Muscat: The Central Bank of Oman (CBO) raised OMR42 million by way of allotting treasury bills on Tuesday.
A timeline of Yemen’s slide into conflict and war
Saudi and Omani delegations have been holding talks with Houthi officials in the Yemeni capital Sanaa as Riyadh seeks to end its military involvement in the latest chapter of conflict in Yemen’s …
Will war in Yemen come to end?
Optimism is running high about reaching a peace agreement between Yemen’s warring rivals to end the 9-year deadly conflict in the country. On Saturday, Saudi and Omani delegations arrived in the …
Businessman to build 300 homes for the needy in Oman
Muscat: The Indian millionaire businessman who started his professional career in the Sultanate, signed a Memorandum of Understanding (MoU) with …
Oman seeks to broaden international collaboration in the field of green hydrogen production
The Sultanate of Oman is a country in the Middle East. It is known for its large oil and gas reserves, which have supported its economy for a …
Oman leads the way: The rise of renewable energy in the GCC and beyond
As the Middle East and North Africa region continues to grapple with the Covid-19 pandemic and its economic fallout, Oman’s economy is showing …
The Oman Air Fleet In 2023
One such airline from this part of the world is Oman Air, which flies an exciting mix of aircraft from rival manufacturers Airbus and Boeing. While these are just eight years old on average, they are …
Medium Term Fiscal Plan drives Oman’s financial recovery: MoF
Oman’s Ministry of Finance (MoF) has credited the government’s fiscal stability and sustainability programmes for the …
Oman’s Inflation Rate is the Lowest Among Arab Countries
The global inflation index from Financial Times indicated that Oman’s inflation rate has dropped to 1.9% and is the lowest among Arab countries. Read More: 5.8 Magnitude Earthquake Strikes Off Oman’s …
UN envoy encouraged by peace talks between Yemen stakeholders
The United Nations envoy for Yemen said on Tuesday that he was encouraged by the “depth and seriousness” of talks between stakeholders in Yemen, including in a visit by Saudi and Omani delegations to …