Minister of Finance Fahad Al-Jarallah took part on Thursday in the 120th meeting of the GCC committee of financial and econ …
US diverts Iranian munitions shipment, bound for Yemen, to Ukraine
The US government says it has sent ammunition seized from Iran to Ukraine, which is under attack from Russia.The ammunition was originally seized by the US military on a ship in the Gulf of Oman in …
Oman is interested in Amkodor’s road-building equipment
The Belarusian mechanical engineering company Amkodor hosted a delegation of the Chamber of Commerce and Industry of Oman, BelTA learned from the press service of the enterprise.
Qatar attends two GCC health ministers’ meetings
Qatar participated in the ninth meeting of the GCC Health Ministers’ Committee, and the 86th meeting of the Council of Health Ministers of the GCC countries in Oman …
S&P raises Oman’s credit rating on higher crude prices and non-oil sector growth
S&P Global Ratings has raised Oman’s long-term foreign and local currency sovereign credit ratings to “BB+” from “BB” with a stable outlook on “favourable” oil sector dynamics, along with higher …
Real estate trading value in Oman rises to $4.6bln
Muscat: The total value of real estate trading in the Sultanate of Oman rose by 15.8 percent to OMR1.80 billion at the end of August 2023 compared to OMR1.58 billion during the same period in 2022.
Oman: $4.9bln total revenues from tourism sector in 2022
The number of tourists is also constantly rising both at the level of domestic tourism and the tourist flow from outside the Sultanate of Oman. His Excellency added that there is an intensive plan to …
S&P raises Oman’s credit rating to BB+ with a stable outlook
S&P said that it expects Oman to achieve economic growth at an average rate of about 2% during the period 2023-2026 …
Central Bank of Oman unveils roadmap for fintech ecosystem
In addition to the adoption of dynamic laws and regulations, the Oman Fintech Ecosystem also aims to develop a national cadre of skilled and innovation-driven individuals …
Oil contamination clean-up tech makes global debut in Oman
A UK-based technology start-up has announced the successful field trial of an innovation that uses a little-known property of water to process …