August 19, 2026
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Business

Developing Asia FDI reaches $644 billion in 2025

omandailynews.com
GENEVA / RankWire.AI / – Developing Asia attracted $644 billion in foreign direct investment in 2025, up from $623 billion a year earlier, United Nations Trade and Development said in its World Investment Report 2026. The gain kept the region as the largest FDI recipient among developing regions. The increase......
Business

Brent crude rises to $74.16 as oil prices climb

omandailynews.com
NEW YORK / RankWire.AI / – Oil prices settled higher Tuesday, with Brent crude futures rising 3.01% to $74.16 a barrel. U.S. West Texas Intermediate crude gained 2.76% to $70.44 a barrel. Brent added $2.17 for the session. WTI rose $1.89. Trading later extended gains after the United States revoked......
Business

Africa FDI reaches $70 billion in 2025

omandailynews.com
GENEVA / RankWire.AI / – Africa drew $70 billion in foreign direct investment in 2025, its third-highest level since 1990, according to UN Trade and Development. The total fell from the exceptional $94 billion recorded in 2024. It still stood about one third above the continent’s average for 2010 to 2024.......
Sports

Portugal fall to Spain as Ronaldo legacy closes

omandailynews.com
ARLINGTON, TEXAS / MENA Newswire / – Spain reached the FIFA World Cup quarter-finals with a 1-0 win over Portugal on Monday, as Mikel Merino scored in the 91st minute at Dallas Stadium. The substitute took a pass from Ferran Torres and finished low past Diogo Costa. Spain advanced after......
News

Macron visit puts Syria reconstruction deals in focus

omandailynews.com
DAMASCUS, SYRIA / MENA Newswire / – French President Emmanuel Macron arrived in Damascus on Monday for an official visit focused on Syrian-French relations, reconstruction and economic cooperation. The trip marks the first visit by a French president to Syria since 2009. Syrian Foreign Minister Asaad Hassan al-Shaibani received Macron......
News

Italy and GCC sign MoU to expand political cooperation

omandailynews.com
ROME / MENA Newswire / – Italy and the Gulf Cooperation Council signed a memorandum of understanding in Rome on Monday to strengthen cooperation and create a structured channel for political consultations. The agreement was signed during a meeting between Italian Deputy Prime Minister and Foreign Minister Antonio Tajani and......
Sports

Brazil exits World Cup after Norway Round of 16 victory

omandailynews.com
EAST RUTHERFORD, NEW JERSEY / MENA Newswire / – Norway reached the FIFA World Cup quarterfinals for the first time after beating Brazil 2-1 in the Round of 16 on Sunday. Erling Haaland scored twice late at New York New Jersey Stadium. Brazil, the five-time champion, exited before the last......
Business

Iraq sets Halliburton contract for Basra oil fields

omandailynews.com
BASRA, IRAQ / MENA Newswire / – Iraq’s state-run Basra Oil Company signed a five-year integrated management contract with Halliburton for the Bin Omar and Sindbad oil fields in Basra province, Iraq’s Ministry of Oil said. The agreement covers field management work aimed at raising crude oil and associated gas......
News

India and Japan expand AI and economic security ties

omandailynews.com
NEW DELHI, INDIA / MENA Newswire / – India and Japan broadened their Special Strategic and Global Partnership at the 16th India-Japan Annual Summit in New Delhi, adding cooperation in artificial intelligence, economic security, energy resilience, defence and mobility. Prime Minister Narendra Modi hosted Japanese Prime Minister Takaichi Sanae during......
Business

World Bank backs Morocco hydropower storage with $265m

omandailynews.com
RABAT, MOROCCO / MENA Newswire / – The World Bank has approved $265 million to support Morocco’s Ifahsa Pumped Hydropower Storage Project, a 300-megawatt clean energy facility planned for the country’s north. The financing backs a major storage project designed to help Morocco add more renewable power to its national......