FATF mutual evaluation report commended Oman for implementing extensive legal, legislative, and supervisory reforms to strengthen its systems …
Oman Investment Authority buys stake in US AI company xAI
Oman Investment Authority (OIA), the sultanate’s sovereign wealth fund has acquired a stake in xAI, a US-based artificial intelligence company owned by entrepreneur Elon Musk, Oman News Agency …
Oman Investment Authority buys stake in US AI company xAI
Oman Investment Authority (OIA), the sultanate’s sovereign wealth fund has acquired a stake in xAI, a US-based artificial intelligence company owned by entrepreneur Elon Musk, Oman News Agency …
Fitch upgrades Oman’s outlook to positive
Fitch Ratings recently revised Oman’s outlook from “Stable” to “Positive” while affirming its Long-Term Foreign-Currency Issuer …
Expert: co-operation with Oman benefits Belarusian economy
The working visit of the President of Belarus, Aleksandr Lukashenko, to the Sultanate of Oman ended with the signing of a number of …
Over $34mln new development unveiled in Oman’s Sultan Haitham City
Muscat – Tibiaan Real Estate Company officially unveiled a neighbourhood called Al Nuha in Sultan Haitham City, a landmark project with an investment value of RO13.4mn, on Monday.
Debit cards shape Oman’s payment landscape
As banks and PSPs continue to innovate and introduce new features, the Central Bank of Oman (CBO) is working to support the growth of this digital payment ecosystem, ensuring the continued evolution …
Residential Real Estate Leases – Oman
The Residential Real Estate Leases market in Oman is experiencing significant growth and development. Customer preferences, trends in the market, local special circumstances, and underlying …
Oman’s bank credit rises 4.8% in October, deposits surge 13%
Muscat – Oman’s banking sector saw total credit outstanding grow by 4.8% year-on-year, reaching RO31.9bn by the end of October 2024, according to the Central Bank of Oman’s data.
Oman maintains one of the world’s lowest inflation rates
MUSCAT: Oman has successfully maintained one of the lowest inflation rates globally, thanks to proactive economic policies aimed at …