Oman has implemented a new requirement for all financial transfers.The Central Bank of Oman had earlier announced that the International Bank Account Number (IBAN) will be mandatory for all domestic …
World Bank appoints new country manager for Oman
IFC also aims to bolster the country’s sustainable finance market. IFC’s latest investments include US$120mn investment in NFC …
India-Oman DTAA amended: What does the new tax treaty mean for salaried professionals, freelancers, and business owners? What experts say
India and Oman have updated their Double Taxation Avoidance Agreement to better reflect current global tax standards, effective May 28, 2025. The revised agreement aims to eliminate double taxation …
Nepal promotes trade, investment and manpower cooperation with Oman
Muscat – Embassy of Nepal in Muscat hosted a trade, investment, employment and tourism promotion event last week aimed at strengthening bilateral cooperation with Oman in key sectors including …
Brookfield Nears First Deal in Oman With Telco Firm Stake
Brookfield Asset Management Ltd. is nearing a deal to invest in a telecommunications tower operator in Oman, according to people familiar with the matter, marking the firm’s first foray into the …
Brookfield Nears First Deal in Oman With Telco Firm Stake
Brookfield Asset Management Ltd. is nearing a deal to invest in a telecommunications tower operator in Oman, according to people familiar with the matter, marking the firm’s first foray into the …
Oman’s manufacturing sector adds RO 3.6 billion to GDP in 2024
MUSCAT: The manufacturing sector has emerged as a key engine of economic growth in the Sultanate of Oman, recording the highest growth rate among …
Oman: OAB unveils capital boost to power SME growth and digital innovation
Such endeavours further enhance Oman Arab Bank’s vision-driven approach for supporting Oman’s economic aspirations with financial caution and preparedness to expand …
Nepal Embassy promotes trade, jobs and tourism in Oman
MUSCAT: The Embassy of Nepal in Muscat successfully organised a Trade, Investment, Employment, and Tourism Promotion Event on June 25, …
Oman Set to Introduce Personal Income Tax by 2028
The Sultanate of Oman is moving forward with plans to implement a personal income tax by the year 2028, marking a significant policy shift in the Gulf region’s fiscal landscape. This initiative is …