The volume of trade between Oman and Iran touched a record high in the last Iranian fiscal year (ending March 20), the head of the Iran-Oman Joint Economic Committee has announced. Mohsen Zarrabi put …
One year journey of VAT in Oman: Key developments and insights
The year 2021 was a momentous and remarkable milestone for the tax regime in the Sultanate of Oman, with the introduction of Value Added Tax (VAT) from April 16, 2021.
Oman’s bourse to introduce short selling, securities lending
The Capital Market Authority (CMA) is preparing to authorise the use of ‘short selling’ for the first time in the Sultanate of Oman – one of a raft of initiatives aimed …
Oman’s bourse to introduce short selling, securities lending
The Capital Market Authority (CMA) is preparing to authorise the use of ‘short selling’ for the first time in the Sultanate of Oman – one of a raft of initiatives aimed …
Pact signed to invest in renewable energy sector: Oman
Oman has developed a policy of switching to alternative energy as part of Oman’s Vision 2040 to reach an average of 39% of the total energy supplied by 2040 …
Pact signed to invest in renewable energy sector: Oman
Oman has developed a policy of switching to alternative energy as part of Oman’s Vision 2040 to reach an average of 39% of the total energy supplied by 2040 …
New record registered in Iran-Oman trade exchanges
Iran’s ambassador to Oman said on Friday that Iran-Oman trade has hit a record high, registering 1.3 billion dollars worth of exchanges.
Oman’s economy on solid path to recovery, says World Bank
MUSCAT: A new World Bank report on the Gulf Cooperation Council (GCC) states foresees a significant improvement in the Sultanate of Oman’s fiscal and external positions in …
Oman Flour Mills procures locally grown wheat
MUSCAT: Oman Flour Mills (OFM) says it is continuing to procure the wheat harvests of Omani farmers as part of its ‘Wealth Is In Our Farms’ initiative aimed at promoting …
Iran-Oman Trade at 20-Year High
Trade between Iran and Oman exceeded $1.33 billion in the last Iranian year (March 2021-22), showing a 53% rise compared with the year before. “The figure marks a 20-year record high,” according to …