Trade between Egypt and Oman reached $1.08 billion in 2022, up from $651 million in 2021, recording an increase of 66 percent, Minister of Trade and Industry Ahmed Samir said on Monday.
The best Islamic bank in Oman 2023: Ahli Islamic
Despite surging global interest rates, inflation, gyrating currencies and geopolitical tensions, Ahli Islamic Bank has stayed the course. It has grown its business and worked to expand the industry, …
The best Islamic bank in Oman 2023: Ahli Islamic
Despite surging global interest rates, inflation, gyrating currencies and geopolitical tensions, Ahli Islamic Bank has stayed the course. It has grown its business and worked to expand the industry, …
Oman leverages non-oil sector development to propel economic growth
Oman 2023, highlighting how the sultanate is diversifying its economy, and accelerating privatisation and Omanisation. Supported by a robust and well-regulated banking sector, the country has renewed …
Korean group closes deal for 500MW Oman solar project
Leading South Korean group Kowepo (Korea Western Power) said it has officially signed the contract with Oman Power and Water Procurement Company (OPWP) for the development of a 500 MW solar plant in …
Oman: Economic Snapshot 2023
QAIS AL YOUSEF: Highlighting the sultanate’s progress in efforts to expand opportunities in the business environment and attract foreign direct investment (FDI), Oman was named fourth in the FDI …
Oman: Total assets of Islamic banks and windows rise by 10%
Muscat: The total assets of Oman’s Islamic banks and windows combined increased by 10 percent to about OMR6.6 billion at the end of March 2023 compared to the same period last year. In terms of market …
Oman: CMA approves merger of Omani Qatari Insurance Company and Vision Insurance
CMA emphasises that the merger of an insurance company is a healthy phenomenon that contributes to enhancing the robust financial position …
The Report: Oman 2023
Oman has also pledged to reduce its greenhouse gas emissions by 7% compared to the business-as-usual scenario by 2030. Oman’s reserves of natural gas are set to play a leading role in fuelling …
Oman Air offers up to 20% off Business and Economy Class fares in ‘Global Summer Escape Sale’
Gearing up for the summer, Oman Air, the national carrier of the Sultanate of Oman, has launched its Global Summer Escape Sale.