In September 2023, the Central Bank of Oman (CBO) issued a new Regulatory Framework for cybersecurity and Resilience. This new regulation mandates banks, financing and leasing companies, payment …
Shell to Become Largest Off-taker in Oman LNG
Shell International Trading Middle East FZE will purchase up to 1.6 million metric tons per annum of liquefied natural gas (LNG) from Oman LNG from 2025 to 2034. Shell International Trading Middle …
Moody’s, and Oman Banks Association host successful Islamic finance roundtable
His Excellency Tahir Salim Al Amri, the Executive President of the Central Bank of Oman, delivered the Welcome Remarks, followed by Ali Al Mani, Board Member of Oman Banks Association and Nitish …
Cyclone Tej: The Indirect Impact on Saudi Arabia, Oman, and Yemen
In the tumultuous theatre of nature, Cyclone Tej has taken center stage in the Arabian Sea, making its presence felt with an overture of heavy rains, robust winds, and the looming threat of floods.
Cyclone Tej: Oman declares two-day holiday in Dhofar, Al Jazar Wilayat
Oman is taking the necessary measures to ensure the safety of its citizens and residents, as tropical cyclone Tej intensifies. The country’s Ministry of Labour has announced a two-day holiday on …
Cyclone Tej: Oman declares two-day holiday in Dhofar, Al Jazar Wilayat
Oman is taking the necessary measures to ensure the safety of its citizens and residents, as tropical cyclone Tej intensifies. The country’s Ministry of Labour has announced a two-day holiday on …
Rakiza Fund acquires 39 pc stake in Oman Broadband
MUSCAT: In a significant development, the Oman Infrastructure Fund (Rakiza) has signed a landmark agreement to acquire a 39per centstake in …
Rakiza Fund acquires 39 pc stake in Oman Broadband
MUSCAT: In a significant development, the Oman Infrastructure Fund (Rakiza) has signed a landmark agreement to acquire a 39per centstake in …
Here’s why Oman emerging as new choice for Indian destination weddings
There has been an almost two-fold rise in the number of Indian weddings that took place across various star-category properties located across Oman this year, compared to the corresponding period last …
Oman to invest $30bn in hydrogen economy
Oman aims to be among world leaders for hydrogen projects by 2030 Oman is investing more than $30bn in the hydrogen economy, with the aim to be one of the largest producers in the world by 2030. Oman …