September for different charges of theft in various governorates of the Sultanate, the Royal Oman Police (ROP) has announced. A statement issued by the ROP said: “Last September, the Royal Oman Police …
Oman denies social media rumours that new academic year will be postponed
Dubai: Oman’s Ministry of Education (MOE) has categorically denied rumours that are being circulated on social media about the possibility of postponing the school academic year for 2020-21. The …
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S&P Follows Suit in Downgrading Oman for 2nd Time This Year
The largest oil exporter outside of OPEC, Oman reportedly discussed receiving financial aid from wealthier neighbors earlier this year to help it weather cheaper crude and the pandemic.
S&P cuts Oman’s sovereign rating a second time this year
S&P Global Ratings took Oman down to a B+ as lower crude revenue and the coronavirus pandemic hit country’s finances.
Oman Soon to Impose VAT to Shore Up Finances
According to the VAT law, the business sector must provide necessary information that helps people choose certain goods and services. Oman will impose a Value Added Tax (VAT) across the country in the …
Lafarge Maldives rebrands to Raysut Maldives Cement
Lafarge Maldives has rebranded to Raysut Maldives Cement following its 75% acquisition by Oman-based Raysut Cement. State Trading Organization retains its 25% stake in t …
Lafarge Maldives rebrands to Raysut Maldives Cement
Lafarge Maldives has rebranded to Raysut Maldives Cement following its 75% acquisition by Oman-based Raysut Cement. State Trading Organization retains its 25% stake in t …
Raysut Cement acquires 75% stake in Lafarge Maldives
Maldives: Oman-based Raysut Cement has announced its acquisition of a 75% stake in Lafarge Maldives for US$8m. The subsidiary of LafargeHolcim operates the 9000t-capacity Thilafus …
Two Americans held hostage in Yemen are released in a deal brokered by the Trump administration
Americans Sandra Loli, an aid worker, and Mikael Gidada, a businessman, were freed as part of a US-backed trade that returned around 240 Iran-backed Houthi loyalists from Oman to Yemen.