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Day: May 3, 2026

UK Permits Airlines to Merge Flights in Bid to Cut Jet Fuel Use

London: Britain has allowed airlines to consolidate passengers from different flights onto fewer aircraft under temporary measures designed to reduce jet fuel consumption, the Department for Transport announced. The new rules permit merging flights on…

Net Electricity Production in Oman Increases by 15.6 Percent

Muscat: Preliminary data issued by the National Centre for Statistics and Information (NCSI) revealed a significant acceleration in the growth of the electricity sector in the Sultanate of Oman by the end of March 2026. Total production jumped by 16 p…

Vehicle Assembly Centre Established at Khazaen Economic City

Muscat: Khazaen Economic City today signed an agreement with Chinese firm Spruce Group to establish an advanced centre for assembling and producing vehicles in Oman.

According to Oman News Agency, the step reflects Khazaen City’s appeal to foreign i…

MSX 30 Index Sees Minor Decline Amid Reduced Trading Activity

Muscat: Muscat Stock Exchange “MSX 30” index closed at 8,360.87 points today, down by 8.6 points, or 0.10 percent, from the previous session’s close of 8,369.48 points. Trading value fell to RO 77,512,786, a decrease of 12.4 percent from RO 88,510,079…

Electricity Tariffs Reduced for Residential Use

Muscat: The Authority for Public Services Regulation (APSR) has announced the implementation of reductions on electricity tariffs for residential use for a single basic account during the summer of 2026, spanning the period from May to August. The Aut…