Preliminary statistics issued by the National Centre for Statistics and Information (NCSI) indicated that the fees collected for all legal transactions amounted to OMR60.50 million …
The Moonlight Market is Coming to Oman on This Date
If you’re looking to shop till you drop in Oman, check out the Moonlight Market at the Exhibition Garden in the Oman Convention & Exhibition Centre (OCEC), which will run from Feb. 22 to Mar. 2.Read M …
Three day property expo planned for Oman
A three-day seminar on Oman’s property market was being planned as part of the upcoming International Property Exhibition (IPE) and Money World Exhibition is being to be held next month …
Rabt power transmission project under way in Oman
Initiative will reduce carbon emissions by more than 474,000 tonnes annually and massively reduce sultanate’s diesel dependence …
Oman budget 2024: $28.6bn revenue, $30.3bn spending on $60 per barrel oil price forecast
He explained that the net oil revenues in the Oman 2024 budget are estimated at approximately OR5.915bn ($15.4bn). The collection of net gas revenues is estimated at about OR1.575bn ($4.1bn), and the …
Oman heads into 2024 with projected budget deficit
The Sultanate of Oman is expecting a budget deficit for the year, after it swinging away from a surplus during 2023 …
Oman posts $2.4bn budget surplus for 2023 on oil and gas revenue boost
Oman posted a budget surplus of 931 million Omani rials ($2.4 billion) for the financial year 2023 as per preliminary data after a more-than-anticipated rise in public revenue due to higher oil and …
UPDATE 2-Oman projects $1.7 bln deficit in 2024 budget
The 2024 budget is based on an average oil price of $60 per barrel, which is conservative by most estimates. Oman’s finance minister Sultan Salim Al Habsi said that the estimates in the budget were …
UPDATE 2-Oman projects $1.7 bln deficit in 2024 budget
The 2024 budget is based on an average oil price of $60 per barrel, which is conservative by most estimates. Oman’s finance minister Sultan Salim Al Habsi said that the estimates in the budget were …
Oman projects a US$1.66bil deficit in 2024 budget
MUSCAT: Oman is forecasting a budget deficit of 640 million rials (US$1.66 billion) this year, around 1.5% of the country’s gross domestic product, state television reported today, swinging from a …