Muscat: The Ministry of Finance and the Ministry of Economy have issued Financial Circular No. (1/2023) on rules for preparing 2024 budget estimates. The step comes...
The Public Authority for Special Economic Zones and Free Zones (OPAZ) organised its annual media briefing on May 7th, 2023 in the presence of HE Dr....
The National Centre for Statistics and Information (NCSI) issued the 2nd edition of the “Quarterly National Accounts Indicators” report, which highlights the most important indicators at...
The state’s public revenue by the end of February 2023 amounted to RO2,148mn, up by 12 per cent when compared to RO1,918mn registered over the same...
Oman is set to be the fastest-growing economy among all GCC nations in 2023, as per a report issued by the World Bank, with a projected...
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...