in global trade routes: CEO

Port of Duqm occupies a specialised niche within the wider GCC logistics ecosystem.

Oman clears over RO 1.7 billion in payments to private sector

Oman has been working to strengthen public financial management and reduce payment cycles.

Oman awards RO 73.4 million in development works

The largest package, valued at RO 15.6 million, covers the completion of remaining works on the Sultan Turki bin Said road.

Transport, storage sector adds RO 2.3 billion to economy

Commercial ports handled more than 143 million tonnes of cargo during the year.

Conference showcases supply chain solutions

The conference aims to raise institutional awareness of the importance of building effective risk management systems and enhancing business continuity.

Franchise model to drive Omani SME expansion

The Franchise Programme, in its new iteration, aims to develop 26 Omani brands.

Oman marks World Accreditation Day with commitment to quality standards

Around 202 conformity assessment bodies were registered by the Oman Accreditation Centre during the first half of 2026.

Oman’s development spending rises 38% to accelerate project delivery

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Oman tax, fee revenue hits RO 2.1bn in 2025

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