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Tag: Oman

Posted on April 2, 2023

S&P changes Oman’s outlook to positive as fiscal performance improves

S&P Global Ratings has revised its outlook on Oman to positive from stable on a growing economy driven by the government’s improved balance sheet and higher oil prices. Oman’s long- and short-term …
Posted on March 31, 2023

UAE based AI-powered full stack commerce and embedded finance firm Sterve forays into Oman

The full stack commerce and embedded finance platform is expanding its territory after witnessing a huge traction in it’s homeland. Sterve is the first ever AI-powered integrated platform in the …
Posted on March 30, 2023

Oman channels financial surplus to reduce public debt by RO 1.1bn

MUSCAT: The Sultanate of Oman on Wednesday repaid part of the government loans, about $1.5 billion, ahead of their date of maturity.At the same …
Posted on March 30, 2023

Troon-managed La Vie Club in Oman reopens its golf course with plans for development

The former Muscat Hills Golf and Country Club, the first fully-grassed golf course in Oman in western Asia, has been rebranded La Vie Club and re-opened under management by Arizona-based Troon. The …

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Posted on March 30, 2023

NBO offers car loans at special rates during ramadan

National Bank of Oman (NBO) recently announced car loans at special rates during the Holy Month of Ramadan. Whether customers are looking to buy a new or pre-owned car, both NBO customers and non-NBO …
Posted on March 28, 2023

Oman’s real estate trading value exceeds RO 447m by the end of Feb 2023

Muscat: The value of real estate trading in the Sultanate of Oman until the end of February 2023 stood at RO 447.3 million compared to RO …

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Posted on March 27, 2023

Oman’s Finance Minister receives Bahraini Ambassador

Muscat, Mar.22 (BNA): Oman’s Finance Minister Sultan bin Salim Al Habsi received Bahrain’s Ambassador to the Sultanate of Oman Dr. Juma Ahmed Al Kaabi. During the meeting, the minister hailed solid …
Posted on March 26, 2023

Oman targets 1 GW of new wind energy projects by 2030

The Sultanate of Oman has lined up for implementation a flurry of wind-based Independent Power Projects (IPPs), offering an …
Posted on March 26, 2023

Oman targets 1 GW of new wind energy projects by 2030

The Sultanate of Oman has lined up for implementation a flurry of wind-based Independent Power Projects (IPPs), offering an …
Posted on March 26, 2023

Oman offers 3 hydrocarbon blocks for investment

The Sultanate of Oman is offering three oil and gas concession areas, Blocks 15, 36 and 54, for investments by local and …

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