Economic and industry experts have commended Oman’s general budget for 2025, describing it as balanced while maintaining support for social welfare. They also highlighted a positive step towards …
Chinese hydrogen-powered automaker eyes Oman presence
Wisdom Motor, a Chinese-based technology company specialising in the design and manufacture of zero-emission commercial vehicles, …
Oman resuming copper exports after 30 years could fuel economic diversification
Oman is resuming copper exports after three decades in a move set to help diversify its economy and help the country increase its exposure to mined commodities. This week, Minerals Development Oman …
Oman: Asian Arab Business Forum 2024 strengthens ties to forge global partnerships
“Oman is not just a destination for business but a gateway for global trade,” she said. “Through platforms like this forum, we aim to showcase Oman’s investment-friendly policies and position our …
Oman targets PPP-based health and education projects in 2025
MUSCAT: The Ministry of Finance, which oversees the procurement of all projects conceived under the Oman government’s Public Private …
Oman earmarks $11.5 billion budget towards key sectors
MUSCAT: Oman has earmarked a sizable investment budget of $11.5 billion (RO 4.44 billion) towards key sectors of the economy in 2025, signaling …
Oman estimates budget deficit of $1.6bn in 2025
Spending to increase 1.5% Forecast based on $60 oil price Target of 3% GDP growth Oman estimates a budget deficit of OR620 million ($1.61 billion) in 2025, with total spending likely to …
Oman expects $1.6 billion budget deficit this year, state news agency reports
DUBAI: Oman expects a 620 million rial ($1.61 billion) deficit in its 2025 budget, with total spending up 1.3% …
Oman Budget 2025 focuses on sustainability, social welfare
Muscat: The Ministry of Finance has announced Oman’s general budget for the fiscal year 2025, unveiling a strategic plan aimed at …
Oman Budget 2025 focuses on sustainability, social welfare
Muscat: The Ministry of Finance has announced Oman’s general budget for the fiscal year 2025, unveiling a strategic plan aimed at …