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.
Housemaids leaving safe-house illegally not readmitted- Embassy
Referring to the recent video clips circulating on social media alleging ill-treatment of Sri Lankan housemaids at the Embassy’s safe-house, the Sri Lankan Embassy in Oman said it will not re-admit …
The Yemen War Can Be Over — if Biden Wants It
Saudi Arabia, the United Arab Emirates, the Houthis, China, Oman, Qatar, Jordan, etc. — appears to want to put the war behind them. A ceasefire has held for more than a year, and peace talks are …
Oman to Allow 100 Percent Property Ownership for Expats
The move was announced as part of the country’s Tanfeedh plans for economic expansion Plans are underway to allow expats in Oman to own hundred percent of their own property, the government has …