Oman’s energy powerhouse to sell 49% of oil drilling unit IPO
Oman and Bahrain are the only countries in the six-nation Gulf Cooperation...
Oman
UAE to become Gulf’s fastest-growing economy by 2023?
The UAE economy will expand by 4.2% in 2023, outperforming the economies...
Oman’s economic recovery: The success story
Due to managed prices and restrictions on specific fuel prices, Oman's inflation...
Oman and the path towards diversification push
Oman 2040 is a development plan that aims to lower the hydrocarbon...
Oman bank launches soft token app to authenticate internet banking
Customers can approve financial transactions using the Bank Muscat soft token app...
Oman’s economy to grow by 2.2% in 2021:IIF
IIF mentioned they expect fiscal deficit to narrow to 2.3% of GDP...
Oman’s GDP increases by 10.1% to reach OMR15.3 bn market price during Q2 2021
The petroleum sector also registered an increase of 8.7%...
Global Sukuk issuance reaches $100 bn during H1 2021
Sukuk market saw a strong start to the year and crossed the...
VAT in Oman and its economic implications
Oman recently introduced a 5% value-added tax (VAT), becoming the fourth Gulf...
Petroleum Development Oman signs $4 bn service contracts
The new contracts worth $4 bn is expected to boost the Omani...