Read the latest news from regional and global sources, presenting different voices and perspectives.
Oman to set up new poultry slaughterhouse, other industrial projects in Al Mudhaibi
Food Business Africa Magazine
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July 8, 2025
OMAN – A new automated poultry slaughterhouse and a disinfectant production plant are being developed in Al Mudhaibi Industrial City as part of a fresh wave of investments announced. The agreement for the project was signed between Middle East...
Oman: CBO issues treasury bills worth $51mln
Zawya
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Muscat: Oman’s central bank raised OMR20.3 million by way of allotting Treasury Bills on Monday. The value of the allotted Treasury bills include OMR5 million, for a maturity period of 28 days. The average accepted price reached OMR99.700 for...
Oman: New subsea cable enhances regional digital connectivity
Zawya
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MUSCAT: Omantel, Oman’s leading provider of integrated telecommunications services, and du, the prominent UAE-based telecom and digital services provider, have officially announced the activation of the Oman Emirates Gateway (OEG) — a...
Currency Rates in Pakistan Today – US Dollar, Euro, Pound, Dirham and Riyal to PKR – 8 July
Daily Pakistan
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July 8, 2025
KARACHI – Currency market opened today with US Dollar, Euro, and British Pound strengthening against Pakistani Rupee. As per latest rates, US Dollar continues to dominate trading, with a buying rate of Rs285.4 and selling rate of Rs286.5. Euro...
Currency Exchange Rates in Pakistan Today – 8 July 2025
Pakistan Observer
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July 8, 2025
KARACHI – Pakistani rupee has recorded slight fluctuations against various foreign currencies in open market as the buying and selling prices of Euro, Saudi Riyal and UK Pound witnessed slight changes. On July 8, US Dollar’s buying rate stood at...
Naveen Jindal Group eyes December 2028 timeline for phase 1 of Oman green steel plant commissioning
The Hindu Business Line
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July 8, 2025
Artist impression of Duqm project | Photo Credit: Special Arrangement Naveen Jindal-promoted Jindal Steel Duqm — the Oman-based entity — plans to operationalise the first phase of its hydrogen-enabled green steel plant in December 2028. The first...
Jindal Steel Duqm to start Oman-based 5 MTPA green steel plant in 2028
Daily Excelsior
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July 8, 2025
NEW DELHI, July 7: Jindal Steel Duqm, a part of Naveen Jindal Group, aims to start operations at its upcoming 5 million tonnes per annum (MTPA) hydrogen-enabled green steel complex at the Special Economic Zone in Duqm (SEZAD) in Oman by 2028, a...
Terror financing investigations have 'significant holes' globally, report says
The National News
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A majority of countries have significant holes in how they investigate terrorism financing cases, a report has found. The report from the Financial Action Task Force (FATF), a global money laundering watchdog, said that 69 per cent of the 194...
Iran Releases Currency Exchange Rates For July 8
MENAFN
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July 8, 2025
(MENAFN- Trend News Agency) BAKU, Azerbaijan, July 8. The Central Bank of Iran (CBI) has released the official exchange rates for foreign currencies as of July 8, Trend reports. According to the rates announced by the CBI, the value of 41...
From TEDx to KO talks: Knowledge Oman launches new platform
The Arabian Stories
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July 8, 2025
Muscat: Inspired by its successful collaboration as a strategic partner for the recently TEDx event that was held at the iconic Al Zubair Museum, Knowledge Oman is now all geared to create a new initiative that celebrates local thought leaders,...
Iran envoy submits Araghchi's letter to Oman FM
Mehr News Agency
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July 8, 2025
Iran's Ambassador to Oman Mousa Farhang met and held talks with Oman's Foreign Minister Sayyid Badr bin Hamad Albusaidi on Tuesday. During this meeting, Iran's Ambassador presented the Iranian top diplomat's letter regarding the bilateral...
Over RO 4,000 recovered for consumer in Oman’s Al Dakhiliyah through amicable settlement
The Arabian Stories
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July 8, 2025
MUSCAT – The case began when a consumer filed a formal complaint after purchasing a new vehicle for RO 4,300 from a dealership in the governorate. Within just one week of receiving the vehicle, the buyer began noticing technical malfunctions...
SAI dealt with 1,378 complaints of financial and administrative violations
Times of Oman
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Muscat: Sheikh Ghuson bin Hilal Al Alawi, Chairman of State Audit Institution (SAI) has submitted the SAI 2024 Annual Report on the outcomes of its work to His Majesty Sultan Haitham bin Tarik. Throughout the year, SAI dedicated all its resources...
PTT Oil and Retail Business Posts Record Q1 2025 Profit, Extends Regional Growth with ESG-Led Expansion
The Slovenia Times
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July 8, 2025
BANGKOK, THAILAND - Media OutReach Newswire - 8 July 2025 - PTT Oil and Retail Business Public Company Limited (OR), the retail and lifestyle arm of Thailand's PTT Group, reported record earnings for the first quarter of 2025, signaling strong...
Opportunity Oman: Unlocking trade and investment with Indonesia
Oman Observer
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July 7, 2025
The contours of global commerce are being redefined by collaborations among nations in the Global South, forging innovative pathways for mutual growth and development. Within this transformative environment, the Sultanate of Oman and the Republic...
Oman ranked 4th among developing economies in digital FDI
Muscat Daily
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July 7, 2025
Muscat – Oman ranked fourth globally among developing economies in attracting foreign direct investment (FDI) for greenfield projects in information and communications technology infrastructure between 2020 and 2024, according to the World...
Omantel, du announce activation of Oman-UAE submarine cable
Muscat Daily
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July 7, 2025
Muscat – Omantel, the leading provider of integrated telecommunication services in the sultanate and a regional leading telecom and technology provider in the Middle East, has announced the activation of a fibre optic submarine cable system to...
Oman To Impose Fines Up To RO 20,000, Jail Time For Income Tax Defaulters
Gulf Insider
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July 7, 2025
As Oman prepares to implement the Gulf’s first personal income tax in January 2028, authorities have outlined strict enforcement measures, including fines reaching up to RO 20,000 and prison terms for violators. The law, which applies to...
Oman’s trade surplus drops 40% to $4.6bln
Zawya
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Muscat – Oman’s trade surplus fell sharply by 40.4% to RO1.849bn by the end of April this year, compared to RO3.1bn recorded during the same period in 2024, according to preliminary data released by the National Centre for Statistics and...
Oman LNG posts record-breaking production in 2024
Oman Observer
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July 7, 2025
MUSCAT: Majority Omani state-owned Oman LNG achieved a production record of 11.98 million tonnes per annum (MTPA) in 2024 – the highest in its 20-year history, the company announced this week. Revenues earned by the triple-train liquefaction...