Muscat: His Majesty Sultan Haitham Bin Tarik presided over a meeting of the Council of Ministers at Hisn Al Shumoukh Palace yesterday [March 9, 2021]. At the outset...
Muscat: The newly-launched economic stimulus plan and the rules it brings into effect are expected to help Oman’s recovery efforts by creating a strong framework for...
The Sultanate’s Economic Stimulus Plan (ESP) endorsed by the Council of Ministers today is based on five main axes, namely: (A) Incentives pertaining to taxes and...
Muscat: The total Foreign Direct Investment (FDI) in the Sultanate at the end of the second quarter of 2020 reached RO15,44mn, recording an increase of 13.2 per...
Muscat: Data issued by the Central Bank of Oman (CBO) indicated that the total deposits held with ODCs reached RO24 billion at the end of November...
Muscat: Kimberly Reed, President of the US Export-Import (EXIM) Bank said that the American investors have a positive impression of the steps taken by the Sultanate’s...
Muscat: Dr. Nasser Rashid Al-Ma’awali, Undersecretary of the Ministry of Economy has said that the tenth five-year plan will focus on achieving a real GDP growth...
Muscat: Sweets of Oman has reported a loss of over RO4.5mn owing to misstatements of the company’s financial statements. The company made the disclosure on 14th...
Muscat: The Sultanate has announced its General Fiscal Budget for the year 2021 that focuses on taking cautious measures and a sustainable approach towards achieving Vision 2040....
Muscat: Three new agreements have been signed by Khazaen that reiterate the economic city’s growing preference among local and foreign investors. Khazaen, the newest economic city...
