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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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Gulf Banks 2025 Rankings Spotlight Top Gulf Financial Institutions

The Gulf Banks 2025 rankings project is rapidly gaining attention throughout the Gulf Cooperation Council (GCC) region. This ambitious initiative evaluates over 60 banks...

Oman and Bahrain Economic Ties Strengthened During High-Level Trade Meeting

Oman and Bahrain are boosting their economic ties after a recent high-level meeting in Muscat. The session focused on promoting mutual trade growth and fostering business...

Oman’s Economic Future Strengthened by Credit Facility

Sohar International and Al Mouj Muscat signed a major Oman credit facility deal worth OMR63 million. This agreement marks a big step forward for...

Muscat Pest Control Training Boosts Public Health Standards

Muscat Municipality partnered with the World Health Organization (WHO) to run a specialised pest control training programme. The training aimed to build national expertise...

ASMED Pushes for Better Banking Services for SMEs in Oman

Oman’s Authority for Small and Medium Enterprises Development (ASMED) held a key dialogue session in Muscat. The goal was simple: improve banking services for...

Oman Oil Price July 2025 Rises to $66.05 Amid Global Market Trends

The Oman oil price July 2025 delivery rose to $66.05 per barrel, according to official figures released today. This increase reflects a $1.04 gain compared to...

Oman Hotel Revenue Rises Over 10% as Tourism Grows

The Oman hospitality industry continues to expand, with 3 to 5-star hotels showing strong revenue increases. This steady rise highlights consistent Oman hotel revenue...

Oman Boosts Omani HR Development with Global Training Programs

Omani HR development continues to strengthen its workforce. In Muscat, the Omani HR Management Association met with London Business School leaders.Together, they planned executive...

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...
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