The Government of Oman has made substantial fiscal adjustments since a sharp decline in oil prices since mid-2014, resulting in the formation of a foundation for Oman...
Muscat: National Bank of Oman has been selected as the onshore banking partner for International Distribution Network SPC – the distribution arm of Sainsbury’s. One of the...
The Port of Duqm, one of the largest infrastructure projects in the Sultanate, is expected to operate at full capacity by January 2021. Reggy Vermeulen, CEO,...
Muscat: Since the onset of the COVID-19 pandemic, Dubai has responded with swift and effective health measures and economic support initiatives that protected lives and livelihoods....
Muscat: New tariffs will be applied for electricity and water services gradually as the Sultanate aims to phase out subsidies in the respective sectors. Dr. Mohammed...
Muscat: The Tax Authority has announced the imminent expiry of tax incentives offered to private sector establishments for taxes due during 2020. The incentives were announced earlier...
Muscat: The Sultanate of Oman will slowly be lifting subsidies on electricity and water starting from January 1, 2021, as a part of the Medium-Term Fiscal...
Emerging Markets, commodities, and the return of inflation may be key investment themes for 2021, writes Rainer Michael Preiss. Emerging markets (EM), historically, have been considered...
Saxo Bank has today released its 10 Outrageous Predictions for 2021. The predictions focus on a series of unlikely but underappreciated events which, if they were to occur, could send...
Omani e-payment portal, Thawani, has launched new and refreshed features in its app to make payment processes smoother and swifter. In alignment with global developments in...
