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 …
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 …
Mobile payments surge in Oman as CBO advances digital systems
The impressive growth in mobile payments is part of a larger vision aligned with Oman Vision 2040, positioning the Sultanate as a leader in the region’s digital financial evolution. The Central Bank …
TotalEnergies, OQAE to Develop 300-MW Renewable Project in Oman
TTE and OQAE sign a deal to develop 300 MW of renewable energy projects in Oman. This is in sync with TTE’s goal of supporting the Sultanate in its energy transition.
BankDhofar wins ‘Best Trade Finance Bank in Oman’ award by GTR
Muscat| BankDhofar is proud to announce that it has been recognized as the leading Trade Finance bank in Oman by Global Trade Review (GTR). This prestigious award reinforces the bank’s commitment to …
Oman Secures 4th Spot Globally For Quality Of Life
The Sultanate of Oman has achieved a major milestone by securing the top position in Asia and an impressive fourth globally in the Quality of Life Index, as per Numbeo’s mid-year 2024 report. This ach …
Facilities management firm to elevate Oman’s infra sector
Omdaad will deliver a comprehensive suite of integrated services, including mechanical, electrical, and plumbing (MEP) solutions, pest control, wastewater management, fire safety systems, and façade c …
Oman unveils National IP Strategy at key expo
Muscat: Oman’s Ministry of Commerce, Industry, and Investment Promotion (MoCIIP) inaugurated the National Intellectual Property (IP) Exhibition …
Oman: State revenues rise 4% to over $26bln by Oct-end
October, in particular, saw a 12 per cent year-on-year rise in revenues, climbing from RO 1.525 billion last year to RO 1.734 billion this year. These figures are a testament to Oman’s ability to …