“The economy is already suffering and we should think of boosting the business and improve the purchasing power and investment opportunities in Oman. VAT in the long run is surely an earner for …
Oman Budget Revenues Plummet Amid 35 Percent Fall in Net Oil Income
General spending fell 8.8 percent until the end of February 2021 compared to the same period of 2020 Oman’s general budget revenues fell in the first two months of 2021 as net oil income dropped 35 …
BPCL investment in Bharat Oman Refineries is a positive; Divestment possible by September, says Anil Singhvi
Singhvi said that Saudi Arabia and Oman don t share a healthy relationship. So it is important for BPCL to buy stake in their business over there. So it is important for BPCL rather than getting …
Oman borrowed 600 million rials from sovereign fund, 1.77 billion rials from other sources
Oman has borrowed 600 million rials ($1.56 billion) from its sovereign fund, the Oman Investment Authority, and another 1.77 billion rials through external and internal borrowings to partly finance …
Royal Oman Police request public to avoid rushing out near curfew time
Muscat: The traffic snarls around various localities in Oman’s capital close to the curfew time of 8pm has been a regular phenomenon which the Royal Oman Police have noted and requested general …
Minor tremors felt in UAE after earthquake in Oman Sea
According to the National Centre of Meteorology and Seismology, tremors were felt in the UAE. The earthquake occurred at a depth of 10 kilometres. A statement issued by the NCM said: “A 2.7 magnitude …
Bharat Petroleum signs SPA for acquisition of 36.62% stake in Bharat Oman Refineries
Bharat Petroleum Corporation announced that a share purchase agreement has been signed on 31 March 2021 between BPCL, Bharat Oman Refineries (BORL) and OQ S. A. O. C (“OQ” formerly known as Oman Oil …
Unity Business Exhibition debuts in Dubai Anishkaa Gehani addresses on the importance of PR in the new normal
The next speaking forum was led by Ms. Rupa Jha, CEO of Black Swan who highlighted the Ease of Doing Business in UAE and Oman and how can one set up their business in UAE and Oman. Digitalization …
Unity Business Exhibition debuts in Dubai Anishkaa Gehani addresses on the importance of PR in the new normal
The next speaking forum was led by Ms. Rupa Jha, CEO of Black Swan who highlighted the Ease of Doing Business in UAE and Oman and how can one set up their business in UAE and Oman. Digitalization …
Oman students return to remote learning amid heightened Covid-19 restrictions
Students in Oman have been ordered to return to online learning from Sunday as part of heightened measures aimed at controlling the spread of coronavirus, according to the state-run Oman News Agency …