Muscat: The Sultanate of Oman and the Republic of Sudan today signed a memorandum of understanding (MoU) to enhance cooperation in the fields of transport, logistics, railways, ports, and maritime affairs. The MoU also covers training and the exchange…
Muscat: The Ministry of Energy and Minerals signed a concession agreement today for Block 80 with OQ Exploration and Production (OQEP) – Musandam Offshore and Turkish Petroleum Overseas Company Limited (TPOC). This agreement is part of the Ministry’s …
Vienna: The first direct flight of SalamAir, the low-cost carrier of the Sultanate of Oman, arrived today at Vienna International Airport in the Republic of Austria. This arrival marks the inauguration of the first direct air route connecting the two …
New york: The dollar extended its rally to hit its strongest level in 13 months against a basket of major currencies today, as investors sought shelter from a sell-off in technology stocks and braced for Federal Reserve rate hikes.
According to Oman…
Muscat: The Ministry of Commerce, Industry and Investment Promotion held a meeting today at the Ministry’s headquarters with a number of exporting Omani companies. The meeting sought to enhance partnership with exporters in a manner that contributes t…
Muscat: Gold prices fell today as the dollar strengthened to its highest level in more than a year on expectations of US interest rate hikes, while investors weighed conflicting signals from US-Iran negotiations. Spot gold declined 0.5 percent to $4,0…
