With the moratorium on loan repayments – a key policy response adopted by the Omani government for the benefit of pandemic-impacted borrowers – having come to an end …
Higher interest rates could impact bank credit growth in Oman
Elevated interest rates could potentially dampen bank lending growth in the Sultanate of Oman, a report by Fitch Solutions – an affiliate of Fitch Ratings – has …
Soft opening of ‘Invest in Oman’ portal before year-end
The Ministry of Commerce, Industry and Investment Promotion, in cooperation with the Embassy of the United Kingdom in Muscat, hosted the Oman-British Investment Forum on …
Pact to establish Oman’s first hyperscale cloud region
JmObserver – The Government of the Sultanate of Oman will implement a second Oracle Dedicated Region Cloud@Customer to help meet national data sovereignty requirements …
Vodafone Oman extends partnership With Netcracker
Vodafone Oman has added analytics, DevOps processes and an integration layer to its ongoing engagement with Netcracker. This latest expansion to the partnership will, says Netcracker, further add to …
Over 15,000 livestock shipped to Oman as Kenya launches monthly exports
Al Bashayer Meat Company, an Omani-based company will now be doing a 30-day rotation between the ports of Lamu and Salalah.Livestock export business is poised to open Lamu and the northern frontier …
Duqm SEZ to fuel Oman’s clean energy aspirations
The Public Authority for Special Economic Zones and Free Zones (OPAZ) has underscored the pivotal role of Duqm SEZ in crystallising Oman’s ambitions to develop a …
Bank Nizwa highlights opportunities for Islamic Finance
Muscat: In line with its unwavering commitment to spearhead transformation in the Islamic banking sector, Bank Nizwa recently participated as the Lead Partner at the 7th annual IFN Oman Forum which …
Household debts decline in Oman
Muscat: The debt of households owed to the banking sector declined for the second consecutive year, according to the Financial Stability Report of the Central bank of …
Oman supports Opec+ decision on oil product cut
Muscat: The Sultanate of Oman has confirmed its support for the Opec Plus member states’ decision to partially oil production, which is based on economic considerations and …