The State Budget’s closing account, issued by the Ministry of Finance, shows that actual revenues received during 2020 stood at RO8,503.2 million, less by RO2,196.8 million...
Receiving an overwhelming response from its shareholders, Sohar International has announced the successful closure of its rights issue, raising its Tier I capital by RO50 million....
The Sultanate’s oil production stood at 202,779,900 barrels at the end of July 2021, compared to 204,988,100 barrels at the end of July 2020, comprising a...
The Ministry of Heritage and Tourism and Oman Tourism Development Company (OMRAN) signed an agreement today [September 12] for the development of the Yetti-Yenket project in...
What makes life insurance a critical part of modern, sustainable society has redefined the way we see the insurance sector. Andreas Buelow, Partner at Arthur D....
Environment Society of Oman (ESO) is inviting friends and supporters to join its second virtual fundraiser, held in partnership with Oman Arab Bank, one of the...
Muscat: The price of Oman oil rose by 89 cents to go beyond US$70, as the market continues to build on a slight upward trend this...
Here are the inflation rates on consumer prices in the Sultanate for the month of July 2021 when compared to the same period from 2020. Report...
Muscat: The Oman-Egypt Joint Business Council held its meeting in Cairo, Egypt. The council laid emphasis on the economic fields the two countries focus on. It...
HH Sayyid Theyazin bin Haitham Al Said, Minister of Culture, Sports and Youth, has approved the executive plan of the Sultanate’s Cultural Strategy 2021-2040. The strategy...
