The Latest Breaking News from Oman

Other lives: Engineer in the RAF who rose to be a wing commander and later worked as a civilian for the Sultan of Oman’s air force

Between the waterfalls of Al Jabal Al Akhdar and its natural, vibrant slopes, rests an Omani village named “Sawjrah” aged over 450 years. The name of the village was inspired by a type of perennial trees known for their lush shade and long, green leaves that grow in valleys streams…

34-year-old from Thalassery is leading UAE in T20 Asia Cup qualifiers in Oman

The Royal Commission for AlUla (RCU) announces the birth of two Arabian leopard cubs, in a milestone moment for RCU's conservation captive-breeding program. The cubs, now part of our pride of Arabian Leopards, were born in a captive-breeding program at the Arabian Leopard Breeding Center in Taif, Saudi Arabia The…

Global rating agency Fitch Ratings upgraded the long-term foreign currency issuer default rating on Oman to BB from BB-. The outlook on Oman is stable, Fitch said on Monday. The agency said the upgrade "reflects significant improvements in Oman's fiscal metrics, a lessening of external financing pressures and ongoing efforts…

Fitch Solutions upgraded its positive forecast for Oman’s tourism sector recovery during 2022 and 2023 with an expected stronger growth during the mid-term forecasts period 2024- 2026. Fitch Solutions Agency highlighted the remarkable recovery of the tourism sector in the Sultanate starting from the fourth quarter of 2021. The report…

US special envoy to Yemen Tim Lenderking headed to the region to visit Saudi Arabia, Oman, and the UAE starting August 11 within the US efforts to help maintain the UN-mediated Yemeni truce. Lenderking's mission will focus on expanding the truce's benefits to all Yemenis and pave the way for…

KOCHI

The Omani government posted a budget surplus of 784 million rials ($2.04 billion) at the end of the first half of 2022, Oman's state news agency reported on Sunday. The Gulf Arab state's oil revenues increased to 3.187 billion rials by the end of first half, the report added. Public…

Oman’s Rakiza announced that it received a capital commitment of $299 million from the Saudi Public Investment Fund (PIF). Rakiza is a private equity infrastructure fund co-managed by Oman Infrastructure Investment Management (OIM) and Equitix. The fund Rakiza invests in Oman and Saudi Arabia and invests in various sectors, namely…

Oman and the United States are continuing their efforts to extend the nationwide truce in Yemen for a second time. United Nations envoy Hans Grundberg is expected to receive on Tuesday the legitimate government and the Iran-backed Houthi militias’ agreement to the extension. The ceasefire ends on Tuesday. Meanwhile, the…