The implementation of a 5% value-added tax in Oman this year is seen bringing in 300 million rials ($779 million), the Oman News Agency reported Saturday, citing the Gulf nation’s finance minister.
Oman aviation group, Transom company have been dissolved: Finance ministry
Oman Aviation Group and Transom company have been dissolved and their subsidiaries and tasks distributed to Oman Air and Oman Airports Management Company, the finance ministry said in a tweet on …
Oman, Sri Lanka to cooperate in academic field
The Ambassador of Sri Lanka to the Sultanate of Oman, Ameer Ajwad, met with the new Vice Chancellor of the Sultan Qaboos University (SQU) HH Dr Fahad Al Julanda Al Said on the university premises in M …
Oman: 16 expats jailed and face deportation for violating COVID-19 precautions
A total of 16 expatriates in Oman have been sentenced to six months in prison, fined OMR 500 and are facing deportation for taking part in gambling and violating the Supreme Committee decisions. In a …
Oman poultry major aims to increase revenue, production in 2021
Dhofar Poultry Company is betting big on the Oman and wider Gulf market during 2021 with ambitions to grow its revenues to OR12 million ($31.1 million), up OR2 million from last year. With its …
How to book Oman Air flights using Etihad Guest miles (as BA has dropped Muscat)
This article looks at how to book Oman Air flights using frequent flyer miles. In 2019 I did a trip to Oman, a country I had wanted to visit for some time, with Oman Air. I had planned to return with …
Oman foresees US$5.7 bn deficit in pared down 2021 budget
The Gulf sultanate of Oman unveiled a 2021 budget on Friday that foresees a deficit of 2.24 billion riyals (US$5.7 billion), despite a 14 percent cut in spending.
Oman: Residents enjoy the great outdoors as temperatures dip
As temperatures dipped in Oman’s capital, people ventured outdoors to enjoy the stronger-than-usual breeze, cooler weather, and the cheerful mood. People staying in Muscat and Ruwi side took to the …
Lanka thanks Oman for ‘amnesty’ extended to Sri Lankan workers
The 4th Technical Committee Meeting under the Memorandum of Understanding (MoU) in the Field of Labour and Training between Sri Lanka and the Sultanate of Oman was held on December 23, 2020 via video …
Challenges facing Oman’s economy after turbulent year
The coronavirus disease (COVID-19) pandemic has roiled Oman’s economy, with real gross domestic product (GDP) poised to shrink 5 percent this year, according to S&P Global Ratings. (Shutterstock/File …