Technology
Billionaire Richard Branson has stepped down as chairman of Virgin Hyperloop One
Billionaire Richard Resigns As Chairman Of Virgin Hyperloop One, the US based firm.
Branson took on the role late last year after Virgin Group invested in the company and formed a strategic partnership. The company was originally known as Hyperloop One, but rebranded itself following the move. Patrick McCall, one of Virgin’s senior executives will take over as the new Chairman.
The company had big plans for the Middle East. In April, Dubai ports operator DP World and Virgin Hyperloop One partnered to launch a new global logistics company called DP World Cargospeed.
DP World is a key investor in Virgin Hyperloop One. It took part in a $50 million funding round in December 2017, after the two companies initially signed an agreement in 2016 to pursue a cargo-based hyperloop system at Jebel Ali port — which has now resulted in DP World Cargospeed.
Bank Muscat posts net profit of RO137.49 million in H1 2026
Oman’s refinery production declines 6.8 percent to 89.91 million barrels in May 2026
FSA deregisters Reliance Audit firm over unlicensed practice
Raysut Cement returns to profit with RO2.71 million net earnings in H1 2026
Oman’s population grows 1.6 percent to reach 5.4 million
Oman’s oil exports rise 2.7 percent to 129.5 million barrels
Electricity production in Oman increases by 6.8 percent by May 2026
Oman’s inflation rate rises by 2.8 percent
His Majesty The Sultan offers condolences to the Emir of Qatar on the demise of His Highness Sheikh Hamad bin Khalifa Al Thani
Oman, Jordan Establish RO38.5 Million Investment Company
Power And Beyond: The Path To A Low-carbon Future
Al Mouj Muscat unveils Ghadeer Villas
Time to Buy Saudi Stocks? Some Investors Look at Dubai Instead
Hospitality Industry in Oman Estimated 90% Growth in 2022
Renewables are booming, but not fast enough to cap greenhouse emissions
Retail Abu Dhabi’s ‘Unbox Amazing’ generates sales of more than AED 2 billion in participating stores
Saudis Sign Deals From Energy to Metals in Bid to Salvage Forum
Saudi Arabia’s Gold Miner Plans to Be a Global Top-20 Supplier
Technology to drive Sultanate’s downstream industry
Digitization and Logistics Service Providers Can Help SMEs Make the Most of Peak Season Retail Trends
LEADERSPEAK: Dhofar Insurance CEO Sunil Kohli on Oman’s Insurance Sector, Reinsurance & Market Outlook
VIDEO: Robert MacLean on how NHI is Shaping Oman’s Next Generation of Hospitality Leaders
The Future of Oman: Decoding The Sultanate of Oman’s Strategic Promotional Nation Brand
EXCLUSIVE: AI, Robotics & Wearable Sensors are Changing the Lives of Dementia Patients
EXCLUSIVE: Talking Renewable Projects & Sustainability in Oman and Beyond with Vipul Tuli
VIDEO: Eng. Salim Al Thuhli, CEO, Khazaen Economic City on Investment Opportunities
H.E. Salim Al Aufi, Minister of Energy & Minerals talks about Oman’s Green Hydrogen Goals
VIDEO: Talking Latest Developments in Aircraft Ground Guidance & More at Oman Airports
VIDEO: Dr. Firas Al-Abduwani Discusses Green Hydrogen, Potential Regions for Development & Creating a Green Ecosystem
VIDEO: Discussing The Future of Green Hydrogen in Oman with H.E. Salim Al Aufi
-
Economy1 month agoOMIFCO IPO: Price, Dividends, Subscription Dates and Listing – Here’s Everything You Need to Know
-
Magazines1 month agoOER May 2026 Edition: The Digital Copy
-
News2 weeks agoINVESTIGATION: Why Nokia Could Matter More in the Quantum Age Than It Ever Did in Mobile
-
Investment4 weeks agoWhy Are Tech Stocks Rising Again – And Is It Too Late To Invest In Them?
-
Economy3 weeks agoOMIFCO Successfully Completes Bookbuilding & Sets Final IPO Offer Price
-
Magazines1 month agoSignature Oman: May 2026 Edition
-
Banking & Finance2 months agoOman Arab Bank marks successful listing of $400mn AT1 Bond on London Stock Exchange
-
News3 weeks agoINVESTIGATION: Is AI in a Bubble? Inside the Trillion-Dollar Question Reshaping Global Markets
You must be logged in to post a comment Login