The Latest Breaking News from Sultanate of 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…

Britain's maritime agency said a drone circled a ship in the Gulf of Oman on Friday. The Maritime Trade Operations (UKMTO) said the incident took place about 50 miles southwest of Muscat, according to Reuters. Earlier on Tuesday, an attack took place on an oil tanker off the coast of…

Oman's Sultan Haitham bin Tariq Al Said arrived on Monday in Bahrain on a two-day official visit. His visit comes at the invitation of Bahrain's King Hamad Bin Issa Al-Khalifah. The talks between the two officials are set to tackle cooperation at various levels between the two countries, and the…

South Korea and the Gulf Cooperation Council (GCC) will kick off the fourth round of official talks for a bilateral free trade agreement (FTA) in Seoul on Monday, said Seoul's Ministry of Trade, Industry and Energy. The South Korean Yonhap news agency reported that the four-day talks will resume after…

The Kingdom of Saudi Arabia and the Sultanate of Oman signed on Thursday a Memorandum of Understanding (MoU) to build relations of partnership and integration in order to achieve the strategic goals of the two countries on food and water security, the Saudi Press Agency reported. The MoU was co-signed…

Nordic American Tanker Ltd (NYSE:NAT) has concluded two six-year Time Charters for two Suezmax newbuildings for delivery in May and June this year. The company's contracts with ASYAD Shipping Company will commence upon delivery of the two NAT suezmaxes from the shipyard in South Korea. The time charter rates concluded will secure a…