Oman Financial News

Piyush Goyal’s visit to Oman this week, the government said Sunday. Goyal will visit Oman from January 27-28 for the 11th Joint Commission Meeting with Qais bin Mohammed bin Moosa al-Yousef, minister of commerce, industry and investment promotion, Oman.

Domestic demand for C&W products remains robust, fuelled by rapid electrification, infrastructure development, and growth in sectors such as power transmission and distribution (T&D), real estate, and transportation. This demand is projected to drive an 11-13% CAGR in the domestic market from FY24 to FY27.

National Centre of Meteorology (NCM). A surface low-pressure system extending from the Southeast will interact with an upper air low-pressure system, accompanied by a cold air mass and strong upper-air winds from the West. This combination is likely to lead to the development of clouds in various parts of the country, with the potential for convective activity at times. Partly cloudy to cloudy conditions are anticipated, with a chance of rainfall at intervals over some coastal areas, islands, and the Northern and Eastern regions.

UAE) and Kuwait at the Dubai International Cricket Stadium, Dubai at 8 pm IST. Oman had become the inaugural champions of the Gulf Cricket T20I Championship after beating UAE by five wickets in the final in September 2023.

Pakistan Hockey Federation (PHF) has been told to secure government clearance before confirming participation in the FIH Junior World Cup scheduled in India at the end of next year. PHF Secretary-General Rana Mujahid said the team would require a No Objection Certificate from the federal government for the national squad to travel for the FIH event to be held in December of 2025. «Normally we have always been permitted by our government to play in major events in India in recent years despite the strained relations between the two countries. But now we have been informed to first get clearance before finalising the team and confirming participation,» he told the media here. The Pakistan junior team was unable to take part in the junior World Cup held in Lucknow in December 2016 after the players were not issued visas because of late submission of applications.

The Trump Organization says it has leased its brand to two new real estate projects in Saudi Arabia just weeks before President-elect Donald Trump returns to the White House

Oman have pushed its partnership in defence, energy, maritime and investment sectors at a high meeting meeting held in New Delhi. The 13th round of the India-Oman Strategic Consultative Group (IOSCG) meeting was held on Tuesday. The meeting was co-chaired by Arun Kumar Chatterjee, Secretary (CPV & OIA), Ministry of External Affairs, and Sheikh Khalifa Alharthy, Undersecretary for Political Affairs, Ministry of Foreign Affairs, Sultanate of Oman. Space is another sector where Oman is interested to collaborate with India. During the meeting, both sides reviewed the entire gamut of bilateral relations, including political and strategic cooperation, trade and investment, energy, maritime and defence partnership, digital collaboration, cultural exchange, and people-to-people ties.

Subscribe to enjoy similar stories. DUBAI—The morning of Nov. 21, Rabbi Zvi Kogan left his home with no signs that anything was wrong.

Subscribe to enjoy similar stories. New Delhi: As state-run NTPC is set start construction of its green hydrogen hub in Andhra Pradesh by the end of the month, the company is in talks with possible buyers of the green molecule. NTPC is in talks with Japan's EPC major Toyo Engineering Corp.

online job scam, losing Rs 11 lakh after being duped by fraudsters who claimed that he would get a job at an Oman university. The victim reported the incident to the Cyber Cell in North East Delhi, prompting authorities to launch an investigation into the matter. The scam began in May 2024 when the man received an unsolicited email from what appeared to be a legitimate recruitment firm.

«All our FTAs, whether it is with the EU or UK, all are progressing as per the schedule,» the official said. In the coming weeks, a bilateral meeting is scheduled between the commerce secretary and the Director-General of the European Union to take stock of the negotiations for the proposed trade agreement with the European Union.

Donald Trump and several of his allies have continued to engage with the most powerful and wealthy Gulf countries, forging multi-million dollar business deals and engaging in quiet, behind-the-scenes diplomacy.

Saudi Arabia and allied oil producing countries say they will postpone a plan to gradually increase oil output until the end of the year

Subscribe to enjoy similar stories. NEW YORK—Twenty-five stories above Fifth Avenue in his sun-streaked corner office, Eric Trump talks about dazzling hotels and golf resorts in Oman and Indonesia, and a freshly signed development deal in Vietnam. Plans for Israel are on hold, given the war in Gaza, but “we’re going into Israel in a big way in the future." What happens if his father returns to the White House? “It’s too early to tell," said the second-born son of Donald Trump who helms the Trump Organization.

standard operating procedure (SOP) for negotiating its free trade agreements (FTA) and address new issues — labour, environment, digital services, gender and indigenous peoples and has temporarily paused some new trade pacts. Officials said a review of India’s trade pact with the UAE in two years after it came into force and a rise in sustainability measures being imposed by the US and the EU, have led the government to develop a new FTA strategy. These guidelines will be based on reciprocity and stronger rules of origin to prevent Chinese products entering India by misusing any of the trade pacts. “The SOPs are almost ready and we will go to Cabinet for its approval,” said an official. The SOPs assume significance as India is negotiating trade pacts with the UK, the EU, Peru, Oman, Chile and a comprehensive trade deal with Australia.

Indian Navy and the Royal Navy of Oman recently concluded their bilateral naval exercise, 'Naseem Al Bahr' off the coast of Goa. The exercise lasted from October 13 to October 18. The Indian Navy highlighted the details of the naval exercise on the social media platform, X. https://x.com/indiannavy/status/1846497469431214142/photo/3

Iran said Monday it currently sees «no grounds» for its indirect talks with the United States via intermediary Oman, citing the crisis in the Middle East. In June, Tehran said it had engaged in indirect talks with Washington via Muscat, despite the two countries having no diplomatic relations. US news website Axios reported at the time that officials from Iran and the United States held indirect talks in Oman «on how to avoid escalating regional attacks».

business setup and support services startup Arnifi has executed over 100 setups globally with USD 1.6 million annual recurring revenue within six months of operations, according to a statement The startup launched its operations this year and has expanded its presence to global markets including the US, Singapore and the UAE. Within six months of operations, Arnifi has executed more than 100 setups with USD 1.6 million annual recurring revenue, the company said in a statement. «Arnifi offers comprehensive support to both entrepreneurs and established companies. In fact, our top 10 clients are unicorns. With over 70 clients, we recently crossed a 1 million dollars,» startups founder Manu Midha said.

An Omani state-run oil and gas company says it will make an initial public offering of its exploration and production business, potentially seeking billions in a major move toward privatization in the sultanate