A focused view of Oman’s latest business, economy and public-interest developments, organised for quick reading.
ConnsectAccording to data released by the National Center for Statistics and Information, the unemployment rate in the Sultanate of Oman decreased to 2.6% by the end of April 2024, compared to 2.8% in March. Unemployment Rate by Gender…
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Last night, the ICC T20 World Cup 2024 match between Oman and Australia took place on the Kensington Oval in Barbados, located in the Caribbean islands of the Americas. Australia secured victory over Oman with a margin of…
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In the latest QS World University Rankings for 2025, Sultan Qaboos University has made significant progress, securing the 362nd position globally. This advancement is the result of the university's continuous efforts over the past year. In this ranking,…
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The Oman Investment Authority (OIA) achieved profits exceeding OMR 1.7 billion in 2023, with an investment return rate of 9.95%, increasing its assets to OMR 19.240 billion. From 2016 to 2023, OIA contributed more than OMR 6 billion…
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The Ministry of Labour of Oman has announced that over 1,200 expatriate workers were deported from the country in May 2024 for various violations. According to a statement from the Ministry, the Joint Inspection Team Office within the…
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Omani authorities announced that yesterday, in a large-scale operation, they successfully seized approximately 5,000 items used in cosmetic procedures and arrested several foreign workers active in Oman. These individuals were illegally providing cosmetic and medical services, including Botox…
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On Sunday 2 June, OPEC+ announced that it will extend its oil production cuts until 2025. This decision exceeded market expectations, as the group seeks to stabilize the market amidst weak demand, high interest rates, and rising oil…
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According to Oman Meteorology, temperatures are approaching 50 degrees Celsius at the Hamra Ad Duru station in Al Dhahirah Governorate. In an online statement by Oman Meteorology, it was reported: "The Hamra Ad Duru station in Al Dhahirah…
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Oman has welcomed the initiative of President Joe Biden of the United States to implement a ceasefire in the Gaza Strip. This initiative was reached in cooperation and coordination with the governments of Qatar and the Arab Republic…
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Oman has witnessed significant progress in its food security index over the past two years, with access to food indices increasing by 7 points and sustainability and adaptability indices rising by 8.4 points. This improvement reflects the country's…
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