The Galaxy Leader was taken in November 2023 at the start of the Houthi attacks on shipping in the Red Sea corridor over the Israel-Hamas war.

Oman's state-owned logistics firm Asyad Group plans to sell shares in its shipping subsidiary through an initial public offering, it said on Wednesday, as part of the Gulf country's privatisation drive.

The move aims to enhance global competitiveness of Omani industries and drive sustainable digital transformation in manufacturing

Asyad Group, which is owned by the Oman Investment Authority, will offer secondary shares for a minimum 20% free-float with the option to increase it to 23%

The two Mexicans had been held for over a year after Houthis rebels hijacked their commercial ship, the Galaxy Leader, in Yemen.

Oman's former national team player Abdul Salam bin Amer Al Mukhaini passed away on Tuesday, Jan. 21, at the age of 37.Read More: Oman’s Sultan Congratulates Trump on His Inauguration He was also a player for the Dhofar Club.

The Sultanate of Oman announced Wednesday the success of its efforts to release the crew of the 'Galaxy Leader' ship detained in Yemen, numbering 25 people of Filipino,

Doha: Qatar has welcomed Oman s successful mediation, which led to the release of the crew of the Galaxy Leader ship, detained off the coast of

Oman has achieved a remarkable improvement in its economic fundamentals. The fiscal and external positions have strengthened significantly, while nonhydrocarbon growth is picking up amid low inflation.

The steel industry is critical to global development, driving infrastructure, manufacturing, and economic growth. Among the emerging players in this sector are Oman steel makers and Vietnam’s steel industry.

In Oman’s diverse and multicultural society, Best astrologer in Oman Acharya Indravarman stands out as a beacon of hope and wisdom. His unique blend of traditional knowledge, modern accessibility, and personalized care makes him the ideal choice for those seeking astrological guidance.

Asyad Group, a logistics business owned by Oman’s sovereign wealth fund, has announced plans to float its shipping unit on the Muscat stock exchange. At least 20 percent of Asyad Shipping Company will be sold in the initial public offering.