Iran will soon hand a counter-proposal for a nuclear deal to the United States via Oman, Iranian foreign ministry spokesperson Esmaeil Baghaei said on Monday, in response to a U.S. offer that Tehran …
Property abroad: Oman’s an Arabian treasure
As a result, he introduced legislation in 2004 — ratified in 2006 — allowing overseas nationals to purchase freehold property and land in designated tourist areas in Oman. These projects …
Oman issues new regulatory framework for digital banks
A licensed digital bank is required to establish a physical presence in Oman as its principal place of business.
Oman raises $130m from latest sale of treasury bills
Oman has raised $130 million from treasury bills in a three-part sale that began on Monday. The Central Bank of Oman sold $5 million, $52 million and $74 million of bonds with terms of three, six and …
Oman’s new banking regulations boost technological innovation
Oman’s banking sector is undergoing a significant transformation, driven by the introduction of the new Oman Banking Law under Royal Decree No. 2 of 2025 and a regulatory framework for open banking.
Business Platform project to boost Oman’s investment appeal
Prominent Omani firms are among a total of 12 local and international consortiums that have been qualified by the Ministry of Finance …
IMF Staff Concludes Staff Visit to Oman
A staff team from the International Monetary Fund (IMF), led by Mr. César Serra, visited Muscat, Oman, during May 21-29, 2025, to discuss economic and financial developments, the outlook, and the coun …
Oman boosts investments from Gulf region to Vietnam
A four-day working trip by the deputy president of the Oman Investment Authority, Nasser bin Suliman Al Harthi, recorded a series of positive results.
Oman’s first quarter budget revenue down falls as oil income drops
Oman’s overall budget revenue fell 7% year-on-year to 2.635 billion Omani rials ($6.85 billion) in the first quarter of 2025 as oil revenue dropped, Oman’s state news agency reported on Tuesday, …
Oman real estate transactions hit $2.17bn by April 2025, showing 9.7% growth
The total value of real estate transactions in Oman reached RO 833.9 million ($2.2bn) by the end of April 2025, reflecting a 9.7 per cent increase compared to OR760.2m ($1.98bn) during the same period …