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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Sohar International Bank Profit Drops Amid Rising Costs

Sohar International Bank profit declined sharply during the first quarter as multiple financial pressures emerged. The bank reported a net profit of OR21.5 million,...

Oman Supports GCC Economic Integration at Kuwait Meeting

Primarily, Oman joined a key GCC meeting in Kuwait to strengthen GCC economic integration across finance, trade, and cooperation. This session helped prepare for...

GCC tax shift drives fiscal sustainability

The GCC tax shift marks a new era in the region’s economic strategy. Gulf countries now prioritize fiscal stability and long-term growth. Previously known for low taxes,...

Oman Boosts Solar Energy with China Solar Deal

Oman solar energy project continues to advance its clean energy goals through a major partnership with a Chinese firm. The new agreement centers on...

Oman Advances Insurance Coverage in MENA Region

Oman insurance sector takes the spotlight as the country hosts a major regional seminar in Muscat. The event, led by the Financial Services Authority...

Oman Targets Big Power Grid Expansion by 2028

Oman has set an ambitious plan for its electricity future. Oman's power grid expansion will reach around $2 billion over the next four years....

Oman to Launch Business Caller ID to Strengthen Telecom Trust

Oman will soon launch a business caller ID in Oman, announced by the Telecommunications Regulatory Authority (TRA) during its 2024 media briefing. This new digital...

Oman Aviation Growth Powered by National Strategy

Oman continues to reshape its aviation sector. Oman Air and Oman Airports recently shared major updates during a press conference in Muscat. Together, they...

Oman Modernizes Banking with Direct Debit Upgrade

The Oman Direct Debit system marks a major step forward in the country’s digital banking transformation. Introduced by the Central Bank of Oman (CBO), this system...

Oman Real Estate Trading Sees $940 Million in Activity

Oman real estate trading continues to show movement, with total activity reaching $940 million. Although the market faces some declines, several areas still report...

Oman Reviews Flood Risk Plans for Safety

Oman continues its efforts to reduce damage from floods by updating its flood risk plans. A recent meeting in Muscat brought together experts and...

Oman Leads Nuclear Dispute Talks Between US and Iran

Oman continues leading the nuclear dispute talks between Iran and the United States. These nuclear dispute talks are now taking place in Rome. Oman...