A focused view of Oman’s latest business, economy and public-interest developments, organised for quick reading.
ConnsectAs part of the official visit of Roman Golovchenko, Prime Minister of Belarus, to Oman yesterday, where he was warmly received by the Crown Prince of Oman, Oman and Belarus signed three significant memorandums of understanding (MoUs). These…
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Bank Muscat, Oman’s largest lender by assets, has achieved significant figures in the first nine months of 2024. The bank’s net profit reached 170.79 million Omani rials ($443 million), reflecting a 7.5% increase compared to the previous year.…
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In light of the warnings from the National Emergency Management Center of Oman regarding the expected heavy rainfall, Tuesday, October 15, 2024, has been declared a holiday in the provinces of Muscat, South Sharqiyah, and North Sharqiyah. This…
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The Sultanate of Oman will celebrate Omani Women's Day on Thursday, October 17th, organized by the Ministry of Social Development. This year's celebration focuses on culture, literature, and manuscripts, and will honor distinguished Omani women in these fields.…
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A royal decree has been issued by His Majesty Sultan Haitham bin Tariq, granting Omani citizenship to over 113 individuals. Omani Citizenship Granted by Royal Decree of Sultan Haitham His Majesty Sultan Haitham bin Tariq, the Sultan of…
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Asyad Group has commenced the construction of the Muscat Airport Free Zone, aimed at strengthening infrastructure and establishing Oman as a global trade and foreign investment hub. The first phase of the project involves land preparation, the establishment…
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Hafeet Rail has announced the securing of $1.5 billion in financing for the Oman-UAE railway connection project. The financing was provided by Emirati and Omani banks, alongside several regional and international financial institutions, including both conventional and Islamic…
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Oman's public spending has risen by 7% in the first eight months of 2024, totaling OMR 7.659 billion (approximately $19.9 billion). This increase is primarily due to higher government subsidies and development expenditures Muscat Daily. Key Expenditure Highlights:…
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As part of its efforts to upgrade its systems towards smart and sustainable cities, in partnership with the private sector, Muscat Municipality has installed sensors equipped with vehicle imaging service in public parking lots subject to fees in…
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The concept design for Al Khuwair Downtown is currently under preparation and is expected to be completed in the coming weeks. Following this phase, a detailed master plan will be developed by 2026. This master plan will involve…
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