The Ministry of Economy has affirmed that financial and economic indicators for 2022 and during the first quarter of 2023 reflect the potential of Oman’s economy...
S&P Global Ratings revised Oman’s outlook to positive and affirmed its ratings at “BB”, in light of improving fiscal performance. The agency said in its credit...
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...
