Oil and gas output to help pay for renewables shift (Adds share price, detail) LONDON, Oct 12 (Reuters) – BP has started production at Oman’s giant Ghazeer natural gas field, which is set to underpin …
Oman exempts key sectors from 5% VAT
Oman has exempted some key sectors such as healthcare, education and finance from the value-added tax which will be levied over the next six months. State-run Oman TV last week said that five per cent …
Oman Air, Amouage honour 50 women achievers
National carrier Oman Air said it has joined hands with international luxury fragrance house, Amouage, to recognise and honour Omani female leadership on the country’s Women’s Day. Omani Women’s Day …
Oman: Police made 136 arrests in September for theft
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 …
Dony Garment 3Ply FDA Cloth Face Mask Supplier to KSA, Egypt, UAE, Qatar, Morocco, Kuwait, Oman, Jordan, Bahrain
DONY Dony Garment provides premium quality and certified antibacterial fabric face masks especially for tough markets such as Europe, America, and Middle Eastern countries for wholesale, bulk, and …
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 …