Sri Lanka’s former ambassador to Oman, now an additional secretary at the foreign ministry, O.L. Ameer Ajwad, has released an important reference book titled ‘Sri Lanka-Oman Relations: Past, Present, …
Oman’s 2024 Budget: A blueprint for action
The recently released 2024 Oman Budget sets out the objectives, priorities and strategies for achieving an all-round improvement in the …
Saudi Arabia cuts February Arab Light crude price to Asia to 27-month low
Saudi Aramco slashed the official selling price (OSP) for February-loading Arab Light to Asia by $2 a barrel from January to $1.50 a barrel over Oman/Dubai quotes, a level last seen for November 2021.
Real estate trading value in Oman rises to $6.3bln
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 …