Author: Steven Sahiounie

NEW YORK – U.S. stocks rallied and crude oil prices rebounded after upbeat economic data on Friday as investors positioned themselves ahead of the long U.S. Memorial Day weekend and the unofficial start to summer.

The agreement allows the designated airlines of both contracting parties to operate unlimited and unrestricted traffic rights for both passenger and cargo flights

The GCC also succeeded in enhancing its regional and international role, becoming a key partner in achieving international peace and stability, he noted

The bodies of five miners have been recovered from the Hillo artisanal mine, and another three people were unaccounted for, regional commissioner Paul Rotich told Reuters ISIOLO, Kenya – At least five people were killed and several others were missing after an informal gold mine collapsed in northern Kenya, officials and local media said. The bodies of five miners have been recovered from the Hillo artisanal mine, and another three people were unaccounted for, regional commissioner Paul Rotich told Reuters by telephone late on Friday. “Reports from rescuers, police and our chiefs suggest at (least) eight casual miners were inside…

This partnership will form a significant step for launching a series of major projects through the establishment of a Jordanian-Omani investment company in the targeted sectors: official

Muscat: International ratings agency Fitch Ratings has affirmed the Sultanate of Oman’s Long-Term Issuer Default Rating (IDR) at ‘BB+’ with a stable outlook

The change in rating reflects, “increased predictability of policies and decision-making processes affecting non-government issuers given institutional improvements,” the ratings agency said

MUSCAT – The UAE’s tourism sector contributed AED220 billion to the GDP in 2023, accounting for 11.7 percent of the overall economy, This upward trend is expected to continue in 2024, with projections indicating the sector will reach AED236 billion and account for an even greater share of the GDP at 12 percent.

Iraqi President Abdul Latif Rashid has arrived in the Iranian capital Tehran to pay tribute to late President Ebrahim Raeisi and his companions, who lost their lives in a helicopter crash last week. The airplane of Rashid and his accompanying delegation landed at Tehran’s International Mehrabad Airport on Saturday morning. Iraqi President ’s visit to Tehran with the aim of conveying his country’s condolences over the Iranian president’s passing came a few days after Iraqi Prime Minister Mohammed Shia’ al-Sudani visited Tehran to meet with Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei and attend the funeral procession of Raeisi and…

South Africa Friday evening welcomed the International Court of Justice (ICJ) ruling that ordered Israel to halt its offensive on Rafah. “I believe it’s a much stronger, in terms of wording, set of provisional measures, very clear call for a cessation,” Foreign Minister Naledi Pandor told public broadcaster SABC. Following South Africa’s plea, the ICJ has ruled in a 13-2 vote that Israel must immediately halt its military offensive and any other action in Rafah and open the Rafah border crossing to allow the entry of humanitarian aid to the blockaded Strip. The ICJ also ordered Israel to “ensure the…