Energy Top StoriesOman’s energy powerhouse to sell 49% of oil drilling unit IPOGBO CorrespondentJanuary 30, 2023 GBO CorrespondentJanuary 30, 2023 Oman and Bahrain are the only countries in the six-nation Gulf Cooperation...
Economy Top StoriesUAE to become Gulf’s fastest-growing economy by 2023?GBO CorrespondentNovember 4, 2022November 3, 2022 GBO CorrespondentNovember 4, 2022November 3, 2022 The UAE economy will expand by 4.2% in 2023, outperforming the economies...
Economy Top StoriesOman’s economic recovery: The success storyGBO CorrespondentOctober 12, 2022October 12, 2022 GBO CorrespondentOctober 12, 2022October 12, 2022 Due to managed prices and restrictions on specific fuel prices, Oman's inflation...
Economy Top StoriesOman and the path towards diversification pushGBO CorrespondentSeptember 30, 2022September 30, 2022 GBO CorrespondentSeptember 30, 2022September 30, 2022 Oman 2040 is a development plan that aims to lower the hydrocarbon...
Banking and Finance Top StoriesOman bank launches soft token app to authenticate internet bankingGBO CorrespondentSeptember 5, 2022 GBO CorrespondentSeptember 5, 2022 Customers can approve financial transactions using the Bank Muscat soft token app...
Economy Top StoriesOman’s economy to grow by 2.2% in 2021:IIFGBO CorrespondentOctober 18, 2021 GBO CorrespondentOctober 18, 2021 IIF mentioned they expect fiscal deficit to narrow to 2.3% of GDP...
Economy Top StoriesOman’s GDP increases by 10.1% to reach OMR15.3 bn market price during Q2 2021GBO CorrespondentSeptember 29, 2021 GBO CorrespondentSeptember 29, 2021 The petroleum sector also registered an increase of 8.7%...
Islamic Finance Top StoriesGlobal Sukuk issuance reaches $100 bn during H1 2021GBO CorrespondentJuly 19, 2021July 26, 2021 GBO CorrespondentJuly 19, 2021July 26, 2021 Sukuk market saw a strong start to the year and crossed the...
Economy Feature Issue 02 - 2021 MAGAZINEVAT in Oman and its economic implicationsGBO CorrespondentJune 14, 2021June 15, 2021 GBO CorrespondentJune 14, 2021June 15, 2021 Oman recently introduced a 5% value-added tax (VAT), becoming the fourth Gulf...
Oil and Gas Top StoriesPetroleum Development Oman signs $4 bn service contractsGBO CorrespondentMarch 24, 2021 GBO CorrespondentMarch 24, 2021 The new contracts worth $4 bn is expected to boost the Omani...