The average profits of Omani banks declined by 34.2 per cent for the first half of 2020 compared to the same period in 2019, as a reduction in credit flow, revenue compression and increase in …
SMEs, tourism to help revive Oman’s economy
Oman’s commitment towards pursuing its economic diversification plans, with focus on SMEs and tourism even during challenging times, would help to revive the economy next year. The economy is expected …
SMEs, tourism to help revive Oman’s economy
Oman’s commitment towards pursuing its economic diversification plans, with focus on SMEs and tourism even during challenging times, would help to revive the economy next year. The economy is expected …
Saudi Arabia raises November crude official prices to Asia
Saudi Arabia’s state oil producer Aramco raised its November official selling price (OSP) for its Arab Light crude to Asia by $0.10 a barrel, setting it at a minus $0.40 per barrel versus Oman/Dubai …
Oman’s Ministry of Health to cut costs by reducing workers
The Omani Ministry of Health has issued a circular containing a set of measures aimed at controlling spending that include among other steps, reducing the number of workers in certain professions and …
Oman Central Bank Warns on Crypto ‘Risk,’ Singles Out Dagcoin
The Central Bank of Oman (CBO) has warned citizens and residents of the “high risks†of using cryptocurrencies in a statement issued through the Oman News Agency. The CBO said crypto assets …
Oman Central Bank Warns on Crypto ‘Risk,’ Singles Out Dagcoin
The Central Bank of Oman (CBO) has warned citizens and residents of the “high risks†of using cryptocurrencies in a statement issued through the Oman News Agency. The CBO said crypto assets …
EU adds Barbados, Anguilla to tax haven list, removes Cayman Islands, Oman
European Union finance ministers added Anguilla and Barbados to the EU’s blacklist of tax havens on Tuesday and removed Cayman Islands and Oman after they passed the necessary reforms.
Oman: Number of SMEs Registered in 2020 Exceed 45,700
The total number of Omani Small and Medium Enterprises (SMEs) registered with the Small and Medium Enterprises Development Authority at the end of Augus …
45,706 SMEs registered in Oman till August 2020
The total number of Omani Small and Medium Enterprises (SMEs) registered with the Small and Medium Enterprises Development Authority at the end of August 2020 stood at 45,706. This is an increase by …