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Gulf shipping traffic down after Saudi tanker attack
NEW DELHI: Shipping traffic through the Strait of Hormuz and the Bab-el-Mandeb strait, the key maritime chokepoints in the Gulf,…
Strong economic backdrop gives new PM ‘room to manoeuvre’
The writer is our foreign correspondent based in the UK.Andy Burnham took office of UK prime minister against the third-strongest…
Hormuz disruption hits energy, fertilizer, industrial trade: UN
Disruption in the Strait of Hormuz has exposed the vulnerability of global trade to a single maritime chokepoint, with early…
Al Ashkarah Waterfront 76% complete, boosts South Sharqiyah’s investment drive
The South Sharqiyah Governorate is proceeding with the implementation of a package of waterfront projects, representing one of the most…
Toyota to post its 5th straight profit drop
Toyota is forecast to post a fifth straight quarterly operating profit decline this week, hit by weaker vehicle sales and…
Oman seen backing OPEC+ output strategy
Oman is expected to support a cautious, phased approach to future oil production increases as OPEC+ prepares for a key…
Oil slumps on hopes of Iran deal
Oil prices skidded, and stocks wobbled on Monday as hopes of a peace deal in the Middle East grew, while…
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Oman Climbs to Ninth Place Globally in Customs Clearance Performance, World Bank Reports
Oman has taken place around the world for customs clearance efficiency, which is one of the best results the country has had in global trade…
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