The Sultanate of Oman today prepaid part of the government loans, about US$1.5bn, before their maturity date. In total, the government managed to reduce by the...
The Ministry of Energy and Minerals has announced a tender offering seven mining blocks for investment in 2023. The mines are spread across Dhofar, North Al...
The European Union (EU) has agreed on one of its most ambitious and far-reaching elements of its Green Deal: a ban on new sales of combustion-engine...
Saudi Arabia is working on a new law permitting foreigners to buy property according to a report by Saudi Gazette. Abdullah Alhammad, CEO of the Real...
The value of real estate trading in the Sultanate of Oman until the end of February 2023 stood at RO447.3mn compared to RO381.1mn until the end...
The Sultanate of Oman’s production of crude oil and condensates during February 2023 stood at 29.7 million barrels, or a daily average of 1.06 million barrels,...
His Majesty Sultan Haitham bin Tarik held a meeting at Al Alam Palace today with businesspersons and owners of small and medium enterprises (SMEs). At the...
Committed to the socio-economic progress of the nation, Sohar International has extended its support as the main partner for the ‘Invest Oman’ hall that has been...
The inflation rate of the Consumers Price Index (CPI) in Oman stood at 1.89 per cent during January 2023, according to the latest data issued by...
OQ Group, represented by its Upstream-sector, and Abraj Energy Services SAOC (Abraj, under transformation) signed an agreement with the Saudi Omani Investment Company (SOIC) by virtue...
