Oman launches laboratory for food security
The laboratory falls within the framework of the "Invest in Oman" program.Oman Air inks deal in tourism push
The national carrier of Oman inked the deal with tripsnstay.Five cities poised to become GCC tech hubs
As part of economic transformation, some Gulf countries seek to achieve targets in digital transformation via long-term plans such as Saudi Vision 2030 and UAE Vision 2030.GCC can help shipping industry curb emissions
Saudi Arabia and the UAE are already off the starting mark in their efforts to supply alternative fuels to the global maritime industry.New Oman mall to create 3,500 jobs
The Mall of Oman is said to be the country’s largest complex of its kind.Saudi Arabia and Oman pledge to boost trade ties
Saudi Arabia and Oman have pledged to boost trade and economic ties between the two countries, months after the two neighbors began discussions on how to deepen their relationship.Oman sets terms for top hotels to open event halls
Four and five-star hotels in Oman may open meeting and celebration halls, but must follow certain restrictions.Unemployment will haunt Gulf in 2021
While joblessness will be a worry, the economies of the GCC countries are expected to grow by about 2.5 percent between 2021 and 2023.ACME ammonia plant in Oman
The plant will cost of $3.5 billion and be built in three years.Oman Shell updates SME training
The new program will build the capabilities of entrepreneurs.Oman lifts travel ban on India, Pakistan, Bangladesh
Fully-vaccinated passengers from 21 countries can now travel to Oman, according to a new circular issued by the country’s Civil Aviation Authority, which took the decision by consulting several stakeholders.Marafiq to sell power from Oman plant
The power production at the plant will start in November.Oman to ease Covid-19 measures from Aug 21
The relaxation will see the reopening of public buildings, malls, and restaurants, as well as resumption of public events.Saudi Arabia leads GCC AI healthcare race
Experts predict AI will contribute $320 billion to the Middle East economy by 2030 and virtual care, remote patient monitoring and AI expected to account for 30 percent of hospital investment.Oman: Sohar Port increases production capacity by 14%
Production capacity touched 545,000 tons in the port’s free zone, where 45 countries have investments.US’ Iran sanctions target Omani man, firms
The US Department of Treasury said the sanctions are on ‘individuals and businesses’ involved in a network that smuggled oil out of Iran.Oman, India ink MoU to cooperate on mining
The agreement will aid the exchange of laws and regulations endorsed by the two countries, and data about investment opportunities.Oman bans network marketing, pyramid schemes
The authorities will impose a fine of OMR 5,000 (nearly $13,000) on anyone who is found violating this ban, with the penalty doubled for a second violation.Private firms in Oman can use government evaluation system
The existing method of appraisal is based on work experience, an employee’s behavior, and how long he/she spends at work.Israel blames Iran for deadly attack on oil tanker off Oman
The Islamic Republic "is not only Israel's problem, but it is the world's problem. Its behaviour threatens the freedom of navigation and global commerce", the Israeli official added.Two dead in attack on Israel-linked oil tanker off Oman
Analysts said the attack bore all the hallmarks of tit-for-tat exchanges in the "shadow war" between Israel and IranOman to continue with ban on commerce, movement
There will be no relief for citizens of Oman from the restrictions imposed by the government to halt the spread of the Covid infection in the country.Muscat plans light rail metro network
The network, which will link the cities of Ruwi and Muttrah to the airport and Seeb, is part of the Oman National Spatial Strategy, a blueprint that looks at the planning of Oman’s cities for the next 20 years.BCCI announces remaining IPL match schedule across UAE
The 31 remaining matches of this year’s IPL will be spread across Abu Dhabi, Dubai, and SharjahDusit debuts in Oman with 252-unit deluxe resort
The dusitD2 Naseem Resort is the first Dusit-branded hotel in Oman 's Jabal Akhdar.Oman eases Eid lockdown, some curbs to remain to halt Covid
The night-time closure of businesses and curbs on movement of people and vehicles will remain in placeOman floats tender for new container terminal at Duqm port
Oman has launched the tendering process to choose a partner to build a container terminal at the Port of DuqmHalliburton wins chemicals services contract in Oman
Halliburton has signed a contract to provide production chemicals and associated services for a large international oil company in OmanCentara to manage 64-unit Oman hotel
The property in question is Al Hail Waves, and is ISAHC’s third in Oman that Centara will manage.Oman ruler visits Saudi Arabia in his first official overseas trip
Oman’s ruler Sultan Haitham bin Tariq al-Said visited Saudi Arabia on Sunday on his first official overseas trip since assuming power last year.Curbs, vaccination drive help GCC minimize COVID-19 impact
Strict restrictions and intensive vaccination drive help the region deal with the pandemic Massive drop in global oil demand and continuous closures in various sectors affect the GCC economies By imposing strict restrictions on its citizens and reaching advanced stages in vaccination campaigns, the GCC proved to be one of...Saudi Arabia mulls industrial zone in Oman
Saudi Arabia has launched a plan to wean the economy off oil Oman said it will start granting residence visas to foreign investors for 5 or 10 years Saudi Arabia is considering developing an industrial zone in Oman, and the two Gulf states have discussed the possibility of investment opportunities...UAE, Oman to host T20 World Cup as cricket continues to move out of India
ICC cited the effects of the second wave of Covid-19 in India for its decision The tournament will now be held from October 17 to November 14 across three stadiums n the UAE and one in Oman The International Cricket Council announced on Tuesday, June 29, that the Men’s...Austria to welcome more GCC travelers from July 1
Austria will open border for tourists from all across the world, including GCC, from July 1 The move comes as the European country post looks to implement a post-Covid-19 strategy Austria has announced that it will open its border for tourists from all across the world, including those in the...Those spreading rumours against Covid-19 vaccine will be punished: Oman health minister
He said most people who died of Covid-19 in the country in April were not vaccinated Oman has seen more than 257,000 Covid-19 infections, 2,848 deaths Oman’s Health Minister Ahmed Mohammed al-Saeedi told the country’s Supreme Committee on Thursday, June 24, that those who spread rumours against the Covid-19 vaccine...Oman launches investment residency scheme for foreigners
The residency period is for a renewable period of five or 10 years Low oil demand and pandemic have hit the sultanate's finances hard Oman will begin issuing long-term residency to foreign investors, the government said Wednesday as authorities attempt to shore up the Gulf nation's flagging economy. Depressed demand...Kennedys open Oman office to meet client demand in Middle East
Opening marks firm's second Middle East location after Dubai and makes it the only international insurance-focused law firm in the country The Muscat office launch is in response to growing client demand in the Middle East UK-headquartered insurance focused law firm Kennedys has strengthened its presence in the Middle East...Bank ABC and FAB arrange a $250-million 2-year Syndicated Term Loan Facility for BankDhofar
Bank ABC and FAB acted as joint coordinators, underwriters, initial mandated lead arrangers and book runners for a facility to BankDhofar It is a $250-million two-year Syndicated Term Loan Facility for Oman’s second-largest lender Oman’s second-largest lender BankDhofar has been extended a $250 milliontwo-year Syndicated Term Loan Facility by a...Oman-India JV marks launch of quartz stone project in Sohar
The plant began its commercial production last week after a trial run of its plant and machinery MAVPL and its subsidiary Madhav Surfaces have jointly invested around $10 million to set up the high-tech plant An Omani-Indian joint venture has led to the setting up of a quartz stone products...IFIN launches first-of-its-kind Islamic financing platform
IFIN platform eliminates the need for customers to visit their bank branch to secure finance and provides retailers with an opportunity to boost their sales and increase customer loyaltyOmani mediators in Sanaa as Yemen ceasefire talks intensify
Omani mediators appear to be convincing the Huthis to accept a ceasefire and take part in peace negotiationsMadayn announces new incentives to boost investment in Sur Industrial City
Board of Directors also approved the project to establish an integrated workforce townshipExpats leave Oman in droves as country struggles to contain unemployment
Some 200,000 expats leave Oman as country wrestles with rising unemployment The Coronavirus pandemic and low oil prices last year drove the exodus Some 200,000 foreign workers left Oman in a year as the coronavirus pandemic and low oil prices dealt a blow to Omani economy, and the country now...Omani Sultan offers jobs to pacify protests
Sultan Haitham ordered the creation of 32000 job opportunities, 12000 of them in the government sectorNBB closes finance deal for Oman’s Mazoon Electricity
The debut Islamic financing facility by the Oman-based GRE was signed for $235 million Deal part of NBB Group’s efforts to target Bahraini and GCC customers The NBB Group, comprising the National Bank of Bahrain and Bahrain Islamic Bank, has announced the closing of an Ijara facility for Oman-based Mazoon...Oman, India vow to boost defense ties with two agreements
Defense ties between Oman and India deepen as the two countries sign two agreements on military matters The cooperation will enhance maritime security and further boost relations between the navy forces of the two countries Oman and India have pledged to deepen their military ties that will further strengthen bilateral...
















































