Saudi Arabia’s Minister of Foreign Affairs Prince Faisal bin Farhan discussed by phone bilateral relations and regional issues with his counterparts from Kuwait and Oman, the Saudi Press Agency (SPA) …
Saudi Arabia, Oman compete for control in Yemen’s Mahra
However, its geographic position along the border of Saudi Arabia and Oman made it a sought-after zone of control for both countries. Recently, al-Mahra witnessed unprecedented divisions among local …
Oman outlaws single-use plastic bags
The Environment Authority (EA) of Oman has reportedly confirmed the ministerial decision 23/2021 to ban single-use plastic shopping bags in…Read …
Tethys Oil spuds exploration well on Block 49 in Oman
Swedish energy firm Tethys Oil has announced that drilling operations of exploration well Thameen-1 on Block 49 onshore Oman has commenced. The well is planned to be drilled to a depth of about 4,000 …
Stores stock up on reusable bags as plastic bag ban commences in Oman
Many shops in Oman had to order for reusable bags, following the ban on single-use plastic bags in the country. With a ban on plastic bags starting on 1 January, many outlets had already made …
Oman expected to add $779m in revenue from VAT this year
The implementation of a 5 per cent value-added tax in Oman this year is seen bringing in OMR300m ($779m), the Oman News Agency reported Saturday, citing the Gulf nation’s finance minister. Oman’s 2021 …
Fixed number portability comes to Oman
Middle East technology & IT news portal including latest information technology news,Business technology & Tech news,Multimedia news,Product reviews & information,Software,Hardware,Computer tech & …
Oman estimates Dh21.4bn budget deficit in 2021
Oman’s Sultan Haitham Bin Tarik has issued a royal decree, approving the state’s general budget for the financial year 2021. The Arabian Gulf state is projecting a 2.24 billion Omani rials deficit in …
Oman Expected to Add $779 Million in Revenue From VAT This Year
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 …