Oman has announced through a Royal Decree that it will establish region’s first Starlight Reserve in Dakhliyah governorate. The reserve will be a boon for astronomy lovers as well as people who want to bask under a starlit sky far from any light pollution.
Oman, South Korea explore areas of technical, industrial avenues
Muscat: The State Council Chairman, Dr. Yahya bin Mahfoudh Al Mantheri received Ahn Gyu-Back, Chairman of the National Defence Committee from the Democratic Party of Korea in the Korean National Assembly and his accompanying delegation on Tuesday as part of his current official visit to the Sultanate.
Oman’s Crude production crossed 29mn barrels in April
Muscat: The Sultanate’s crude oil and condensates production stood at more than 29,000,000 barrels during April 2019, according to the monthly report issued by the Ministry of Oil and Gas.
Royal Decree establishes new credit rating agency in Oman
Muscat: Oman will now have a body that will be in charge of rating individual credit history, according to a new Royal Decree. This means that all information related to a person or company’s loans, delays and defaults will be in one place.
Expat management roles targeted for Omanisation
Muscat: Expatriates who work in senior management roles in Oman may be affected by the Ministry of Manpower’s extension of its visa ban on certain occupations in the country, as the Sultanate continues to push its Omanisation policy forward.
Oman’s Foreign Direct Investment crosses OMR 9 billion
Muscat: Oman’s Foreign Direct Investment rose to OMR 9,736,900,000 in the second quarter of 2018. According to a report by the Public Authority for Investment Promotion and Export Development (Ithraa), the foreign direct investment in Oman crossed OMR 9 billion in the second quarter of 2018.
Iran’s Rouhani warns of greater hardship than war years of 1980s
Iran’s president, Hassan Rouhani, has called for unity among political factions to overcome conditions that he said may be harder than those during the 1980s war with Iraq, state media reported, as the country faces tightening US sanctions.
Volunteer group distributes iftar meals for togetherness
Started with an aim to reduce the use of plastics and promote the spirit of love, tolerance and appreciation, Fahaddath Voluntary Group has launched the Ramadan initiative under the slogan ‘Fahaddath Huban’ (Speak love).
How US steel manufacturing is being affected by the tariff hike on China
The U.S. and China are launching into another round of trade talks. The current tariffs have one U.S. manufacturer facing a double whammy. CNBC’s Contessa Brewer brings us that story from Northbridge, MA.
Will China use its US$1.2 trillion of US debt as firepower to fight the trade war?
Fears among investors and analysts on how escalating tensions will unravel continue to rise after the US raised tariffs on Friday.