The Abu Dhabi investment company ADQ has launched a $180 million tech-focused fund along with the Oman Investment Authority, represented by the ITHCA Group. This deal is part of a broader framewo...
$67 Million Is Invested In Omani Startups By A Saudi Fund
AgreementThe Saudi Fund for Development (SFD) in Oman signed a $67 million (Dh246 million) deal with the Oman Development Bank to enhance the employment of Omani youths.
The agreement will help fin...
April 24, 20240121Category: Oman
ADQ Launches $180m Tech Fund Along With The Oman Investment Authority
The Abu Dhabi investment company ADQ has launched a $180 million tech-focused fund along with the Oman Investment Authority, represented by the ITHCA Group. This deal is part of a broader framewo...
April 23, 20240235Category: Oman
Herculean Omanis Rescue Camel Buried In Sand After Devastating Floods
A camel found itself trapped in the sand after severe floods that swept through Oman, as captured in a widely circulated video.
The footage depicts a group of young men digging tirelessly to free t...
April 23, 20240171Category: Oman
Oman Will Experience Varied Weather Conditions In The Coming Days
Oman is set to experience varied weather conditions in the coming days, according to the latest forecasts.
Meteorologists predict the formation of low clouds and fog along the Arabian Sea coast dur...
April 23, 20240178Category: Weather
Oman Braces For Heavy Rainfall Impact After 19 Deaths
Oman is in the middle of severe weather challenges as the National Multi-Hazards Early Warning Centre forecast that the current atmospheric conditions will peak on Tuesday, April 16.
According to A...
April 16, 20240297Category: Weather
Oman Rains And Flash Floods Kill 19, Including 12 Children
The death toll in heavy rains and flash floods in Oman rose to 19 with the recovery of the bodies of four individuals, including a student, who have been missing since Sunday.
Among the four d...
April 16, 20240340Category: Weather
In 2024, Oman Will Debut Electric Cars
Oman’s electric car maker Mays will debut the first locally manufactured model Alive 1 by the end of this year.
The five-seater will cost USD38,964 (Dh143,000) and can last 510km on a single ...
April 16, 20240463Category: Oman
90 Expats Arrested For Labour Law Violations And Theft In Oman
Royal Oman Police arrested 90 expats in the North Al Sharqiyah and Dhofar Governorates for violating labour laws and theft.
The Royal Oman Police announced on social media that the North Al Sharqiy...
April 16, 20240250Category: Crime News
Inflation Stabilizes In Oman
Inflation stabilised in Oman during February, propping up the economy on a stronger footing for the rest of the year.
The inflation rate in February, recorded at 105.3, eased from 1.8 per cent last...
March 20, 20240390Category: Oman
