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 …
Operator sought for PPP-based Oman Business Platform project
The Ministry of Finance (MoF) has launched a competitive tender to procure the services of a private Omani firm to develop and …
Oman Will Seek Talks With BP, Shell to Secure Latest LNG Project
The future of Oman’s next liquefied natural gas production facility hinges on private investments from some of the world’s biggest energy companies. Most Read from BloombergBrace for a Nationwide …
Oman’s Islamic finance market to hit $40bln in the medium-term: Fitch
As of end-Q3 2024, total assets of Oman’s Islamic banks and windows reached approximately $21.3bln, with Islamic banking holding a market share of 18.7% of the Omani banking sector’s total assets, acc …