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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...

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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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Regional Economic Alignment Drives Oman–Saudi Trade

Oman and Saudi Arabia reinforced their collaboration during the latest Coordination Committee meeting in Riyadh, focusing on regional economic alignment. The session evaluated completed...

Oman A320 Updates Completed Across Fleet

Oman A320 software updates have now been successfully applied to all commercial aircraft, ensuring higher safety and regulatory compliance. Airlines across the country worked...

Omantel Fibre Network Expands High-Capacity Services

Muscat, Oman – Omantel fibre network has expanded its digital infrastructure by partnering with Ciena to launch a high-capacity Managed Optical Fibre Network (MOFN)...

Oman Digital Economy Set for Major Growth

Oman digital economy is rapidly expanding, targeting a 10 percent share of GDP by 2040. Moreover, authorities expect the sector to reach three percent...

Oman advances Muscat Expressway expansion to ease traffic congestion

Oman’s Ministry of Transport, Communications, and Information Technology is finalizing the awarding process for the Muscat Expressway expansion project. The much-anticipated project aims to tackle...

Oman Airports Launches Smart Aviation Initiative with Huawei at Muscat International

The collaboration highlights Oman Airports’ investment in smart infrastructure. Consequently, it positions Oman as a regional hub for aviation innovation. It improves efficiency and passenger...

Oman Renews Eutelsat Partnership to Secure National Broadcasting Services

Eutelsat has renewed its partnership with Oman’s Ministry of Information (MOI). The deal ensures continued satellite capacity on the E21B satellite at 21° East....

Gold Prices Oman Soar to Record High Amid Global Uncertainty

Gold prices Oman surged to record highs, reflecting growing global uncertainty and investor demand for safe-haven assets. Local jewelers in Ruwi reported that 24K...

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...
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