Hotel industry here in Oman should be able to adapt relatively quickly, although older, one- and two-star establishments will find it difficult to retain any semblance of a clientele …
Oman selects head of new wealth fund unit
A royal decree last week said the $14.3 billion State General Reserve Fund and the $3.4 billion Oman Investment Fund, both based in Muscat, will be brought together under the new unit. Asset figures …
Oman’s ruler announces 300 million Omani riyals in development projects – state news agency
Oman’s ruler announced 300 million Omani riyals ($779.26 million) in development projects to support the country’s economic growth, the state news agency said on Tuesday.
Oman Police arrest woman for drug smuggling attempt
An African woman was arrested at Muscat International Airport for attempting to smuggle drugs, Royal Oman Police reported on Tuesday. The woman allegedly tried to smuggle 6.5kg of marijuana and 300 …
COVID-19: Oman reports 712 further cases, 2 deaths
Oman has recorded 712 new cases of the novel coronavirus, bringing to 18,198 the country’s overall infections, the Omani news agency ONA reported Tuesday. The newly diagnosed cases include 362 Omanis …
Sultan Haitham appoints head of new Oman Investment Authority
Oman will combine its two wealth funds into one entity, which will hold assets valued at about $17 billion. Oman’s Sultan Haitham bin Tarik has appointed Abdulsalam al-Murshidi as head of the newly …
Coronavirus: Oman reports 712 new Covid-19 cases
The Ministry of Health in Oman on Tuesday reported 712 new cases of the Covid-19 coronavirus. Of the new cases, 362 were Omanis, while 350 were non-Omanis. With this, a total of 18,198 cases have been …
IndiGo Brought Back Over 1,000 Indians From UAE, Oman, Maldives In June
IndiGo operated six special international charter flights since the beginning of June and brought back more than 1,000 people who were stranded in different countries due to the coronavirus pandemic.
Visit visas auto-renewed till June 15: Royal Oman Police
Expatriates, who hold a valid residence visa in the Sultanate but were away during the Covid-19 and couldn’t return before the lockdown, can renew their visas online, according to the Royal Oman …
Tax Card system set for launch in Oman
The amended Income Tax Law promulgated by Royal Decree 9/2017 mandated the introduction of the Tax Card for all taxpayers in the Sultanate. A unique tax identification number on t …