A focused view of Oman’s latest business, economy and public-interest developments, organised for quick reading.
ConnsectAccording to data from the Ministry of Transport, Communications, and Information Technology (MoTCIT), sports goods and accessories rank among the highest categories of online purchases in the Sultanate of Oman. A recent report by Oxford Business Group reveals…
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The Ministry of Commerce, Industry, and Investment Promotion (MoCIIP), in collaboration with the Directorate General of Customs, has announced that the importation of plastic bags into Oman will be banned starting September 1, 2024. This decision is based…
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The Oman Health Exhibition & Conference is an annual international event of significant scientific and practical importance that highlights notable and ongoing advancements in the health and medical sector in Oman, as well as the industry’s market potential…
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According to a recent report by the Telecommunications Regulatory Authority (TRA) of Oman, the total number of mobile subscriptions in the country reached 7,001,500 by the end of March 2024, indicating a 3.1% increase from 6,842,800 subscriptions during…
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Asyad Group, the largest logistics (warehousing and supply chain management) and transportation (maritime and land) company in Oman, supported by the country's sovereign wealth fund, has announced its intentions to acquire or manage ports in Southeast Asia (Malaysia),…
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The Omani government is developing a new policy framework to promote recycling as part of a broader waste management strategy. Abdullah bin Ali al Amri, Chairman of the Environment Authority, announced that this policy will serve as a…
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Oman's inflation rate in June 2024 increased by 0.7% compared to the same month in 2023. This increase was announced based on data from the Consumer Price Index (CPI) published by the National Center for Statistics and Information.…
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Yesterday, gold prices reached their highest historical level, driven by increasing hopes for a potential interest rate cut in the United States in September, following remarks from Federal Reserve officials. According to Reuters, spot gold settled at $2,468.55…
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His Majesty Sultan Haitham bin Tariq Al Said received a telephone call today from His Majesty King Philippe Léopold Louis Marie of Belgium. During the call, King Philippe expressed his country's solidarity with the Sultanate of Oman following…
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According to preliminary data released by the National Centre for Statistics and Information of Oman, the Sultanate’s Gross Domestic Product (GDP) at constant prices increased by 1.7% at the end of the first quarter of 2024, reaching 9.537…
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