The total outstanding credit extended by other depository corporations (ODCs) consisting of conventional and Islamic banks in Oman grew by 4.3 per cent to RO27.3bn at...
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 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 9.7 per...
Muscat: The Sultanate’s Ministry of Finance has taken a big decision on advance leave salaries for Government and public sector employees. In a decision issued on...
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...