On the evening of Tuesday 17th January, fintech company Beehive, a Capital Market Authority (CMA) regulated crowdfunding platform, officially celebrated launching in Oman with an event at the Crowne …
Raysut Cement posts RO 93.6m loss in 2022
Raysut Cement, the biggest cement manufacturer in the Sultanate of Oman, has posted a post-tax loss of RO 93.686 million for the financial year ended December 31, 2022 – in the first such filing by …
Abdulwahab’s Office Announces New Investment Opportunities for 2023
real estate, the knowledge-based economy, IT, technology, and most recently the gaming industry. The business is committed to making a positive contribution to Oman Vision 2040, and a core part of its …
Muriya unveils premium waterfront residential project in Oman
Leading Omani developer Muriya has announced the launch of its premium waterfront residential resort development, Amazi, located within its flagship destination, Hawana Salalah, in the sultanate.
OIA welcomes $5 billion Saudi investment allocation to Oman
Abdulsalam al Murshidi, President of Oman Investment Authority (OIA), revealed that the Saudi Public Investment Fund, on the …
OIA welcomes $5 billion Saudi investment allocation to Oman
Abdulsalam al Murshidi, President of Oman Investment Authority (OIA), revealed that the Saudi Public Investment Fund, on the …
Oman to develop National Aviation Strategy 2040
Buoyed by the strong post-pandemic recovery of the civil aviation industry, the Civil Aviation Authority (CAA) of the Sultanate of Oman has …
Oman invites proposals for PPP-based drug rehab Centre of Excellence
Plans by the Omani government to rope in the private sector in the development and operation of a drug rehabilitation centre in Suhar on a Public Private Partnership (PPP) basis continue to make …
Iraq extends visa waivers for GCC ‘brothers’ beyond Gulf Cup
It brings together teams from the six Gulf Co-operation Council states — the UAE, Saudi Arabia, Kuwait, Bahrain, Oman and Qatar — as well as Iraq and Yemen. To encourage GCC citizens to come and …
Oman may achieve fiscal surplus again in 2023: Moody’s
International ratings agency Moody’s said in a report on Wednesday that the Sultanate of Oman is likely to achieve a fiscal …