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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...

More News

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 Audit Bureau Highlights Regional Cooperation in GCC Meeting

Oman continues to strengthen its role in the GCC audit cooperation plan by joining a key regional meeting. The State Audit Institution (SAI) represented...

BankDhofar Expands Reach with New Al Tharmad Branch to Tap Growth in Oman

BankDhofar has opened a new branch in Al Tharmad to expand its network and serve more customers across Oman. This move supports the bank’s...

Oman Reshapes Private Sector Pay with Performance-Based Bonus Mandate

Oman introduced new rules to regulate the periodic bonus for Omani workers in the private sector. The Ministry of Labour aims to ensure fairness...

Tickmill Expands in Oman to Transform Financial Services with ProTrade Deal

Tickmill has expanded its reach into Oman by partnering with ProTrade Investments. This bold step strengthens Oman’s financial services and supports growing interest in...

Youth Banking Benefits Empower Young Adults in Oman

Youth banking benefits are transforming how young adults in Oman manage money and build financial independence. BankDhofar’s Youth Account offers tailored solutions for customers...

Oman Real Estate Market Sees Shifts in Traded Value

The Oman real estate market sees shifts in traded value as overall activity shows mixed performance across key segments. Although total transactions fell, specific...

Oman Treasury Bills Issuance Hits $101.4 Million Amid Strong Demand

Oman Treasury bills have reached a total issuance value of $101.4 million, reflecting robust demand from licensed commercial banks. The Ministry of Finance launched...

Oman GDP Growth Strengthens Despite Oil Sector Decline

Growth of Omani GDP has shown steady progress in economic growth during the first quarter of this year. The country’s gross domestic product (GDP)...

Oman Appoints New Oman Air Deputy CEO to Guide Major Transformation

The deputy head of Oman air has taken a major step forward in its ongoing transformation. The national airline appointed Eng. Hamood Al Alawi...

Oman Introduces Personal Income Tax to Boost Economy

Oman has taken a historic step by introducing Oman's personal income tax. Starting in 2028, the country will enforce this income tax reform as...

Gulf Airspace Reopened After Iran Strike Disrupts Regional Flights

Gulf airspace reopened after a sudden closure caused by Iran’s missile strike on a US military base in Doha. The strike led to a...

IMF Praises Oman Central Bank Transparency

The International Monetary Fund (IMF) has praised the Central Bank of Oman (CBO) for its strong commitment to transparency, governance, and financial stability. This...
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