The British military’s United Kingdom Maritime Trade Operations initially reported it as an attack with gunfire off Nishtun, in Yemen’s far east near the border with Oman. But by Friday afternoon …
Oman trade volumes soar to RO 44.9 bn in value
The value of Omani imports and exports soared 33 per cent to reach a value of RO 44.9 billion at the end of 2022, up from RO …
Oman real estate deals hit $1.9bn in March
Value of real estate transactions in Oman increase 24.3% in a year Oman real estate deals hit $1.9bn in March Real Estate …
Value of real estate deals up 24.3% in Oman: NCSI
The value of real estate transactions in the sultanate increased 24.3 per cent to RO730.1mn in March, compared to the same period in 2022, according to the latest data released by the National Centre …
Sohar Port and Freezone contributes RO 600 million to Oman GDP
Sohar Port and Freezone, a key economic hub in the Sultanate of Oman, is currently contributing around RO 600 million per annum to …
Sohar Port and Freezone contributes RO 600 million to Oman GDP
Sohar Port and Freezone, a key economic hub in the Sultanate of Oman, is currently contributing around RO 600 million per annum to …
GHEDEX 2023 begins, themed on building Oman’s human capital
MUSCAT: Building Oman’s human capital is the theme for GHEDEX 2023 inaugurated on April 30 under the auspices of Dr Rahma bint Ibrahim …
Non-oil sector in Oman likely to witness a growth in 2023
Muscat: A steady growth is expected in the non-oil sector in the Sultanate of Oman during 2023. According to a report issued by the Institute of International Finance (IIF), the growth of the non-oil …
Iran capture of US-bound oil tanker may have been retaliation, official says
The United States recently redirected a tanker attempting to ship Iranian crude oil to China, an action that likely triggered Tehran’s seizure this week of an oil tanker in the Gulf of Oman, U.S.
Oman economy set for new phase of energetic growth
The Omani economy is poised for a recovery, buoyed by massive projects, diversification of income sources, and optimal utilisation …