DUBAI- Oman is in talks with regional banks to refinance a $2.2 billion loan it took out early last year, seeking to increase its size to between $3 billion and $4 billion, two sources familiar with …
Oman’s 2022 budget deficit to be smallest in 11 years
MUSCAT: Oman’s budget deficit narrowed sharply to just RO 1.22bn (-4.0 per cent GDP) in 2021, according to preliminary estimates, compared to the RO 4.4bn (-15.8 per cent …
Bank Muscat Green Finance: Facilitating a sustainable future
MUSCAT: The recent celebration of the Omani Environment Day on January 8 once again highlighted the keen focus with which the Sultanate has been implementing different …
$49mln financing pact signed for major mining project in Oman
Muscat: As part of its continued efforts to further support major industries in the Sultanate, Sohar International recently signed an agreement with Al Hadeetha Resources to extend OMR19 million worth …
Bangladesh envoy: Oman labour market to remain lucrative in 2022
Constant campaigns of the embassy have encouraged many Omani employers in remote places of the Sultanate to recruit workers from Bangladesh, says Maushumi Rahman …
Bangladesh envoy: Oman labour market to remain lucrative in 2022
Constant campaigns of the embassy have encouraged many Omani employers in remote places of the Sultanate to recruit workers from Bangladesh, says Maushumi Rahman …
Dedicated business desk to build on robust Oman-UK ties
The Omani Ministry of Commerce, Industry and Investment Promotion will shortly set up a special section to focus solely on trade and investment proposals or queries emanating …
Oman Budget 2022: Maintaining balanced financial stability
Oman budget represents the second year of the Tenth Five-Year Development Plan (2021-2025) (FDP), which paves the way to implement Oman Vision 2040 development objectives. The budget was prepared in …
Oman desalination plant operator set to launch IPO
Barka Desalination Company announces plan to offer 40% of shares through listing on Muscat Stock Exchange Oman desalination plant operator set to launch IPO Barka Desalination Company, desalination …
2022 Oman Budget seeks to achieve fiscal sustainability
Oman budget is prepared in accordance with the objectives of the Tenth-Five Year Development Plan (2021-2025). This represents the first plan of Oman Vision 2040, which aims to achieve financial …