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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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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...

Oman Targets Workforce Transformation to Power Future Economy

Oman kicked off the Work Forum 2025 in Salalah with over 1,000 local and international participants. The event aims to reshape the country’s labour...

Oman Targets Unapproved Insurance Price Hikes in Market Clampdown

Oman’s Financial Services Authority (FSA) is stepping up enforcement to protect consumers from unauthorized insurance hikes. Following recent reports of price increases, the FSA...

Oman Al Ain Village Combines Nature and Heritage

In Oman, Al Ain Village in the Wilayat of Al Jabal Al Akhdar continues to draw visitors with both its unique beauty and deep...

Oman Launches Economic Integrity Drive to Tackle Hidden Trade Risks

Oman has launched a multi-agency strategy to eliminate hidden trade and protect its growing economy. A top official from the Ministry of Commerce, Industry,...
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