Tag: economy
Majlis Ash’Shura Convenes To review Socio-Economic Topics
Muscat: The Economic and Financial Committee of Majlis Ash’shura convened for its 12th regular meeting of the second annual convening, under the chairmanship of Ahmed...
Oxford Economics Report: Relaxation The Impetus For Rebound In Middle-East Economies
Muscat: According to the latest edition of the Economic Insight Report, released by Oxford Economics, the overall confidence in the markets is high due...
Chinese Tech Giant Alibaba To Invest In Oman’s Cloud Computing Infrastructure
Muscat: Omani firms Datamount and International Emerging Technology Company (ETCO) have signed a partnership with Chinese tech behemoth, Alibaba for the establishment of a...
Committee For National Industries Development, Omani Products Support Holds First Meeting
Muscat: The Committee tasked with developing national industries and supporting Omani products held its first meeting of the year today under the chairmanship of...
G7 Nations Agree On New Tariffs To Tax Mega Corporations
In a defining agreement signed amongst the G7 Nations, it has been agreed upon that a new tax tariff will be imposed upon mega...
Foreign Direct Investment In Oman Increases To A Staggering RO 16 Billion
Muscat: The Ministry of Economy reported that the Foreign Direct Investment (FDI) rapidly rose to nearly hit the Ro 16 billion by the end...
Government Revenues Stand At Over RO 2.7 Billion In April 2021
Muscat: The Fiscal bulletin issued by the Ministry of Finance shows that government revenues dropped by 27.68% from January to the end of April...
U.S President Joe Biden Announces Suspension of Oil & Gas Leases In Arctic Refuge
Washington D.C: In a move mirroring his commitment to climate change, the incumbent US President, Joe Biden, announced that the current administration will suspend...
Over 52,000 SMEs Registered In Oman Till April 2021
Muscat: The total number of Small and Medium Enterprises (SMEs) registered in the Authority for Small and Medium Enterprises Development (Riyada) till the end...
Al Maha Ceramics SAOG Plans To Acquire Majority Stake In Al Hael Ceramics
Muscat – Sultanate of Oman- Al Maha Ceramics, the leading Ceramic manufactures in the region is exploring the possibility to acquire a majority stake...
