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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Oman’s Investment Authority Boosts Credit Rating

The Oman Investment Authority (OIA) has played a pivotal role in the Oman Credit Rating Boost. This reflects its strong commitment to fiscal discipline...

Oman Airports Passenger Numbers Show Mixed Trends

Oman airports experience changes in passenger numbers and flight activity. The total number of travelers dropped to 2,535,246. This is a 6.7 percent decrease...

Oman Engages in Arab Financial Meetings

Oman joined the annual Joint Meetings of Arab Financial Institutions in Kuwait. The Omani delegation was led by Sultan Salim Al Habsi, Minister of...

Oman Bank Takeover Impact Sparks Market Debate

The Oman bank takeover impact continues to stir discussions after a major acquisition moved forward. Sohar International Bank, Oman’s second-largest lender, has received approval...

Oman Commercial Agencies Reform Brings New Rules

Oman continues to improve its business laws through the Oman commercial agencies reform. The Ministry of Commerce, Industry, and Investment Promotion recorded 2,043 agency...

Oman Sets July Deadline for IBAN Use in Oman Transfers

Oman announced crucial opportunities to how money is sent within the country. Starting July 1, 2025, all local bank transfers must include an International...

Oman’s Meethaq Bank Introduces Savings Plan for Financial Stability

Meethaq Islamic Banking in Oman has launched a savings plan to help customers build financial stability with smart savings. This plan encourages people to...

Oman and Bahrain Strengthen Bilateral Ties with 25 Agreements

Oman and Bahrain have signed 25 important agreements to strengthen their bilateral relationship. These agreements cover various sectors and were signed during the state...

289,000 Livestock Supplied to Meet Consumer Needs in Oman

Muscat – The Ministry of Agriculture, Fisheries, and Water Resources has announced that over 289,000 heads of livestock were supplied to consumers during January...

Oman Strengthens Tax System with Digital Tax Stamps

Oman is taking a new step in tax regulation by enforcing digital tax stamps on excise goods starting June 1, 2025. This move ensures that all imported excise...

Oman Central Bank Issues Treasury Bills Worth OMR37.60 Million

Muscat – The Central Bank of Oman (CBO) has issued Government Treasury Bills totaling OMR37.60 million. The issuance includes two types of Treasury Bills...