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Sunday, September 06, 2026 | Rabi' al-awwal 23, 1448 H
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Business

Trump announces deal for huge US stake in Venezuelan oil

The biggest problem for companies to operate in Venezuela is "the safety and security of your investment.

Sanctions impacting economy, says Iran's President

Iran President Masoud Pezeshkian meets with chief of Defence Forces of Pakistan, Field Marshal Asim Munir, in Tehran, Iran, August 24

Venezuela weighs OPEC exit: Reports

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US enters into oil agreement with Venezuela, Trump says

US President Donald Trump and Venezuela's interim President Delcy Rodriguez

Bill Gates warns AI poses a grave threat to jobs and human life

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Future Fund Oman invests in Certares with eye on tourism growth

The investment will see FFO commit RO 38.5 million to Certares, which has a fund size of RO 77 million.

Stocks rise ahead of Fed chair's policy speech

A trader works on the floor of the New York Stock Exchange in New York City, US. - Reuters File

Japan spent record $96 bn in yen interventions

Japan's Finance Minister Satsuki Katayama speaks to the media in Tokyo. - Reuters File

The Gulf oil shock drives EV sales to new heights globally

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Al Buraimi mine boostsOman Chromite expansion

The new operation under Concession Area 11A represents a particularly important breakthrough for Oman Chromite (Picture for illustration).

SalamAir launches Salalah base, adds direct international routes

The low-cost carrier’s Salalah-based operation will initially serve three direct international destinations: Jeddah in Saudi Arabia, Chattogram in Bangladesh, and Calicut in India.

Salalah forum to focus on AI, hydrogen and energy systems

The two-day forum has been organised by the Oman Society of Engineers in strategic partnership with the Ministry of Energy and Minerals.

World stocks steady despite Fed caution

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany. — Reuters

OPEC+ loses oil sway as China gains ground

China's weaker demand for ⁠oil has helped place a ceiling on prices this year.

Oman’s industrial sector enters new growth phase

Oman’s industrial sector shifts toward smart, integrated growth under Industrial Strategy 2040.
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