Read the latest news from regional and global sources, presenting different voices and perspectives.
Oman inks development agreements at OPEC Fund’s Development Forum in Vienna
The Arabian Stories
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June 18, 2025
VIENNA :The Sultanate of Oman’s delegation is headed by His Excellency Abdullah bin Salem bin Abdullah Al Harthy, Undersecretary of the Ministry of Finance. The 2025 Forum tackles four high-impact themes: financing development, climate resilience,...
Oman to have centre of excellence for semiconductors
Zawya
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Muscat – The Ministry of Transport, Communications and Information Technology (MTCIT) has invited bids for consultancy services to help develop a national semiconductor ecosystem in Oman, including plans for a Centre of Excellence for...
Shipping braces as US weighs entering the Israel-Iran conflict
Splash 247
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June 18, 2025
With indications coming from Washington that Donald Trump is willing to join Israel in its attack on Iran, the situation in Middle Eastern waters remains highly tense Israel’s conflict with Iran is into its sixth day, with the New York Times...
Shipping in 'watch-and-see' mode as tanker rates surge on Middle East routes
Riviera
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June 18, 2025
However, market sources point out the current rise in rates remains moderate compared with surges observed during past regional conflicts. “No one is clear on the impact of the situation, so we are in watch-and-see mode,” chief executive of pool...
Oman's ministry signs agreements to develop National Capabilities in the Industrial Sector
Zawya
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Muscat: In a significant step to enhance partnerships with both the public and private sectors and empower national talent in the industrial sector, the Ministry of Commerce, Industry and Investment Promotion (MoCIIP) signed a series of agreements...
Oman: IGC prioritises local growth, clean energy in gas strategy
Zawya
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MUSCAT - “Oman’s gas is a national asset — and we manage it with that responsibility in mind,” said Abdulrahman al Yahyaei, CEO of Integrated Gas Company (IGC), as he outlined the company’s strategy to ensure natural gas drives both industrial...
Oman Green hydrogen: Treasure to global energy markets
Zawya
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With abundant solar radiation, expansive wind corridors, promising government policies, and world-class port infrastructure, Oman offers an unrivaled combination of natural and logistical assets. As the global pursuit of carbon neutrality...
Porsche Centre Oman and Shell Oman to expand EV charging infrastructure in Oman
Times of Oman
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Muscat: Porsche Centre Oman, SATA L.L.C., has announced a partnership with Shell Oman Marketing Company (Shell Oman) to significantly increase the roll-out of electric vehicle (EV) chargers across Oman. The agreement will see at least eight...
Scientists spot a mysterious 'ghost plume' in Oman - and it suggests Earth's core could be LEAKING
Daily Mail
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June 18, 2025
A mysterious 'ghost plume' has been spotted beneath eastern Oman. Emanating from the Earth's core, this hot pillar of soft rock is pushing upwards from 410 miles (660km) beneath the planet's surface. Until now, the ghost plume was hidden because...
UAE rescues 24 crew members from oil tanker following collision in Gulf of Oman
TVC News Nigeria
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June 18, 2025
The United Arab Emirates (UAE) evacuated 24 crew members from an oil tanker after it collided with another vessel in the Gulf of Oman on Tuesday. The Emirati National Guard announced in a statement that it “carried out an evacuation mission...
Yergin: The next 3-5 days will be critical for the global energy markets if Israel and Iran have a significant development.
World Energy News - Connecticut
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The next three to five day developments in the Iran-Israel conflict will be crucial for global energy markets, even though the Gulf oil and gas supply has not been interrupted yet. This was the view of oil historian Daniel Yergin on Wednesday....
German industry stumbles as China surges ahead
The Arabian Stories
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June 18, 2025
MUNICH : According to the German Federal Statistical Office, Germany’s exports fell by 1.7% year-on-year in 2024, reaching approximately €1.65 trillion ($1.9 trillion). In sharp contrast, Chinese exports rose by 7.1% during the same period,...
Oman: Dialogue highlights SMEs role in boosting the economy
Zawya
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MUSCAT: In a move to strengthen collaboration and integration with key stakeholders, the Authority for Small and Medium Enterprises Development (ASMED) held its 15th dialogue session focused on enhancing opportunities for SMEs in the retail,...
The Energy Report: Operation Rising Lion and Operation Rising Prices
Investing
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June 17, 2025
Israel’s military operation against Iran’s nuclear proliferation is called ”Operation Rising Lion” but they can also call it “Operation Rising Oil Prices” as it no doubt has impacted the price of energy. Despite wild predictions of what may have...
Collision between tankers in Sea of Oman caused by navigational error
Bangkok Post
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June 18, 2025
No injuries or any spillage were reported PUBLISHED : 18 Jun 2025 at 14:28 DUBAI — The United Arab Emirates' (UAE) energy ministry said a collision between two oil tankers near the Strait of Hormuz was likely caused by a navigational misjudgement...
Collision between two ships in Sea of Oman caused by a navigational error, UAE energy ministry says
The Gazette - Colorado
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DUBAI (Reuters) -An accidental collision between two oil tankers in the Sea of Oman, indicates that the incident was caused by a navigational misjudgment by one of the vessels, the UAE's energy ministry said on Wednesday, citing preliminary...
EJAAD strengthens industry-academia ties with RO 7 million R&D to empower knowledge economy
The Arabian Stories
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June 18, 2025
Muscat: The report was shared during the first-of-its-kind forum that brought together leaders from the academic and industrial sectors under one roof, hosted by the Ministry of Higher Education, Scientific Research and Innovation. The initiative...
Israel-Iran developments in next 3-5 days critical for global energy markets, Yergin says
Zawya
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KUALA LUMPUR: Developments in the Iran-Israel conflict in the next three to five days will be critical to global energy markets even though oil and gas supplies from the Gulf have not yet been disrupted, oil historian Daniel Yergin said on...
GS Inima secures financing to build Oman PV plant
MEED
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June 18, 2025
The Spanish water treatment company is the owner-operator of the Barka 5 independent water project Become a MEED subscriber for unlimited access to: Exclusive news, comment and analysis on the MENA region An unrivalled 20-year old archive...
Oman sees sharp rise in premium fuel exports
Oman Observer
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June 17, 2025
MUSCAT: Refinery production in the Sultanate of Oman recorded a marginal decline of 0.1% by the end of April 2025, according to preliminary data released by the National Centre for Statistics and Information (NCSI). Despite this minor decrease,...