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The Latest Breaking News from Sultanate

Omani, Iranian FMs Discuss Regional Developments

Iranian Foreign Minister Hossein Amir Abdollahian has held consultations with his Omani counterpart, Sayyid Badr Albusaidi, in Muscat, before heading to Beirut to meet with Lebanese politicians. Abdollahian arrived on Tuesday in the Sultanate on an official visit to hold regional consultations and bilateral talks, according to the Iranian Ministry…

Asharq Al-Awsat

Al-Jaber Visits Sanaa to Discuss Reaching Comprehensive Political Solution in Yemen

Saudi Arabia’s ambassador to Yemen Mohammed Al-Jaber said on Monday his visit to Sanaa aims to stabilize the truce and ceasefire, support the prisoner exchange process, and explore dialogue prospects between the Yemeni components to reach a sustainable and comprehensive political solution. “Continuing the Kingdom’s efforts to end the Yemeni…

Asharq Al-Awsat

S&P Revises Oman’s Outlook to ‘Positive’

S&P Global Ratings has revised Oman’s outlook to positive and affirmed its ratings at 'BB', in light of improving fiscal performance. S&P said in its credit rating report on the Sultanate issued Saturday, that the revised outlook came as a result of the reform measures undertaken by the government in…

Asharq Al-Awsat

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Tehran Announces Prisoner Swap Deal, Washington Denies

The 9th session of the Strategic Consultation Committee between the Sultanate of Oman and Iran was held in Muscat on Sunday in light of reports saying Tehran is exerting efforts to activate contacts with Washington for the return of indirect negotiations on the nuclear file. Also on Sunday, Iran announced…

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Saudi Arabia, Oman Agree to Maintain Coordination over Regional Issues

Saudi Arabia and Oman said on Monday they were determined to hold the first meeting of their coordination council during 2023. Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah and his Omani counterpart Badr Albusaidi held consultative talks in Muscat on Monday aimed at tackling regional challenges and ways…

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Upcoming Large Economic Projects to Link Saudi Arabia, Oman

Abdulsalam Al Murshidi, the executive president of the largest sovereign wealth fund of the Sultanate of Oman, has affirmed that economic ties between Oman and Saudi Arabia have taken great strides towards integration and strengthening the partnership between the two countries. “What happened during the past two years, specifically after…

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Saudi Arabia, Oman Hold Talks on Bolstering Cooperation

Oman’s Foreign Minister Badr Albusaidi received in Muscat on Thursday Saudi Minister of Commerce and acting Minister of Media Dr. Majid al-Qasabi. They discussed bilateral relations between their countries and aspects of cooperation in various fields. They tackled means to bolster cooperation, most notably in trade and investment. They also…

Asharq Al-Awsat

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Lenderking Discusses Peace Efforts in Yemen with Omani Officials

US Special Envoy for Yemen Tim Lenderking held talks with Omani officials in Muscat efforts to support peace in neighboring Yemen. He held talks with Sheikh Khalifa Ali Al Harthy, Undersecretary of the Foreign Ministry for Diplomatic Affairs, reported the Sultanate’s state news agency (ONA). They reviewed efforts to help…

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Oman, Bahrain Forge Security, Economic Agreements

Bahrain and the Sultanate of Oman signed a set of agreements that included cooperation in the field of security, maritime transport, ports and investment promotion. Oman’s Sultan Haitham bin Tariq arrived in Bahrain on Monday, on a two-day official visit. He was received by King Hamad bin Isa Al Khalifa…

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UAE, Oman Discuss Boosting Relations

UAE President Sheikh Mohamed bin Zayed Al Nahyan said the longstanding ties between UAE and Oman are characterized by a shared social and cultural fabric based on deep bonds of brotherly relations between the two nations. Shiekh Mohammed arrived in Muscat Tuesday, marking the start of a two-day state visit…

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Fitch Upgrades Oman Tourism Sector Outlook

Fitch Solutions upgraded its positive forecast for Oman’s tourism sector recovery during 2022 and 2023 with an expected stronger growth during the mid-term forecasts period 2024- 2026. Fitch Solutions Agency highlighted the remarkable recovery of the tourism sector in the Sultanate starting from the fourth quarter of 2021. The report…

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Oman Plans to Prepay $1.33 Bn Loans

Oman's public revenues increased 49.9 percent by the end of May 2022, compared to the same period in 2021, to reach $13.8 billion compared to $9.2 billion in May last year. Oman is planning to pay off $1.33 billion of financing this month ahead of its due date, the first…

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Saudi King Sends Written Message to Sultan of Oman

The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, has sent a written message to Oman’s Sultan Haitham bin Tariq on aspects of fraternal coordination and cooperation between the two countries, the Saudi Press Agency reported on Tuesday. The message was delivered by the Saudi Ambassador…

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Oman, Tanzaina Set up Joint Investment Fund

Oman and Tanzania have set up a mutual investment fund that aims to invest in several sectors, including agriculture, fishing and mining, the Sultanate's Foreign Minister, Badr al-Busaidi, announced on Monday. Busaidi expected the volume of bilateral trade exchange to increase in the future as both countries have signed several…

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Oman Assumes Presidency of Asia-Pacific Group at UN

The Sultanate of Oman has officially assumed the presidency of the Asia-Pacific Group at the United Nations at a ceremony organized in New York. Oman’s permanent representative to the UN, Ambassador Dr. Muhammad bin Awadh Al-Hassan, expressed willingness to lead the Group, which includes 55 member states. He stressed the…

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Oman Welcomes British Nationals Released by Iran

Oman announced that the two British nationals, who were released by Iran on Wednesday, had arrived in the Sultanate. British-Iranian aid worker Nazanin Zaghari-Ratcliffe and dual national Anousheh Ashouri left Iran on Wednesday, ending years of detention, after the UK government paid its $530 million debt to Tehran, Iranian state…

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Saudi, Omani Interior Ministers Tour Empty Quarter Crossing

Saudi Interior Minister Prince Abdulaziz bin Saud bin Naif, and his Omani counterpart Hamoud bin Faisal Al Busaidi, toured on Monday the Empty Quarter border checkpoint, connecting the Kingdom and Sultanate. The new crossing cuts the distance between Saudi Arabia and Oman by about 800 km, therefore, creating trade and…

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