Oman

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 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....

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...

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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....

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Oman Tax Authority Clarifies VAT Rules for GCC Imports

The Omani Tax Authority (OTA) has issued clear guidance on VAT Oman companies importing goods from the UAE and other GCC countries. The update...

Omani Finance Surpasses RO 34 Billion, Attracting Investors

Omani finance is expanding rapidly as bank credit surpasses RO 34 billion, highlighting growing opportunities for investors and businesses. Moreover, the increase signals strong...

Oman Strengthens Financial Innovation with BankDhofar Partnership

BankDhofar has partnered with the Social Protection Fund to advance digital banking in Oman. This collaboration introduces innovative solutions that improve efficiency, security, and...

Oman Banking Shows Growth and Economic Stability

Oman banking posted strong growth by the end of July 2025, showing resilience and stability in the sector. Conventional commercial banks expanded credit by...

Oman Air Winter Sale and Expanded Flights

Oman Air has launched a global winter sale offering up to 25 per cent off Business and Economy Class fares. The Oman Air promotion...

Omani Islamic Finance Set to Top $40 Billion

Oman’s Islamic finance sector is set to exceed $40 billion, driven by regulatory reforms and rising sukuk issuance. The sector continues to experience strong...

Oman Sees Drop in Trade Amid Falling Oil Exports

Oman recorded a trade surplus of RO3.088bn, marking a 34% decline from the previous year. This decline reflects challenges in merchandise exports and the...

Oman Salary Increment Rules Overhauled to Drive Private Sector Performance

The Oman Ministry of Labour introduced new regulations that reshape the way companies handle salary increases for Omani employees. The new Oman salary increment...

Oman Debt Decline Signals Stronger Investment Outlook

Oman's public debt fell to RO 14.1 billion by the second quarter, reflecting progress in financial management and debt reduction strategies. This improvement highlights...

Oman Real Estate Sales Climb to OMR613 Million

Oman real estate sales recorded strong growth, showing clear resilience in the property market. The value of sale contracts rose by 12.4% to OMR613...

Oman Creative Industries Poised to Power Economic Growth

Oman's creative industries are becoming a major force in the country’s economic diversification strategy. These industries connect cultural heritage with innovation, supporting the ambitions...

Oman Resident Card Validity Extended for Expats

Oman resident card validity has now been extended, giving expatriates more options for how long their identification lasts. The Royal Oman Police (ROP) introduced...