author - oman observer

Muscat: Oil prices rose sharply in Asian trade on Monday after OPEC+ said it would delay a planned output hike in December by at least a month, citing recent pressure on prices from weak demand.Oil...

Muscat: OQ Base Industries Corporation (under transformation) will offer up to 49 percent of its shares for an initial public offering (IPO) and list its ordinary shares on the Muscat Stock Exchange...

A sovereign wealth fund (SWF) is a state-owned investment fund made up of money generated by the government, often derived from the country's surplus reserves, typically from resources like...

Muscat: Elon Musk, the CEO of SpaceX and Tesla, has called on sovereign wealth funds to invest in artificial intelligence technologies.He was addressing virtually the largest-ever gathering of the...

Muscat: Nauru, an island country in the southwestern Pacific Ocean is the third smallest country in the world after Vatican City and Monaco.According to Britannica, it is a raised coral island located...

Sur: The Sawari Mural in the Wilayat of Sur which concluded recently in South Al Sharqiyah Governorate was an artistic, a cultural and touristic event that showcased architecture, maritime heritage,...

Muscat: The Public Authority for Special Economic Zones and Free Zones OPAZ has announced a tender for the complementary works project at the fishing port in the Special Economic Zone at Duqm SEZAD,...

Muscat: Seven restaurants and eight other businesses, including barber shops, were closed in Salalah for not adhering to health requirements as part of the efforts made by the Health Control Section...

Muscat: Celebrating Oman Agriculture Day, the Muscat Governorate has unveiled a series of environmental initiatives under the 'Green Muscat' initiative.In partnership with the Muscat Charity Team,...

Muscat - The University of Technology and Applied Sciences (UTAS) in Nizwa and its Community Service team conducted a clean-up drive in Wadi al Muhaideen recently.The initiative was aimed at...

Muscat- The fourth edition of the Namat Competition, an esteemed annual competition celebrating Omani government schools for their outstanding sustainability initiatives, concluded with great...

Muscat: His Highness Sayyid Theyazin bin Haitham al Said, Minister of Culture, Sports, and Youth, will officially open the annual meeting of the International Forum of Sovereign Wealth Funds (IFSWF)...

Muscat - The Sultanate of Oman, represented by the Ministry of Heritage and Tourism, will begin its participation in the World Travel Market 2024 (WTM) exhibition, which will kick off on Tuesday in...

Muscat: The Ministry of Culture, Sports, and Youth (MCSY) has announced the first edition of (Raneen) contemporary art event, which will take place between November 21 and 30 in the historic town of...

Abu Dhabi - Abu Dhabi Airports has announced the full transition of the new state-of-the-art United States Customs and Border Protection (US CBP) facility to Zayed International Airport (AUH).The new...

Resorts World Cruises arrived in Dubai with the Resorts World One commencing her first sailing on November 1, 2024.The 1800-passenger cruise ship departs from the Port Rashid Cruise Terminal 2 in...

Muscat: Gold has recently surged to unprecedented heights, reaching a record high of $2,790. This meteoric rise is a testament to its enduring appeal as a safe-haven asset during times of economic...

Muscat: The 10th round of the Oman-Kuwait Joint Committee was held in Kuwait on Thursday.The Omani side was headed by Sayyid Badr Hamad al Busaidi, Foreign Minister, while the Kuwaiti side was headed...

Muscat Oman Air has earned two of the industry's most coveted awards, becoming one of only 10 airlines in the world to be awarded the prestigious APEX WORLD CLASS by YATES+ award, and the first to...

Muscat: Lt Gen Hasan bin Mohsin al Shraiqi, Inspector General of Police and Customs, presided over the closing ceremony of the Royal Oman Police Light Weapons Shooting Competition on Thursday. The...