The Omani government posted a budget surplus of RO784 million ($2.04 billion) at the end of the first half of 2022, Oman’s state news agency repo …
Managing flood risks a new imperative for Oman
Judging from footage shared on social media of the devastation unleashed by flash floods across many parts of the Sultanate of Oman last week, it is likely that the …
A villa for a large family in Oman, reinterpreting Arab traditions
Michele Zago graduated in architecture from the IUAV in Venice, where he had the opportunity to work with Professors Gregotti, Aymonino, Ferlenga, and Purini. Under the guidance of Prof. Carlo Magnani …
Modest decline in real estate transactions during H1 2022
MUSCAT: The total value of real estate transactions in the Sultanate of Oman during the first half of 2022 amounted to RO 1.179 billion, representing a 7.3 per cent …
Modest decline in real estate transactions during H1 2022
MUSCAT: The total value of real estate transactions in the Sultanate of Oman during the first half of 2022 amounted to RO 1.179 billion, representing a 7.3 per cent …
Oman’s SWF, Die Developer sell Eclipse tower to Union Investment
Union Investment has acquired a 60-metre office tower in western Germany from the Oman Investment Authority and Die Developer Projektentwicklung. Union Investment has paid an undisclosed sum to buy …
Etihad Rail set to accelerate growth in UAE’s property market
Linking the seven emirates from the Saudi Arabia border to the Oman border, the Etihad Rail is an integral part of the UAE Railway Programme. It is expected to be the catalyst for the growth of proper …
Oman: a tempting prospect?
As the Dubai property boom implodes, The Sunday Times’s Peter Conradi suggests you invest in the sultanate’s neighbour, Oman. Until recently, foreigners weren’t allowed to invest in property there.
GS Inima reaches $138m financial closure for Oman desal plant
GS Inima has obtained financing for 100% of the project’s needs by signing a 22-year non-recourse loan under the Project Finance modality and a bridge loan to finance the project’s equity (Equity …
New regulations for home business in Oman
Muscat: Qais bin Muhammad Al Yousuf, Minister of Commerce, Industry and Investment Promotion, issued Ministerial Resolution 473/2022, regulating the practice of home …