Trump’s ultimatum spurs U.S.-Iran nuclear deal breakthrough talks in Oman
Iran and the U.S. begin drafting a nuclear deal framework after making progress in indirect talks, raising hopes of de-escalation. Read the full update now. Read More
Magellanic Cloud’s Q3 performance surges with 19.6% PAT growth amid tech expansion
Magellanic Cloud has reinforced its position as a technology-driven innovation leader with an impressive financial performance for the third quarter of fiscal year 2025. The ... Read More
Tata Consultancy Services to transform Muscat Clearing and Depository’s operations with digital solutions
In a strategic move aimed at strengthening Oman’s financial ecosystem, Muscat Clearing and Depository (MCD), the central securities depository of Oman, has partnered with Tata ... Read More
Tragedy at sea! Oil tanker disaster off Oman leaves 16 missing
A major maritime disaster unfolded off the coast of Oman on Monday, as a Comoros-flagged oil tanker, the Prestige Falcon, capsized approximately 25 nautical miles ... Read More
VA TECH WABAG secures major operation and maintenance contract in Oman
VA TECH WABAG (‘WABAG’), a globally renowned Indian multinational specializing in water technology, has announced securing a significant order worth approximately 850 million INR. This ... Read More
Major green hydrogen project advances in Oman with Actis and Fortescue consortium
In a significant move for green energy, a consortium led by Actis, a leader in sustainable infrastructure investments, and Fortescue, a global force in integrated ... Read More
Marsa LNG project : TotalEnergies and OQ announce final investment decision
During a significant meeting in Muscat on April 21st, Patrick Pouyanné, Chairman and CEO of TotalEnergies, together with His Majesty Sultan Haitham bin Tariq Al ... Read More
Larsen & Toubro bags major orders worth Rs 1,000-2,500cr in India and Oman
Larsen & Toubro (L&T), a leading technology, engineering, construction, manufacturing, and financial services conglomerate, has made a significant stride in its global expansion with its ... Read More
TotalEnergies and Oman LNG amend agreement, extending LNG ventures
TotalEnergies has amended its existing partnership with Oman LNG, ensuring the French multinational energy company will maintain its 5.54% stake in the Omani enterprise. The ... Read More
Shell Gas extends partnership with Oman LNG beyond 2024
Shell Gas BV, an affiliate of Shell plc, along with its consortium in the Oman LNG LLC venture, has endorsed an updated shareholders’ pact for ... Read More