Tag: economy
ECONOMY: Oman GDP Up By 10.1% In Second Quarter Of 2021
Muscat: Oman's Gross Domestic Product (GDP) increased by 10.1 per cent to reach market prices of RO15,301,900,000 at the end of the second quarter...
World’s Mammoth Corporate Firms Get Stronger, Tech Savvy And More Chinese
Prior to Covid-19, the world's biggest companies were doing well. Now they are even better. The top 50 companies by value-added $4.5 trillion to...
State Revenue Rises 0.5pc at End of July 2021
Muscat: Public revenue of the Sultanate increased marginally by 0.5% by the end of July 2021, compared with the same period of 2020, said...
Oman-India Extend Bi-Lateral Relations: Sign MoU In Mining
Muscat: The Ministry of Energy and Minerals (MEM) and Indian Rare Earths Limited (IREL) yesterday signed a memorandum of understanding (MoU) to cement cooperation in the field...
Over 54K SMEs Registered In Oman Till June 2021
Muscat: The total number of Small and Medium Enterprises (SMEs) registered with the Authority for Small and Medium Enterprises Development (Riyada) at the end...
Revenues Collected By State Budget Fall 9.7%
Muscat: The State's General Budget collected revenues of RO 4,361.3 million by the end of the first half of 2021, comprising a drop of...
Asian Markets Gain Even As Pandemic Restrictions Tighten In China, Australia
Beijing: Asian stock markets followed Wall Street higher Monday after China and Australia tightened anti-virus controls that threaten to weigh on economic recovery.
The Shanghai...
Oman, Estonia Discuss Bilateral Interests In Commerce And IT Areas
Muscat: Qais Mohammed al-Yousef, Minister of Commerce, Industry and Investment Promotion, and Andres Sutt, Minister of Entrepreneurship and Information Technology in the Republic of...
Government Treasury Bills Worth RO 187.4 Million Issued Via Tender No. 541
Muscat: The Ministry of Finance issued a circular (circular no. 5/2021) which contained a fresh set of guidelines with respect to the disbursement of...
Duqm Projects To Receive Massive Power Grid Upgrade With RO 22 Million Upgrade
Muscat: The Rural Areas Electricity Company (Tanweer), is pumping in RO 22 million for the expansion and upgrade of the electricity grid in and...
