The State Budget’s closing account, issued by the Ministry of Finance, shows that actual revenues received during 2020 stood at RO8,503.2 million, less by RO2,196.8 million...
Receiving an overwhelming response from its shareholders, Sohar International has announced the successful closure of its rights issue, raising its Tier I capital by RO50 million....
Dubai: In the new post-pandemic world of work, Innovation Districts are well-positioned to thrive. With businesses and organizations co-located in physical space for complex supply chains,...
Muscat: Furthering its digital capabilities, Oman Avenues Mall, the Sultanate’s iconic destination for shopping, dining, and leisure experience, has launched an innovative mobile app for the...
The Sultanate’s oil production stood at 202,779,900 barrels at the end of July 2021, compared to 204,988,100 barrels at the end of July 2020, comprising a...
The Ministry of Heritage and Tourism and Oman Tourism Development Company (OMRAN) signed an agreement today [September 12] for the development of the Yetti-Yenket project in...
What makes life insurance a critical part of modern, sustainable society has redefined the way we see the insurance sector. Andreas Buelow, Partner at Arthur D....
Hyundai Motor Company today announced its commitment to become carbon neutral by 2045 at IAA Mobility 2021. Hyundai’s integrated strategy to achieve carbon neutrality rests on...
Muscat: The price of Oman oil rose by 89 cents to go beyond US$70, as the market continues to build on a slight upward trend this...
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...