News
Over 1.8 million vehicles registered in Oman
9+ hour, 17+ min ago (232+ words) MUSCAT: The total number of vehicles registered in the Sultanate of Oman reached 1,865,499 by the end of February 2026, a 5.5 per cent increase compared to the figure of 1,851,469 registered in the corresponding period of 2025. Data published in the monthly statistical bulletin…...
Expert says Trump's tariff promises are not paying off
2+ day, 13+ hour ago (307+ words) One year after US President Donald Trump announced a sweeping tariff offensive, the strategy behind the measures is failing to deliver, according to US trade policy expert Laura vonDaniels.'For consumers and most businesses in the United States, the tariffs…...
US futures slip on war uncertainty
1+ week, 2+ day ago (400+ words) NEW YORK: US stock index futures fell on Thursday after gains in the previous session, as investors remained cautious over the Middle East conflict and uncertain about prospects for de-escalation.President Donald Trump said Iran was desperate to strike a…...
India’s Growth story faces new risks due to war
1+ week, 5+ day ago (908+ words) Only a few weeks ago, the stars seemed to be aligning for India's economy. An underappreciated component of the momentum was India's deepening ties to the Arab countries of the Persian Gulf. But that advantage is now turning into a…...
China ready to further open up economy
1+ week, 6+ day ago (460+ words) BEIJING: China's number two leader Li Qiang said on Sunday that his country was willing to help expand the global "trade pie" by further opening up, state media reported, while he slammed unilateralism from certain countries. Many of China's key…...
West Asia conflict puts Asian economies on edge
2+ week, 10+ hour ago (446+ words) The Asian region imports roughly 60 per cent of its oil from the Middle East, making global energy supply chains increasingly vulnerable as the conflict escalates. No doubt, the recent strikes on Kharg Island, Iran's major oil export hub, could further…...
Indian rupees continue to slide on energy supplies
2+ week, 5+ day ago (9+ words) Indian rupees continue to slide on energy supplies'Oman Observer...
Digital economy contributes RO 800m to Oman’s GDP
3+ week, 4+ day ago (600+ words) MUSCAT: Oman's digital economy is emerging as a significant driver of economic growth and diversification, with its direct contribution reaching around RO 800 million in 2023, according to a new report issued by the Ministry of Transport, Communications and Information Technology (MoTCIT)....
Oman less exposed to Hormuz blockage, say Moody’s and S&P
1+ mon, 1+ day ago (313+ words) MUSCAT: Oman's strategic location outside the Arabian Gulf and the Strait of Hormuz " currently the focal point of hostilities between Iran and Western powers allied with Israel " is expected to leave it relatively better positioned than its GCC peers in…...
Buy now, pay later: A soft debt trap for the middle class
1+ mon, 6+ day ago (927+ words) My phone needs to be updated; it keeps getting stuck," I said to my son one evening, expecting sympathy rather than advice. He looked at the screen for a moment and replied calmly, Father, this phone is very old. You…...