Oman has signed two agreements with Saudi Arabia worth RO81mn to finance key projects in Duqm. The money will come from the Saudi Fund for Development, a...
Petroleum Development Oman (PDO) today (3rd January) officially opened its first solar car park at its headquarters in Muscat. Thousands of solar panels were installed in...
His Majesty Sultan Qaboos bin Said issued a Royal Decree approving Oman’s budget for 2018 on Monday. Royal Decree No. 1/2018, which endorsed a budget that...
The total volume of trade between Oman and its 10 main partners during 2016 amounted to OMR15.25 billion, representing 80.2 per cent of the total trade...
Oman’s central bank raised OMR68.6 million by way of allotting treasury bills on Tuesday. The treasury bills are for a maturity period of 28 days, from...
Oman’s non-oil exports surged by 28.3 per cent to OMR1,827.2 million for the first seven months of 2017 from OMR1,424 million for the same period of...
Total production of Oman’s refineries and petroleum industries units rose 14.6 per cent at the end of November 2017 compared to the output recorded during the...
Omani banks, including Islamic institutions, have achieved a year-on-year growth of 6.2 per cent at OMR23.3 billion by October-end of 2017. Credit to the private sector...
The Central Bank of Oman (CBO) has said there are no policies or guidelines in Oman, to regulate digital or crypto currencies, urging the public to be cautious when dealing...
Total revenues of Oman’s three to five star hotels increased 1.6 per cent to RO135mn during the first nine months of 2017 compared to RO132.8mn in...