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Monday, May 25, 2026 | Dhu al-hijjah 7, 1447 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI
Business

Sembcorp’s energy portfolio in Oman climbs to 1.1 GW

Sembcorp’s Dhofar II Wind Project is slated for commercial launch in Q3 2027.

Crackdown on hidden trade intensifies in Oman

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

Markets shrug off war, pushing record highs

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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

Sohar Port integrates hydrogen, carbon capture into energy transition drive

Sohar Port aims to develop a 100 MW electrolysis project for industrial decarbonisation and future exports.

Oil extends gains, stocks drop as peace talk hopes fade

A specialist works at the Airankol oil field operated by Caspiy Neft in the Atyrau region, Kazakhstan. — Reuters

Five things to know about DeepSeek

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Oil extends gains, stocks sink as peace talk hopes fade

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Oman-based MEG backs $500m digital energy infrastructure platform

Global data centre investment alone is projected to reach approximately $1.1 trillion by 2029

Government drives localisation of Oman’s fisheries sector

Oman is participating with a unified national pavilion at the Seafood Expo Global event

Asyad Shipping bolsters dry bulk shipping segment

Asyad Shipping's owned Dry Bulk fleet of 16 vessels will be the largest in the region (Picture for illustration only)

Oman awards fourth A’Sharqiyah mining concession

Eng Salim bin Nasser al Aufi, Minister of Energy and Minerals, during the signing of the mining concession agreement for area 25-B in North A’Sharqiyah.

Oil tops $100 as Hormuz fears hit global stocks

TSMC stock prices at the Taiwan Stock Exchange in Taipei. REUTERS

China’s global EV push reflects ambition and pressure at home

New China-built electric vehicles of the company Xpeng are seen parked in the port of Zeebrugge.

SpaceX conquered the stars, now eyes bigger opportunity in AI

Tesla Cybertrucks are parked outside of a SpaceX installation as the company . REUTERS
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Eid al Adha holidays announced in Oman MoL urges employers to advance payment of May salary HM issues three Royal Decrees Sharjah waives toll fees for trucks from Oman
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