Timeofgulf

Oman Strengthens Clean Energy and EV Investments During China Visit

JEDDAH: Oman is accelerating efforts to boost its industrial sector and attract high-value, technology-driven investments through an official delegation visit to China. The delegation, led by Saleh Said Masan, undersecretary for commerce and industry at Oman’s Ministry of Commerce, Industry and Investment Promotion, toured several major Chinese manufacturing facilities. The visits aim to enhance bilateral…

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Gulf States Voice Support for Yemen’s Government Amid Rising Regional Tensions

LONDON: Gulf and Arab nations have issued coordinated statements reaffirming their support for Yemen’s internationally recognized government and stressing the importance of regional security, following the withdrawal of Emirati forces from the country. The diplomatic responses came after air operations by the coalition backing Yemen’s government targeted what was described as a shipment of weapons…

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Saudi Program Identifies 165 Native Plant Species for Afforestation in Asir Region

Saudi Arabia’s National Afforestation Program has identified more than 165 native plant species suitable for afforestation projects in the Asir region, underscoring the area’s rich environmental diversity and its role in the Kingdom’s long-term sustainability strategy. The initiative forms part of national efforts to increase vegetation cover, reduce land degradation, and support environmental objectives aligned…

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Oman unveils 2026–2030 SME plan as fiscal position strengthens

Oman has launched a five-year plan to expand its small and medium-sized enterprise (SME) sector, aiming to boost private-sector growth while consolidating recent fiscal gains and maintaining its newly restored investment-grade status. The 2026–2030 SME Sector Implementation Plan, announced by the Small and Medium Enterprises Development Authority (Riyada), seeks to improve market access, enhance SME…

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Saudi Arabia to lead $500bn wave of GCC debt maturities over next five years, says report

Saudi Arabia and the UAE are expected to drive a significant surge in Gulf Cooperation Council (GCC) debt maturities over the next five years, with total regional maturities projected to reach $500 billion, according to a recent analysis by Kamco Invest. The report estimates that Saudi Arabia’s fixed-income maturities will total $174.5 billion between 2026…

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