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...
Oman Investment Authority (OIA) announced 36 investment opportunities worth RO 1.5 billion covering various industries, available in the Invest Oman lounge. Hisham Ahmed Al Sheedi, Director...
Oman Data Park (ODP), the Sultanate’s primary provider of IT-managed and cloud services, Hosting, and Virtual Data Center services in the Sultanate of Oman, and Uqudo,...
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...
Oman’s OQ Group today announced its full-year 2022 financial performance results, reporting the highest net profit in the Group’s history. The record performance was driven by...
The Ministry of Education today signed a cooperation agreement with Petroleum Development Oman (PDO) and the German University of Technology (GUtech) to train around 70 students...
His Majesty Sultan Haitham bin Tarik today issued Royal Decree No. 19/2023 on the promulgation of the Maritime Law, after presenting the same before the Council...
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...
