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 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...
Saudi Arabia is working on a new law permitting foreigners to buy property according to a report by Saudi Gazette. Abdullah Alhammad, CEO of the Real...
The Sultanate of Oman’s production of crude oil and condensates during February 2023 stood at 29.7 million barrels, or a daily average of 1.06 million barrels,...
Luxembourg: A session of talks was held here today between the Sultanate of Oman and the Grand Duchy of Luxembourg. The talks touched on means of...
Muscat: His Majesty Sultan Haitham bin Tarik presided over a meeting of the Council of Ministers at Al Barakah Palace today. During the meeting, His Majesty...
Muscat: The revenues of 3-5 star hotels in Oman increased by 91.7% by the end of November 2022 to stand at RO 161,262,000, according to the...
Muscat: His Majesty Sultan Haitham bin Tarik and King Abdullah II Ibn Al Hussein of the Hashemite Kingdom of Jordan, have reiterated their keenness on strengthening...
Muscat: Al Maha Ceramics SAOG (“Al Maha”) has announced the acquisition of a 45% stake in Al Hael Ceramics Company LLC (Al Hael”). Al Maha was...
Saudi Arabia’s consumer price index rose 2.7% in July from a year earlier, government data showed on Monday, increasing from a 2.3% pace in June. The...