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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 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...

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...
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