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 …
Pakistan, Gulf Cooperation Council sign ‘preliminary’ free trade agreement
The Gulf Cooperation Council (GCC) has signed a “preliminary” free trade agreement (FTA) with Pakistan, the six-country bloc comprising Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab …
Oman climbs 10 places in Global Innovation Index
MUSCAT: The Sultanate of Oman advanced 10 places in Global Innovation Index 2023 report, issued by the World Intellectual Property …
Oman: Real estate trade
According to the September 7, 2005 edition of Al-Khaleej newspaper, an official report estimated the real estate trading activities in the Sultanate of Oman at OR 46.4 million last July.
Mideast Oil Gets Tighter as Refineries in Oman, Bahrain Expand
Oil supplies from the Persian Gulf are set to tighten further as Oman and Bahrain expand refining capacity, consuming more regional crude to produce fuels like diesel for export.Most Read from Bloombe …
Mideast Oil Gets Tighter as Refineries in Oman, Bahrain Expand
Oil supplies from the Persian Gulf are set to tighten further as Oman and Bahrain expand refining capacity, consuming more regional crude to produce fuels like diesel for export.Most Read from Bloombe …
Oman’s oil and gas sector drives 30% GDP growth in 2022
Oman’s hydrocarbon sector growth rate was 61.6% from 2021 to 2022, compared to non-hydrocarbon sector growth at 16.9% during the same period, according to the Central Bank of Oman (CBO) 2022 Annual …