Economy

Muscat: The World Bank's 2024 Gulf Economic Update report highlighted that the Sultanate of Oman has achieved significant positive fiscal and economic...

Salalah: Salalah Mills Company in the Dhofar Governorate has announced the signing of an agreement to import 110,000 tonnes of Russian wheat, with the...

New Delhi: Artificial Intelligence (AI) is transforming the insurance sector, helping companies work faster and more accurately, according to a new research...

Muscat: The Ministry of Economy affirmed that the implementation of the Personal Income Tax (PIT), set to take effect at the beginning of 2028, represents a...

Muscat: The Board of Directors of the Central Bank of Oman (CBO) convened its fourth meeting for this year (2025) at CBO Headquarters on Sunday.At the...

Muscat: Oman LNG has signed an agreement with Kanadevia Corporation to conduct a Pre-FEED (Front-End Engineering Design) for a methanation pilot plant and a...

Sohar: Sohar Aluminium on Sunday signed a Memorandum of Understanding (MoU) with the Athar Healthcare Endowment Foundation to enhance cooperation in...

Muscat: The Ministry of Energy and Minerals on Sunday signed a mining concession agreement with the Global Integrated Engineering Company for Concession...

Muscat: In line with its commitment to transparency and disclosure, and as part of its ongoing growth trajectory across its investment portfolios, Oman...

New Delhi: India's foreign exchange reserves (forex) extended their gains, jumping $2.294 billion to $698.950 billion in the week ending June 13, official...