Oman experienced a modest 0.81% inflation increase from January to May 2025, according to the Ministry of Economy. While import and producer costs rose, government initiatives and food price controls …
Mercure Muscat promotes Mahmoud Said to executive assistant manager – in charge of finance
The Accor veteran steps into a senior leadership role following over 16 years in hospitality finance across Egypt and Oman. Mercure Muscat promotes Mahmoud Said to executive assistant manager – in …
Tickmill Sets Up Shop in Oman, Eyes Deeper Reach in Gulf Markets
Tickmill has opened a new office in Muscat, Oman through a partnership with local investment firm ProTrade, as the London-headquartered brokerage looks to …
Live in Oman for 10 years: How to qualify for long-term residency by investment
Oman offers renewable residencies to foreign investors through its Investor Residency Program, requiring investments of OMR 250,000 for five years or OMR 500,000 for ten years. The program allows self …
Non-bank financing spurs Oman’s private sector growth
MUSCAT: The alternative financing sector is gaining traction in Oman, emerging as a key catalyst for private sector development, according to …
Non-bank financing spurs Oman’s private sector growth
MUSCAT: The alternative financing sector is gaining traction in Oman, emerging as a key catalyst for private sector development, according to …
Oman’s trade balance tumbles as oil prices fluctuate
The trade balance of Gulf oil producers is highly vulnerable to oil price fluctuations and that has proven to be the case for Oman, where the balance dipped by nearly 30 percent this year. The decline …
Oman’s trade balance tumbles as oil prices fluctuate
The trade balance of Gulf oil producers is highly vulnerable to oil price fluctuations and that has proven to be the case for Oman, where the balance dipped by nearly 30 percent this year. The decline …
US defense official reacts to Iran’s claims about encounter with warship
A U.S. Navy warship’s interaction with an Iranian helicopter in the Gulf of Oman was safe and professional, contrary to Iranian state media claims.
Iran state TV says an Iranian navy helicopter confronted a US destroyer in the Gulf of Oman
The incident was the first direct encounter reported between Iranian and U.S. forces since the 12-day war between Iran and Israel.