Author: ann.admin

Electricity Tariffs Reduced for Residential Use

Muscat: The Authority for Public Services Regulation (APSR) has announced the implementation of reductions on electricity tariffs for residential use for a single basic account during the summer of 2026, spanning the period from May to August. The Aut…

Vehicle Assembly Centre Established at Khazaen Economic City

Muscat: Khazaen Economic City today signed an agreement with Chinese firm Spruce Group to establish an advanced centre for assembling and producing vehicles in Oman.

According to Oman News Agency, the step reflects Khazaen City’s appeal to foreign i…

Oil Prices Jump to Their Highest Level Since March 2022

Muscat: Oil prices today jumped to their highest level in nearly four years, fueled by reports of further disruptions to Middle East supplies. Brent crude futures for June delivery rose more than $8 to $126.09 a barrel, their highest level since March…