Latest news with #MuscatMediaGroup


Zawya
9 hours ago
- Climate
- Zawya
Oman: Temperature crosses 50 degrees in Muscat governorate
Muscat: The Sultanate of Oman is continuing to swelter in the summer heat, according to data released by the Civil Aviation Authority's Meteorological Stations. Wilayat of Barka registered the highest temperature over the past 24 hours at 50.7°C. © Muscat Media Group Provided by SyndiGate Media Inc. (


Zawya
3 days ago
- Business
- Zawya
Oman's central bank issues treasury bills worth $57mln
Muscat: Oman's central bank raised OMR22 million by way of allotting treasury bills on Monday. The value of the treasury bills are for a maturity period of 91 days. The average accepted price reached OMR98.933 for every OMR100, and the minimum accepted price arrived at OMR98.930 per OMR100. The average discount rate and the average yield reached 4.27900% and 4.32514%, respectively. Treasury Bills are short-term highly secured financial instruments issued by the Ministry of Finance, and they provide licensed commercial banks the opportunity to invest their surplus funds. The Central Bank of Oman (CBO) acts as the Issue Manager and provides theadded advantage of ready liquidity through discounting and repurchase facilities (Repo). It may be noted that the interest rate on the Repo operations with CBO is 5.00% while the discount rate on the Treasury Bills Discounting Facility with CBO is 5.50%. Furthermore, Treasury Bills promote the local money market by creating a benchmark yield curve for short-term interest rates. Additionally, the Government may also resort to this instrument whenever felt necessary for financing its recurrent expenditures. © Muscat Media Group Provided by SyndiGate Media Inc. (


Zawya
4 days ago
- General
- Zawya
Oman: EA dealing with oil spill in Salalah, Dhofar Governorate
Muscat: The Environment Authority (EA), is dealing with an oil spill on a beach in Salalah, Dhofar Governorate. The Environment Authority received reports of an oil spill on a beach in Salalah, Dhofar Governorate. Subsequently, the Authority began field surveys of the affected areas, in preparation for cleanup operations in coordination with relevant authorities. "The Authority confirms that it is closely monitoring the situation in cooperation with the relevant authorities to complete verification procedures for the source of this oil and take the necessary environmental and regulatory measures in this regard," a statement said. © Muscat Media Group Provided by SyndiGate Media Inc. (


Times of Oman
12-07-2025
- Business
- Times of Oman
Shabiba's Jawa'iz Basma to honour exceptional social impact initiatives and achievers
Muscat: Muscat Media Group, in partnership with Gulf Leaders Circle, has launched Shabiba Jawa'iz Basma 2025, a pioneering initiative dedicated to recognising outstanding contributions to the social, environmental and economic well-being of communities across the Sultanate. The awards presentation event will take place on 17th September at St. Regis Al Mouj Muscat Resort, bringing together leaders from government, business and civil society. The awards will felicitate initiatives, organisations and individuals that have made a significant impact in areas such as sustainability, environmental protection, youth engagement, women's empowerment, financial inclusion, SME development and more. With over 20 diverse award categories, the initiative aligns with the goals of Oman Vision 2040, promoting inclusive growth, public-private collaboration and sustainable development. 'The Shabiba Jawa'iz Basma is more than a celebration,' said Ahmed Essa Al Zedjali, CEO, Muscat Media Group. 'It's a call to action — to honour those who are redefining what it means to create value for society and to inspire others to follow.' Awards will be presented across five major themes — Environmental Impact, Community Well-being, Inclusive Development, Corporate Responsibility and Leadership in Sustainability. Specific categories include Biodiversity Conservation Initiative, Clean Energy Initiative, Community Healthcare Initiative, Women Empowerment Initiative, Financial Inclusion Initiative, SMEs Development, Omanisation Achievement and Social Entrepreneurship. Additionally, awards for Leadership in ESG, Leadership in CSR. Leadership in ICV and Social Impact Leader of the Year will recognize visionary individuals and organizations driving long-term, systemic social development in Oman. The evening will commence with a keynote address titled 'Redefining Success: Embedding Social Impact in Policy, Business and Innovation,' followed by the awards ceremony and a gala dinner. The event promises a distinguished gathering of senior officials, CEOs and leaders in CSR, ESG and ICV from across sectors.


Times of Oman
30-06-2025
- Business
- Times of Oman
Japanese Ambassador visits Muscat Media Group
Muscat: Kiyoshi Serizawa, Ambassador of Japan to the Sultanate of Oman, visited Muscat Media Group (MMG) on Monday as part of his outreach initiative to engage with leading Omani media organisations. The visit follows his recent appointment as Japan's Ambassador to the Sultanate and reflects his commitment to strengthening cultural and media ties between the two nations. The ambassador was received by Mohamed Issa Al Zadjali, Chairman of Muscat Media Group and Editor-in-Chief of Times of Oman along with Ahmed Essa Al Zedjali, Chief Executive Officer of Muscat Media Group and Editor-in-Chief of Al Shabiba, Ali Al Rahbi, Deputy CEO and Director General of Corporate Communications, and Khalid Orabi, Director of Business Development. The ambassador was accompanied by embassy officials. During the meeting, Mohammed Issa Al Zadjali provided an overview of MMG legacy, its diversified media platforms, and its evolution to keep pace with the dynamics of modern journalism. The discussions touched upon the role of media in bridging cultures and enhancing cooperation between Oman and Japan. Ambassador Serizawa expressed his appreciation for the role of media in fostering international dialogue and highlighted the importance he places on engaging with media institutions as part of his diplomatic mission. He noted that media acts as a vital conduit for building mutual understanding and supporting collaborative efforts between friendly nations. Following the meeting, the ambassador was given a guided tour of the MMG facilities, led by Ahmed Essa Al Zedjali. The tour showcased the group's advanced media capabilities, professional teams, and its ongoing innovations in content creation and digital platforms.