Rare Marine Species Discovered off the Coast of Masirah Island with the aid of Omani Diver

Rare Marine Species Discovered off the Coast of Masirah Island with the aid of Omani Diver

An newbie diver from Oman, Nasser Salim Mohammed Al Farsi, has made an first-rate discovery of a unprecedented fish species whilst diving near Masirah Island. The fish, identified as Spottobrotula mossambica or the “noticed sea snake of Mozambique,” become noticed four kilometers off the island’s eastern coast. This unexpected find highlights the biodiversity of Oman’s…

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Oman Receives International Recognition for Anti-Money Laundering Efforts

Oman Receives International Recognition for Anti-Money Laundering Efforts

Oman has been officially diagnosed through the Financial Action Task Force (FATF) for its first rate compliance with worldwide standards on anti-money laundering (AML) and counter-terrorism financing (CTF). The country’s achievements in retaining sturdy structures and frameworks to fight economic crimes have earned it praise in the 2024 FATF mutual assessment report, released these days….

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Oman and Türkiye Strengthen Economic Ties at twelfth Joint Committee Session

Oman and Türkiye Strengthen Economic Ties at 12th Joint Committee Session

On December 19, 2024, the twelfth consultation of the Omani-Turkish Joint Committee became held in Muscat, marking every other vast step in the developing partnership between the Sultanate of Oman and the Republic of Türkiye. The session, aimed toward discussing regions of funding and monetary cooperation, was co-chaired by using Qais Mohammed Al Yousef, Oman’s…

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Oman Investment Authority’s Strategic Move into Artificial Intelligence with Investment in xAI

Oman Investment Authority’s Strategic Move into Artificial Intelligence with Investment in xAI

In a strategic push to diversify its investment portfolio and give a boost to its presence in excessive-growth sectors, the Oman Investment Authority (OIA) has introduced its modern investment in xAI, a main American artificial intelligence business enterprise founded via Elon Musk. This move is part of OIA’s ongoing efforts to position itself at the…

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Oman Strengthens Relations with EU, UK, and Switzerland at Annual Meeting

Oman Strengthens Relations with EU, UK, and Switzerland at Annual Meeting

Oman’s Foreign Ministry held its annual assembly with ambassadors from the European Union (EU), the UK (UK), and Switzerland on Tuesday. Chaired through Sayyid Badr Hamad Al Busaidi, the Minister of Foreign Affairs, the assembly focused on fortifying strategic partnerships and enhancing cooperation in approaches that promote mutual pursuits and sustainable improvement. The dialogue addressed…

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Oman Reviews National Program for Private Sector and Foreign Trade Development

Oman Reviews National Program for Private Sector and Foreign Trade Development

Oman’s Ministry of Commerce, Industry, and Investment Promotion currently held a great meeting to review and speak the ongoing development of the National Program for Private Sector and Foreign Trade Development, known as “Nazdaher.” The meeting, chaired via Khalid Hilal Al Maawali, Chairman of the Shura Council, and attended with the aid of various stakeholders,…

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