Latest news with #AlBusaidi
Yahoo
23-05-2025
- Business
- Yahoo
US, Iran say they're moving closer to nuclear deal after fifth round of talks
Both the U.S. and Iran indicated Friday that the two countries are moving closer to reaching a new deal regarding Tehran's expanding nuclear program. Omani Foreign Minister Badr bin Hamad Al Busaidi, who is the acting mediator, said the fifth round of talks in Rome ended with 'some but not conclusive progress.' 'We hope to clarify the remaining issues in the coming days, to allow us to proceed towards the common goal of reaching a sustainable and honourable agreement,' Al Busaidi wrote on social platform X after the Friday meeting. Both President Trump's Middle East envoy Steve Witkoff and the State Department's policy planning director Michael Anton, who oversees the U.S. technical team, participated in both direct and indirect discussions during the more than two-hour meeting, according to a senior U.S. administration official, who spoke on condition of anonymity to describe internal deliberations. 'The talks continue to be constructive — we made further progress, but there is still work to be done. Both sides agreed to meet again in the near future,' the U.S. official added. 'We are grateful to our Omani partners for their continued facilitation.' Iranian Foreign Minister Abbas Araghchi told Tehran's media that Al Busaidi outlined a few ideas to bring the two sides closer during the meeting but that the deliberations are 'too complex' to be resolved in 'just two or three meetings.' 'I am hopeful that in the next one or two rounds — especially given the better understanding of the Islamic Republic's positions — we can reach solutions that allow the talks to progress,' Araghchi said. This is the fifth meeting between Iranian and U.S. officials. Three rounds of talks have taken place in Muscat, Oman, while just one other, aside from Friday's meeting, has taken place in Rome. The two sides continue to be at odds over nuclear enrichment. Iran has said it would only enter into another deal with the U.S. if it is still allowed to have domestic enrichment capabilities, something Washington disagrees with. The discussions are intended to limit Tehran's nuclear program. In return, the U.S. would lift sanctions on the Middle Eastern country. Trump has previously threatened to take military action against Iran if talks crumble. Israel, the U.S.'s ally in the Middle East, has also threatened to strike Iran's nuclear sites. With their stockpile of uranium, Iran's top officials have indicated they could pursue the development of a nuclear weapon. 'Iran almost certainly is not producing nuclear weapons, but Iran has undertaken activities in recent years that better position it to produce them, if it chooses to do so,' a 45-page report published earlier this month by the Defense Intelligence Agency (DIA) said. The DIA said in the report that since 2019, Iran has conducted activities that 'exceed' previous limits set by the 2015 Obama administration-negotiated deal, 'including increasing the size and enrichment levels of its uranium stockpile, producing small quantities of uranium metal, restricting International Atomic Energy Agency monitoring to pre-[Joint Comprehensive Plan of Action] levels, and expanding uranium enrichment at its Fordow Fuel Enrichment Plant.' Trump pulled the U.S. out of the joint plan in 2018 during his first term in the White House. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.


Iraqi News
21-05-2025
- Politics
- Iraqi News
Omani Foreign Minister: Fifth Round of Iran-US Talks to Be Held in Rome
Omani Foreign Minister Badr bin Hamad bin Hamoud Al Busaidi announced on Wednesday that the Italian capital, Rome, will host the fifth round of Iran-US talks next Friday. Al Busaidi said in press statements, followed by the Iraqi News Agency (INA), that "the fifth round of Iran-US talks will be held in Rome." He added, "The date for the talks is next Friday."


Times of Oman
06-04-2025
- Business
- Times of Oman
Sayyid Theyazin inaugurates Oman's pavilion at Expo 2025 Osaka
Osaka: HH Sayyid Theyazin bin Haitham Al Said, Minister of Culture, Sports and Youth, on Sunday opened the Sultanate of Oman's pavilion at Expo 2025 Osaka, Japan, which runs until 13 October. The pavilion, themed "Enduring Ties", focuses on three main elements: people, land and water. The Sultanate of Oman's pavilion at Expo 2025 Osaka comprises six sub-themes: communication and interaction, tourism, investment opportunities, cultural identity, international relations and partnerships—all of which are aligned with the strategic objectives of Oman Vision 2040. HH Sayyid Theyazin affirmed that the Sultanate of Oman's participation in Expo 2025 Osaka, Japan, constitutes an extension of Oman's commitment to communicate with the peoples of the world, with whom it has interacted historically and culturally and with whom it has maintained cultural dialogue to this day. HH Sayyid Theyazin told Oman News Agency (ONA) that the pavilion's design is inspired by the innovative spirit of Omani youth, adding that the design of the pavilion is one of the outcomes of the Bilarab bin Haitham Award for Architectural Design and that its content reveals the core components of authentic Omani identity. 'We were keen to have the pavilion reflect the Sultanate of Oman's identity and showcase the country's centuries-old history through the pavilion, which serves as a bright window that showcases our values and cultural heritage to the rest of the world,' he explained. HH Sayyid Theyazin underlined the importance of the Sultanate of Oman's participation in this global event, highlighting the country's role as a link between the world's regions and consolidating its contribution to the values of international understanding and cooperation. 'Our presence here at Expo 2025 Osaka affirms our commitment to share our vision and experiences with the world in addressing global challenges and in working together for a better future,' he said. HH Sayyid Theyazin valued the sincere national efforts made to implement Oman's pavilion. He extended his thanks to everyone who contributed to the realization of the vision of the pavilion, which, he added, represents the Sultanate of Oman as a people and land. Meanwhile, Sayyid Said bin Sultan Al Busaidi, Undersecretary of the Ministry of Culture, Sports and Youth for Culture (Commissioner-General of the Sultanate of Oman Pavilion at Expo 2025 Osaka), said that the pavilion presents a collection of written productions in Japanese that introduce the Sultanate of Oman through various historical, cultural, economic and commercial aspects. Al Busaidi pointed out that the programme of the pavilion includes various events planned to be held over a period of six months aimed to achieve widespread exposure on the Japanese side. Al Busaidi added that the Sultanate of Oman is the 8th country to obtain final approval to open the pavilion from among the participating countries. He credited this achievement to Omani youth, noting that the pavilion's message "Enduring Ties" represents the Omani spirit that upholds the values of peace, harmony and communication. Dr. Mohammed bin Said Al Busaidi, Ambassador of the Sultanate of Oman to Japan, said that Oman's participation in Expo 2025 Osaka will place the country in a prominent position in Japan and that the event will be an opportunity to highlight Oman's investment opportunities and the major leap achieved over the past few years. Dr. Mohammed pointed out that the volume of trade exchange between the Sultanate of Oman and Japan is experiencing steadily growth, evidenced by a 7 percent rise in 2024, with the stage set for further growth, given major Japanese interest to invest in the Sultanate of Oman. Faisal bin Abdullah Al Rowas, Chairman of Oman Chamber of Commerce and Industry (OCCI), explained that the Sultanate of Oman's participation in Expo 2025 Osaka, Japan, represents an ideal opportunity to achieve many strategic gains. The gains, he said, range from interaction with various countries around the world, to enhancing cultural exchange and promoting the Sultanate of Oman's most important commercial and investment potentials, in line with Oman Vision 2040. In a statement to Oman News Agency (ONA), Al Rowas said that this event serves as a global platform for showcasing the inspiring innovations and experiences of government and private institutions in a manner that contributes to strengthening the Sultanate of Oman's position as a gateway to various international markets. The opening of the Sultanate of Oman's pavilion at Expo 2025 Osaka was attended by Qais bin Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion (Deputy Chairman of the Main Committee supervising the Sultanate of Oman's participation in the Expo), Prince Badr bin Abdullah Al Saud, Minister of Culture in the Kingdom of Saudi Arabia and a number of CEOs of Omani companies, businessmen, and a Japanese officials.


Muscat Daily
05-03-2025
- General
- Muscat Daily
Omani exhibition in Russia draws over 400,000 visitors
By OUR CORRESPONDENT St Petersburg, Russia – The second exhibition within the Oman Hall Initiative at the State Hermitage Museum in St. Petersburg, titled The Omani Empire between Asia and Africa, attracted 414,481 visitors between December 2023 and January 2025. Visitors from around the world expressed admiration for the unique museum collections, which showcased Oman's rich history and its influence as a maritime empire. The exhibition featured 28 artefacts from the Al Yaruba and Al Busaidi periods, highlighting Oman's role in connecting the Arabian Peninsula, West Asia, and East Africa from the 17th to the 19th century. Following the success of the first Oman Hall exhibition, inaugurated on 2 June 2021, this latest edition reaffirmed the strong cultural ties between Oman's National Museum and the State Hermitage Museum. The State Hermitage Museum, one of the world's largest and oldest museums, houses over three million masterpieces and welcomes around 5.3 million visitors annually. The State Hermitage Museum


Zawya
18-02-2025
- Business
- Zawya
Oman's liquid hydrogen export project gains traction with feasibility progress
MUSCAT: Oman's plans to establish itself as a key exporter of liquefied hydrogen (LH2) are advancing, with feasibility studies confirming the project's viability. Speaking at the World Hydrogen MENA Congress in Dubai last week, Rumaitha al Busaidi, Business and ICV Development Manager at Hydrom, reaffirmed the country's commitment to developing a full-fledged liquid hydrogen supply chain to serve European markets. "We think liquid hydrogen can work, it is feasible," Al Busaidi stated, emphasising that Oman is on track to become one of the world's top green hydrogen producers by 2030. The project, spearheaded by Hydrom — the orchestrator of Oman's green hydrogen sector — in collaboration with the Ministry of Energy and Minerals, Athens-based Ecolog, and German power company EnBW, is expected to create a seamless export route from Oman to the Port of Amsterdam. BUILDING THE HYDROGEN CORRIDOR The initiative builds on the Joint Study Agreement (JSA) signed during COP28 in 2023, which brought together Oman, the Port of Amsterdam, Zenith Energy Terminals, and GasLog to explore the development of a liquid hydrogen export chain. The planned liquefaction facility in Duqm will process hydrogen at -253°C, allowing it to be transported via specialised Ecolog vessels with a capacity of 2,000 tonnes per shipment. Once in Amsterdam, the hydrogen will be either regasified and supplied to German industries via pipeline or distributed in its liquefied form via trucks within the Netherlands. The Port of Amsterdam's hydrogen terminal will also serve a dual role, including the export of captured CO₂ from European industries back to Oman for potential utilisation or sequestration. INSIGHTS FROM GH2 INVESTOR DAY Oman's hydrogen ambitions were previously highlighted at the GH2 Investor Day in December last year, where Al Busaidi and Ellen Ruhotas, Head of Hydrogen Midstream at Ecolog, provided an in-depth look into the project's development. They stressed the importance of bridging the midstream gap between strong hydrogen producers like Oman and growing demand centers in Europe. "The journey actually started when two nations... looked at each other and said we need to come up with a way of how we actually make this a reality," Al Busaidi said, emphasising the mutual interest between Oman and the Netherlands. The event also underscored the project's engineering complexity, particularly in scaling up liquefaction and shipping technologies to support a commercial hydrogen market. Ruhotas compared the initiative to the early days of the LNG industry, pointing out that commercialising LH2 exports requires overcoming technical challenges such as boil-off losses during shipping. She emphasized that Oman's approach covers the entire value chain, ensuring efficiency and cost-effectiveness. ENGINEERING AND MARKET CHALLENGES The project targets industries that are difficult to electrify, such as brick and glass manufacturing, data centres, and food processing facilities, where demand for green hydrogen is rising. Minimising hydrogen losses during transport remains a key challenge, as unlike LNG, hydrogen's low density makes efficient shipping more complex. Despite these hurdles, feasibility studies indicate strong commercial potential, and Europe's demand for clean hydrogen continues to grow. Al Busaidi emphasised that the full hydrogen value chain—from production to liquefaction, transport, and 2022 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. (