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Oman Launches RO100 Million 12th Local Sovereign Sukuk Issue at 4.85% Profit Rate

Oman Sovereign Sukuk Company has launched the 12th issue of local sovereign sukuk, valued at RO100 million, with a seven-year maturity and an annual...
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GCC Remittances Reach Record $161 billion as Expatriate Employment Drives Strong Growth

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GCC Finance Ministers Strengthen Economic Cooperation and Regional Financial Coordination

GCC economic cooperation took center stage as Gulf finance ministers met in Bahrain to discuss regional financial coordination. The meeting brought together finance ministers...
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How Did the U.S.–Iran Conflict Reshape the Gulf Economy, Oil Markets, Global Trade and International Investment?

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Oman Launches RO100 Million 12th Local Sovereign Sukuk Issue at 4.85% Profit Rate

Oman Sovereign Sukuk Company has launched the 12th issue of local sovereign sukuk, valued at RO100 million, with a seven-year maturity and an annual...

More News

Oman Launches RO100 Million 12th Local Sovereign Sukuk Issue at 4.85% Profit Rate

Oman Sovereign Sukuk Company has launched the 12th issue of local sovereign sukuk, valued at RO100 million, with a seven-year maturity and an annual...

GCC Remittances Reach Record $161 billion as Expatriate Employment Drives Strong Growth

GCC remittances reached a record $161 billion in 2025 as expatriate employment continued expanding. The combined figure marked the highest outward worker remittance total...

GCC Finance Ministers Strengthen Economic Cooperation and Regional Financial Coordination

GCC economic cooperation took center stage as Gulf finance ministers met in Bahrain to discuss regional financial coordination. The meeting brought together finance ministers...

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New Oman Air Service Connects Muscat and Singapore to Support Tourism Growth

Oman tourism continues to grow as the country strengthens its presence in Southeast Asia. The latest initiative includes new direct flights between Muscat and...

Global Investors Remain Confident in UAE and GCC Economies Despite Regional Tensions, New Survey Finds

GCC Economy continues attracting strong international attention as global investors remain optimistic about the region's future. A new survey shows confidence remains high despite...

Oman Water Supply Project Advances with €2 Billion Infrastructure Contract

Oman water supply project has reached a major milestone after Nama Water Services awarded a €2 billion ($2.3 billion) contract to an international consortium....

Oman Plastic Ban Expands to More Retail Sectors from July 1 to Reduce Single Use Plastic Waste

Oman's plastic ban will expand to more retail sectors from July 1 as authorities continue efforts to reduce plastic waste. The latest measures target...

Oman Strengthens Economic Outlook Through Growing Non-Oil Industries and Higher Revenues

Oman economy recorded stronger growth at the beginning of 2026 as non-oil sectors gained momentum. The latest figures showed rising activity beyond traditional energy...

Oman Maintains Strong Trade Surplus as Exports and Economic Diversification Support Growth in 2026

Oman trade surplus continues to show strength as the country maintains a positive balance between exports and imports. New figures show that the Sultanate...

GCC VAT Overhaul Reshapes Cross-Border Trade Across the Gulf as Businesses Prepare for Stricter Tax Compliance Rules

GCC VAT Overhaul is reshaping regional trade rules as Gulf countries move toward stronger tax coordination. The updated framework will affect companies that move...

Oman Tops Global Export Supply Chain Index with Record Logistics Performance

Oman has achieved leading positions in several global logistics indicators. These results further strengthen its role as a major trade, transport, and logistics hub...

UK and Gulf Cooperation Council Reach Historic Trade Pact to Improve Market Access

The Gulf trade deal marks a major step in economic cooperation between Britain and Gulf nations. The United Kingdom and the Gulf Cooperation Council...

Oman Investment Bank Appoints Mohamed Sultan Salim Al Habsi as Chief Executive Officer to Drive Strategy and Growth

Oman Investment Bank has appointed Mohamed Sultan Salim Al Habsi as its new chief executive officer. The decision marks a key leadership change at...

Oman Economy Enters Stronger Growth Phase as Non-Oil Sectors Expand and Fiscal Reforms Deepen

The Oman economy is entering a stronger growth phase as non-oil sectors expand and fiscal reforms deepen, according to the latest World Bank assessment....

Bank Profit Growth Continues at Arab Bank as Earnings, Loans, and Deposits Increase

Arab Bank Group reported strong financial results in early 2026. Bank profit growth continued through the first quarter. This performance reflected higher income and...
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