Located within driving distance of the UAE, Muscat is a great option for a quick getaway. And with the first Avani hotel in the sultanate having opened earlier this year, quick escapes to Oman can …
Total deposits held in Oman’s banking sector tops over $67bln
Muscat: The total deposits in Oman’s banking sector grew by 5.2 per cent to reach OMR26.2 billion at the end of August 2022. Within this total, the private sector deposits with the banking system …
Total deposits in Oman’s banking sector rise
The data issued by the Central Bank of Oman indicated that the credit granted to the private … Data related to its distribution over various sectors indicated that non-financial companies acquired …
Oman banks prepped for problem loans following end of repayment moratorium
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 …
Oman banks prepped for problem loans following end of repayment moratorium
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 …