Tag: Oman economy

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...

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...

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...

Muscat: Data issued by the Central Bank of Oman (CBO) indicated that the total deposits held with ODCs reached RO24 billion at the end...

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...

Muscat: Dr. Nasser Rashid Al-Ma'awali, Undersecretary of the Ministry of Economy has said that the tenth five-year plan will focus on achieving a real...

Muscat: Sweets of Oman has reported a loss of over RO4.5mn owing to misstatements of the company's financial statements. The company made the disclosure on...

Muscat: The Sultanate has announced its General Fiscal Budget for the year 2021 that focuses on taking cautious measures and a sustainable approach towards achieving...

Muscat: Three new agreements have been signed by Khazaen that reiterate the economic city’s growing preference among local and foreign investors. Khazaen, the newest economic...

Abdul-Amir Al Ajmi, the External Affairs & Value Creation Director at Petroleum Development Oman (PDO), talks about how the development of In-Country Value is...