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Press Releases

Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Global Business Times Oman.

OPEC+ Fast-Tracks August Oil Production

OPEC+ Fast-Tracks August Oil Production

(MENAFN) OPEC and its partner nations, collectively referred to as OPEC+, revealed on Saturday their plan to raise oil production by 548,000 barrels per day (bpd) in August—an accelerated increase compared to July’s 411,000 bpd rise. This move...

Tunisia, Oman Forge New Cooperation Deal Across Key Sectors

Tunisia, Oman Forge New Cooperation Deal Across Key Sectors

(MENAFN) Tunisia and Oman have forged a new collaborative agreement aimed at strengthening ties across multiple sectors, according to a state-run news agency on Wednesday. The declaration came during a press conference in Tunis, attended by...

Paraxylene Market Volume to Hit 96.40 Million Tons by 2034 Say Towards chem and Materials

Paraxylene Market Volume to Hit 96.40 Million Tons by 2034 Say Towards chem and Materials

Ottawa, July 08, 2025 (GLOBE NEWSWIRE) -- According to a new Research Report, the global market volume of paraxylene was approximately 62.60 million tons in 2024 and is expected to reach almost 96.40 million tons by 2034, growing at a CAGR of...

Omani FM reports cancelation of US-Iran nuclear discussions

Omani FM reports cancelation of US-Iran nuclear discussions

(MENAFN) Oman's Foreign Minister, Sayyid Badr bin Hamad bin Hamood Albusaidi, announced on Saturday that the planned sixth round of nuclear negotiations between the United States and Iran, originally set for Sunday, has been called off. Sharing...

Egypt, Oman Demand Peace Talks Amid Rising Middle East Tensions

Egypt, Oman Demand Peace Talks Amid Rising Middle East Tensions

(MENAFN) In a phone call on Sunday, Egyptian President Abdel-Fattah al-Sisi and Oman's Sultan Haitham bin Tariq Al Said exchanged views on the escalating tensions in the Middle East, focusing particularly on Iran and Gaza. The Egyptian leader...

Oman Reports Cancellation of Iran, US Nuclear Talks

Oman Reports Cancellation of Iran, US Nuclear Talks

(MENAFN) The anticipated sixth session of nuclear negotiations between Iran and the United States, originally set for this Sunday in Muscat, has been canceled, according to a confirmation from Oman's foreign minister on Saturday. Badr Albusaidi...

Russia, Oman Hold Talks to Address Israel-Iran Conflict

Russia, Oman Hold Talks to Address Israel-Iran Conflict

(MENAFN) Russian Foreign Minister Sergey Lavrov engaged in a phone conversation with Oman’s Foreign Minister Badr bin Hamad al-Busaidi on Wednesday to address escalating tensions in the Middle East sparked by Israel’s recent large-scale military...

[Latest] Global Low-carbon Methanol Market Size/Share Worth USD 27.7 Billion by 2034 at a 34.7% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth Rate, Value, SWOT Analysis)

[Latest] Global Low-carbon Methanol Market Size/Share Worth USD 27.7 Billion by 2034 at a 34.7% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth Rate, Value, SWOT Analysis)

Austin, TX, USA, July 08, 2025 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Low-carbon Methanol Market Size, Trends and Insights By Type (Biomethanol, E-Methanol), By Production Route (Power to Methanol,...

Chinese FM discuses Iran-Israel conflict with Omani FM

Chinese FM discuses Iran-Israel conflict with Omani FM

(MENAFN) Chinese Foreign Minister Wang Yi criticized Israel’s recent military strike on Iran during a phone discussion with Omani Foreign Minister Sayyid Badr bin Hamad bin Hamood Albusaidi, stating it violated international law and Iran’s...

Chinese Foreign Minister, Omani Counterpart Hold Talks on Israel-Iran conflict

Chinese Foreign Minister, Omani Counterpart Hold Talks on Israel-Iran conflict

(MENAFN) During a Wednesday phone call with Omani Foreign Minister Sayyid Badr bin Hamad bin Hamood Albusaidi, Chinese Foreign Minister Wang Yi condemned Israel’s recent assault on Iran, declaring it a breach of international law and norms, a...

Kenyan MP states Russia nothing like media stereotype

Kenyan MP states Russia nothing like media stereotype

(MENAFN) Kenyan Member of Parliament Catherine Omanyo has criticized the predominantly negative portrayal of Russia in the media and called for a more balanced understanding of the country. Speaking during the 28th St. Petersburg International...

Oilfield Services Market Set to Witness Significant Growth by 2025-2032 | Oil States Industries, Nine Energy Service

Oilfield Services Market Set to Witness Significant Growth by 2025-2032 | Oil States Industries, Nine Energy Service

Global oilfield services market is estimated to be valued at USD 138.70 .0 Bn in 2025 and is expected to reach USD 176.59 Bn by 2032 BURLINGAME, CA, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- The latest research study released by...

Greenpeace MENA on Gulf of Oman oil spill: Swift intervention needed to prevent environmental disaster

Greenpeace MENA on Gulf of Oman oil spill: Swift intervention needed to prevent environmental disaster

BEIRUT, LEBANON, June 19, 2025 /⁨EINPresswire.com⁩/ -- Greenpeace Middle East and North Africa (MENA) has warned of a potential environmental disaster after two crude oil tankers collided between Iran and the United Arab Emirates on Tuesday....

UAE Conducts Rescue of Seafarers in Oman

UAE Conducts Rescue of Seafarers in Oman

(MENAFN) The United Arab Emirates (UAE) extracted 24 seafarers from an oil carrier on Tuesday after it collided with another ship in the Gulf of Oman. In an announcement, the Emirati National Guard reported that it “carried out an evacuation...

Erdogan Holds Phone Call with Omani Sultan Over Iran-Israel conflict

Erdogan Holds Phone Call with Omani Sultan Over Iran-Israel conflict

(MENAFN) Turkish President Recep Tayyip Erdogan engaged in a phone discussion on Sunday with Omani Sultan Haitham bin Tariq bin Taimur Al Said, focusing on the intensifying conflict between Israel and Iran, alongside other pressing regional and...

Erdogan, Omani Sultan Urge Discuss Israel, Iran War

Erdogan, Omani Sultan Urge Discuss Israel, Iran War

(MENAFN) Turkish head of state Recep Tayyip Erdogan on Sunday placed a telephone call to Oman’s ruler, Sultan Haitham bin Tariq bin Taimur Al Said, to deliberate over the intensifying confrontation between Israel and Iran, together with wider...

Erdogan phones Omani Sultan to talk about Iran-Israel conflict

Erdogan phones Omani Sultan to talk about Iran-Israel conflict

(MENAFN) On Sunday, Turkey’s President Recep Tayyip Erdogan engaged in a telephone discussion with Omani Sultan Haitham bin Tariq bin Taimur Al Said to address the rising tensions between Israel and Iran, as well as other important regional and...

Iran rejects claims of wanting to talk to US

Iran rejects claims of wanting to talk to US

(MENAFN) Iran has denied making any request to engage in direct talks with the United States, according to statements from the country's Foreign Ministry. Foreign Ministry spokesperson Esmaeil Baghaei dismissed recent comments made by U.S....

Sixth Round of U.S.-Iran Indirect Talks Resumes in Oman

Sixth Round of U.S.-Iran Indirect Talks Resumes in Oman

(MENAFN) Oman’s Foreign Minister Sayyid Badr bin Hamad bin Hamood Albusaidi announced on Thursday that the sixth round of indirect negotiations between the United States and Iran is set to take place this Sunday in Muscat. He shared the update via...

Kenyan MP states Russia nothing like press puts on display

Kenyan MP states Russia nothing like press puts on display

(MENAFN) Kenyan Member of Parliament Catherine Omanyo has challenged the widespread negative media portrayals of Russia, encouraging both her fellow citizens and the global community to reconsider their views of the country. Speaking to RT at the...

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