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Wednesday, June 24, 2026 | Muharram 8, 1448 H
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Economy

Duqm Port gains strategic importance in global trade routes: CEO

MUSCAT, JUNE 23 At a time when the global trade landscape is rapidly evolving and the need for secure, flexible logistics corridors is becoming increasingly critical, the Port of Duqm is emerging as one of the most...

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

Mistral defends military AI, expands data centres

French AI developer Mistral's co-founders: (from L) Chief Technical Officer Timothee Lacroix, CEO Arthur Mensch and Chief Science Officer Guillaume Lample address the opening keynote of Mistral's 'AI Now Summit' event at the Carrousel du Louvre in Paris. — AFP

One in six young Britons risk joblessness trap, report warns

People walk past colourful signposts in the financial and business district of Canary Wharf, in London. — Reuters

IMF approves $695m for crisis-hit Sri Lanka

This is the latest tranche in Sri Lanka's four-year $3 billion bailout.

Hong Kong now world’s top cross border wealth hub

A general view of skyline buildings, in Hong Kong, China. — Reuters

Samsung pay deal marks seismic change for South Korea

Samsung Electronics’ labour union members chant slogans during a protest in Pyeongtaek, South Korea. — Reuters

Oman’s food security system tested by regional tensions

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OIA achieves 10-fold ROI in US-based Crusoe

Crusoe’s valuation has reached nearly $10 billion.

Suhar Industrial City attracts RO 105 million in new projects

Total cumulative investment in the industrial city has now reached RO 2.3 billion.

Galfar Launches Artificial Intelligence Asphalt Paving

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Agreement signed for premium roseoil project in Al Jabal Al Akhdhar

Executives representing the three partners at the agreement signing

Barceló signs agreement for new hotel project

The signing marks a significant step in the brand’s expansion

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Asyad affirms commitment to sustainable logistics systems

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New platforms to advance Oman’s Net Zero goals

A number of agreements were signed with specialised companies to begin implementing energy efficiency projects in government buildings.

Rikan signs MoUs to boost social investment in Oman’s energy sector

The pacts aim to enhance cooperation in knowledge sharing, data integration and the efficiency of social investment.
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