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Oman GDP Grows 1.7% at Constant Prices During Q1 2024

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The gross domestic product (GDP) of the Sultanate of Oman at constant prices increased by 1.7% to reach (at market price) RO 9,537.0 million...

HAL Capital Wins 2024 Visa Everywhere Initiative in Oman

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Visa has announced the winners of the Saudi Arabia, Oman and Bahrain editions of the 2024 Visa Everywhere Initiative (VEI), a global open innovation...

With No Salary Transfer Required Travel Now & Pay Later With Alizz Islamic Bank

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Alizz Islamic Bank announced the launch of a travel finance offer to help customers enjoy their summer vacations in any country of their choice,...

APSR Endorses Discounts on Electricity Bills During Summer Months

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The Authority for Public Services Regulation (APSR) has approved the reduction rates on electricity consumption bills for the residential category (basic account) during the...

Iranian President Ebrahim Raisi Dead In Helicopter Crash

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Iran’s President Ebrahim Raisi has been confirmed killed after the helicopter he was travelling in crashed in poor weather. The bodies of Raisi, as well as the...

Oman-UAE Railway Kicks Off Implementation Phase – Gets New Identity

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Abu Dhabi: In a significant development bolstering one of Oman and UAE's bilateral projects, the Oman and Etihad Railway will now be known as...

Oman’s Hotel Revenues in January 2024 Reaches RO 24 Million

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Muscat: The revenues of 3-5-star hotels in Oman stood at RO 24,751 million at the end of January 2024, up by 17.1% compared to...

Mashreq Announces Appointment of Alsalt Mohammed Al Kharusi as Country Head of Oman

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Muscat: Mashreq, one of the leading financial institutions in the MENA region, which is currently working on the formation of its branch in Oman,...

Oman’s Trade Balance Records Surplus of RO 6.9 Billion in November 2023

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Muscat: The trade balance of the Sultanate of Oman recorded a surplus of RO 6.9 billion at the end of November 2023, compared to...

Arab Finance Ministers Call for Review of Procedures to Maintain Sustainability

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Abu Dhabi: The Sultanate of Oman, represented by the Ministry of Finance, today took part in the Arab Finance Ministers’ 9th annual meeting held...