Oman

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 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...

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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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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Omani Beekeeper Takes Top Honors in Paris

Omani honey once again captured global attention when al Shahri, a renowned beekeeper, won three prestigious awards. The Paris International Honey Competition honored him...

Rising U.S.–Iran Tensions Challenge Gulf Economic Transformation

Escalating tensions between Washington and Tehran have put the Persian Gulf on high alert. In February 2026, President Donald Trump indicated a “locked and...

“We Have to Think of Our Legacy,” Says Lujaina Mohsin Darwish

Equity drives innovation, according to Lujaina Mohsin Darwish, Chairperson of ITICS at Mohsin Haider Darwish LLC and Honorary Consul for South Africa in Oman....

Iran Strengthens Ties with Gulf Neighbors

Iran Expands Gulf Connections with Rapid Growth in Trade with the UAE, Qatar, and Oman. Iran-Gulf trade is rising as the country strengthens economic...

Oman Benefits from Greater Arab Free Trade Area

Oman continues to strengthen its economic ties through the Arab free trade framework. The Greater Arab Free Trade Area (GAFTA) facilitates trade among Arab...

Italy PM Meloni Visits Oman to Boost Trade Ties

Italy and Oman have taken a major step to boost economic relations through a new agreement. The Italy-Oman trade initiative aims to strengthen collaboration...

Oman Launches International Financial Centre to Drive Investment Growth

Oman has launched the International Financial Centre of Oman to attract capital inflows and grow its financial services sector. Furthermore, the initiative strengthens Muscat’s...

Oman Unveils Four Major Awards with Royal Blessings

With the royal blessings of Sultan Haitham bin Tarik, Oman launched four Sultan Awards to promote excellence in culture, research, business, digital innovation, and...

Oman Central Bank Bills Strengthen Short Term Liquidity

Oman’s monetary authorities moved to support financial market stability on Monday through a fresh debt issuance. The Central Bank of Oman allocated treasury bills...

Oman Strengthens Global Agreements With Three Royal Decrees

Oman issued three Royal Decrees that strengthen economic, diplomatic, and workforce cooperation with key international partners. These decisions reflect Oman's economic agreements and support...

Oman Extends Energy Licensing Deadline to June 2026

Oman Energy Licensing now has a grace period until June 2026 for professionals in the energy and minerals sector. This extension gives workers and...

Taxi Services Relocated at Muscat International Airport

Muscat International Airport has relocated Taxi Services Muscat to Level 0 starting December 7, 2025. Passengers can now follow updated signs to reach the...