The Central Bank of Oman (CBO) says it is modernising the country’s payments settlement system to enable round-the-clock operations, among other …
bp Oman launches ‘People at bp Oman’ book
MUSCAT: bp Oman launched a book during a recent event to celebrate its staff achievements and development journeys titled ‘People at bp Oman’. During the event, bp Oman …
Creating jobs for citizens spurs Oman Vision 2040
Oman’s Ministry of Labour’s decision to reserve many categories of jobs for citizens by limiting access to foreign workers takes forward the statutes of Omanisation plan.
205% rise in hotel revenues in Oman
The hotel industry in the Sultanate of Oman is back on the track in the first five months of 2022 when revenues registered a massive 205 per cent rise in May thanks to the rise in the count of guests.
Oman’s plan to introduce Islamic money market instruments is positive for sector
Oman’s plan to introduce Islamic money market instruments will support the growth of the Islamic sector and diversify lenders’ assets, according to Moody’s. Last week, the Central Bank of Oman (CBO) …
Oman’s plan to introduce Islamic money market instruments is positive for sector
Oman’s plan to introduce Islamic money market instruments will support the growth of the Islamic sector and diversify lenders’ assets, according to Moody’s. Last week, the Central Bank of Oman (CBO) …
Confidence in Oman’s financial system significantly rises in 2022
The removal of COVID-19 restrictions and higher oil prices have boosted Oman’s economic recovery and significantly raised the confidence in the stability of macro-financial system in 2022, according …
Confidence in Oman’s financial system significantly rises in 2022
The removal of COVID-19 restrictions and higher oil prices have boosted Oman’s economic recovery and significantly raised the confidence in the stability of macro-financial system in 2022, according …
Climate change poses new risk to Oman’s financial stability: CBO
The Central Bank of Oman (CBO) has warned that climate change could pose a threat to Oman’s financial system, potentially in the form of direct physical shocks as well …
Ominvest acquires top property insurance firm RSA Mideast
National Life and General Insurance Company (NLGIC), a flagship insurance subsidiary of Oman International Development and Investment Company (Ominvest), said it has successfully completed the …