The trade balance of Gulf oil producers is highly vulnerable to oil price fluctuations and that has proven to be the case for Oman, where the balance dipped by nearly 30 percent this year. The decline …
US defense official reacts to Iran’s claims about encounter with warship
A U.S. Navy warship’s interaction with an Iranian helicopter in the Gulf of Oman was safe and professional, contrary to Iranian state media claims.
Iran state TV says an Iranian navy helicopter confronted a US destroyer in the Gulf of Oman
The incident was the first direct encounter reported between Iranian and U.S. forces since the 12-day war between Iran and Israel.
Oman Tightens Banking Restrictions on Russian Firms – Vedomosti
Russian businesses are encountering mounting obstacles in transferring funds through Omani banks as local institutions respond to U.S. sanctions pressure, the Vedomosti business daily reported Tuesday …
Oman Tightens Banking Restrictions on Russian Firms – Vedomosti
Russian businesses are encountering mounting obstacles in transferring funds through Omani banks as local institutions respond to U.S. sanctions pressure, the Vedomosti business daily reported Tuesday …
Minor Hotels names general manager of first Tivoli property in Oman
Global hospitality group Minor Hotels has named Cristian Nannucci as general manager of the Tivoli La Vie Muscat Hotel, which is scheduled to open in the first quarter of 2026. Nannucci will oversee …
Why GCC investors are turning to Oman for property opportunities
Investors find Oman attractive due to its safe and politically stable environment, transparent market conditions, and competitive returns …
New work rules in Oman: Mandatory certification for workers in engineering and finance
Oman is set to enforce mandatory professional certifications for engineers and accountants. Starting August 2025, engineers need OSE certification for work permits, followed by accountants in …
Oman real estate transactions exceed RO 1.1 billion
MUSCAT: The total value of real estate transactions in Oman reached approximately RO 1.113 billion by the end of May 2025, reflecting a 10 per …
Oman’s National Innovation Index team holds meeting
MUSCAT: The National Team for Improving Oman’s Performance in the Global Innovation Index (GII) held its 21st meeting, chaired by Dr Saif …