Latest news with #MUSCAT
Observer
2 hours ago
- Business
- Observer
Oman oil price reaches $70.52 per barrel
MUSCAT: The official price of Oman oil for September delivery on Wednesday reached $70.52. The price of Oman oil decreased by 18 cents compared to Tuesday's price of $70.70. The monthly average price of Omani crude oil for July delivery reached $63.62 per barrel, a decrease of $4.25 compared to the price for June delivery. Meanwhile, international oil prices fell for the fourth consecutive session on Wednesday, as investors assessed trade developments including a US tariff deal with Japan ahead of a US stocks data announcement. Brent crude futures were down 50 cents, or 0.7%, at $68.05 a barrel as of 11:19 GMT. US West Texas Intermediate crude futures were down 47 cents, or 0.7%, at $64.78 per barrel. Both benchmarks lost about 1% in the previous session after the EU said it was considering countermeasures against US tariffs. US President Donald Trump said on Tuesday that the US and Japan had struck a trade deal that included a 15% tariff on US imports from Japan. 'The slide (in prices) of the past three sessions appears to have abated but I don't expect much of an upward impetus from news of the US-Japan trade deal as the hurdles and delays being reported in talks with the EU and China will remain a drag on sentiment', said an analyst. — Agencies MUSCAT: The official price of Oman oil for September delivery on Wednesday reached $70.52. The price of Oman oil decreased by 18 cents compared to Tuesday's price of $70.70. The monthly average price of Omani crude oil for July delivery reached $63.62 per barrel, a decrease of $4.25 compared to the price for June delivery. Meanwhile, international oil prices fell for the fourth consecutive session on Wednesday, as investors assessed trade developments including a US tariff deal with Japan ahead of a US stocks data announcement. Brent crude futures were down 50 cents, or 0.7%, at $68.05 a barrel as of 11:19 GMT. US West Texas Intermediate crude futures were down 47 cents, or 0.7%, at $64.78 per barrel. Both benchmarks lost about 1% in the previous session after the EU said it was considering countermeasures against US tariffs. US President Donald Trump said on Tuesday that the US and Japan had struck a trade deal that included a 15% tariff on US imports from Japan. 'The slide (in prices) of the past three sessions appears to have abated but I don't expect much of an upward impetus from news of the US-Japan trade deal as the hurdles and delays being reported in talks with the EU and China will remain a drag on sentiment', said an analyst. — Agencies
Observer
19 hours ago
- Business
- Observer
Oman oil price reaches $70.52 per barrelOman oil price reaches $70.52 per barrel
MUSCAT: The official price of Oman oil for September delivery on Wednesday reached $70.52. The price of Oman oil decreased by 18 cents compared to Tuesday's price of $70.70. The monthly average price of Omani crude oil for July delivery reached $63.62 per barrel, a decrease of $4.25 compared to the price for June delivery. Meanwhile, international oil prices fell for the fourth consecutive session on Wednesday, as investors assessed trade developments including a US tariff deal with Japan ahead of a US stocks data announcement. Brent crude futures were down 50 cents, or 0.7%, at $68.05 a barrel as of 11:19 GMT. US West Texas Intermediate crude futures were down 47 cents, or 0.7%, at $64.78 per barrel. Both benchmarks lost about 1% in the previous session after the EU said it was considering countermeasures against US tariffs. US President Donald Trump said on Tuesday that the US and Japan had struck a trade deal that included a 15% tariff on US imports from Japan. 'The slide (in prices) of the past three sessions appears to have abated but I don't expect much of an upward impetus from news of the US-Japan trade deal as the hurdles and delays being reported in talks with the EU and China will remain a drag on sentiment', said an analyst. — Agencies MUSCAT: The official price of Oman oil for September delivery on Wednesday reached $70.52. The price of Oman oil decreased by 18 cents compared to Tuesday's price of $70.70. The monthly average price of Omani crude oil for July delivery reached $63.62 per barrel, a decrease of $4.25 compared to the price for June delivery. Meanwhile, international oil prices fell for the fourth consecutive session on Wednesday, as investors assessed trade developments including a US tariff deal with Japan ahead of a US stocks data announcement. Brent crude futures were down 50 cents, or 0.7%, at $68.05 a barrel as of 11:19 GMT. US West Texas Intermediate crude futures were down 47 cents, or 0.7%, at $64.78 per barrel. Both benchmarks lost about 1% in the previous session after the EU said it was considering countermeasures against US tariffs. US President Donald Trump said on Tuesday that the US and Japan had struck a trade deal that included a 15% tariff on US imports from Japan. 'The slide (in prices) of the past three sessions appears to have abated but I don't expect much of an upward impetus from news of the US-Japan trade deal as the hurdles and delays being reported in talks with the EU and China will remain a drag on sentiment', said an analyst. — Agencies
Observer
2 days ago
- Business
- Observer
Khuta launches new career tools to guide youths
MUSCAT: The National Employment Programme has unveiled a second package of services on the 'Khuta Career Guidance Platform,' Oman's first national digital platform dedicated to career counselling. The new package includes a range of smart features aimed at enriching the career guidance journey. These tools are designed to help users shape career paths aligned with both their personal aspirations and the evolving demands of the job market. Among the most notable additions is the 'Study Plan' service, targeted particularly at Grade 10 students. It offers them a structured approach to exploring future academic tracks, allowing them to choose study paths based on their interests, strengths, and university requirements. Another key feature is the 'Entrepreneurial Traits Assessment,' a science-based tool. It enables students to assess their entrepreneurial potential by analysing their behavioural traits and attitudes. The platform also now includes the 'Khuta AI Assistant,' which uses data analytics to suggest career and academic options suited to each user's profile—further personalising the guidance experience. In a significant move towards inclusivity, Khuta has launched the 'Career Interests Assessment for Visually Impaired Individuals'—a first-of-its-kind initiative in Oman. This tool supports visually impaired users in discovering suitable academic and career pathways based on their capabilities and interests. These developments mark a major step forward in strengthening Oman's career guidance ecosystem, offering youth the tools and insights they need to make well-informed decisions about their futures. The initiative also supports Oman Vision 2040, which prioritises the development of a knowledge-based economy and the sustainable growth of the national workforce. The expanded services form part of a broader strategy to equip young Omanis with the skills required for the jobs of tomorrow, support digital transformation, and enable them to respond to economic shifts with confidence. Since its launch, the Khuta platform has signed up for over 26,300 users by the end of June 2025. It currently hosts 861 academic programmes, 263 professional certificates, and 100 training courses—offered through partnerships with platforms such as Coursera—benefiting more than 2,465 young Omanis. Dr Badr Hamood al Kharousi, Advisor and Head of Capacity Building at the National Employment Programme and General Supervisor of the platform, underscored the central role of career guidance in aligning educational outcomes with market requirements. He highlighted Khuta as a successful model of cross-sector collaboration, developed with support from the Ministry of Education, Ministry of Labour, government institutions, and private sector partners. The platform's impact has also been recognised internationally. The World Economic Forum's January 2025 Skills Report cited Khuta for its contribution to empowering youth with future-focused competencies. — ONA
Washington Post
15-07-2025
- Sport
- Washington Post
Oman hires Carlos Queiroz as coach in push for World Cup qualification
MUSCAT, Oman — Oman hired Carlos Queiroz as its national-team coach Tuesday ahead of autumn games that will determine if the country advances to the World Cup for the first time. The veteran Portuguese tactician led Iran into the 2014 and 2018 World Cups and will take over with immediate effect.
Zawya
15-07-2025
- Business
- Zawya
BankDhofar unveils campaign for a branding uplift under the slogan 'Innovation inspired by you"
MUSCAT: BankDhofar, the second largest bank by branch network size in Oman , has unveiled a campaign for a branding uplift under the slogan 'Innovation inspired by you", this is not just a slogan, but a way of working, We innovate today from your world, to create a financial future closer to you. More than just a change in look and feel, the brand uplift reflects BankDhofar's evolution into a forward-thinking financial partner, deeply attuned to the aspirations of its customers—individuals, entrepreneurs, and institutions alike. At the heart of this transformation lies a simple but powerful insight: true innovation begins with understanding people. The campaign emphasizes BankDhofar's commitment to listening, learning, and adapting to the ever-changing needs of its customers. By putting people at the center, the bank aims to design products and services that are not only innovative but also meaningful, intuitive, and transformative—helping customers achieve their financial goals at every stage of life. Said Juma Al Busaidi, Head of Marketing & Corporate Communication at BankDhofar said, At BankDhofar, what we offer is not just traditional banking services and products, but a true reflection of our customers' aspirations. He added : 'We always start from the market Where we analyze and study people's needs, monitor their changes, and learn from their experiences. From there, We design our services and products with them, not just for them. Because we believe that the best innovations begin with a deep understanding of our customers' worlds. Our 'Innovation inspired by you" campaign is not just a slogan, it's a way of working. We innovate today from your world, to create a financial future closer to you'. Under its new brand vision—to be Oman's most trusted, innovative, and inclusive financial partner—BankDhofar is adopting a global mindset while staying rooted in Omani values. The bank seeks to make banking simple, personal, and built for the future, offering a human-centric approach grounded in trust, empathy, and digital excellence. Far more than a cosmetic change, the brand uplift characterizes as a fundamental transformation in the bank's identity and approach. The shift reflects a move away from traditional service provision toward becoming a trusted partner in customers' financial journeys. From intuitive digital platforms to personalized financial guidance, the brand uplift is designed to offer seamless, secure, and empowering experiences—whether customers are managing everyday finances, scaling their businesses, or planning for the long term. A key part of this transformation is integrating cutting-edge technology with personalized service to create truly tailored banking experiences. Internally, the rebranding effort is aligning teams, processes, and customer touchpoints with the bank's values and long-term goals. The objective is to create a cohesive and emotionally resonant brand experience that strengthens relationships and builds long-term loyalty. As part of a broader strategic vision, BankDhofar is positioning itself as a catalyst for sustainable economic growth, digital transformation, and inclusive prosperity in Oman. The bank's purpose is clear: to empower people and businesses through trusted, innovative financial solutions that contribute to national progress. With the unveiling of its new brand uplift , BankDhofar signals the start of a new chapter—one that redefines what banking can and should be in the modern era. As it looks ahead, the bank remains steadfast in its commitment to sustainable growth, digital innovation, and putting people first in everything it does.
