Muscat: The Sultanate of Oman was awarded the Regional Champions Award by the Universal Postal Union (UPU) after achieving a significant leap in the 2025 Integrated Index for Postal Development (2IPD). For the first time, Oman joins the category of co…
Muscat: Gold prices today climbed to a new all-time high, buoyed by a weaker US dollar and falling bond yields, as growing bets for a Federal Reserve rate cut this month lifted demand for the precious metal. Spot gold gained 0.5% to $3,651.96 per ounc…
Muscat: The Sultanate of Oman participated in the 15th meeting of the Committee of Heads and Directors of Tax Administrations in the GCC, which was held in Kuwait. The Omani delegation was headed by Nasser Khamis Al Jashmi, Chairman of the Tax Authori…
Muscat: The Central Bank of Oman (CBO) has introduced an electronic system aimed at providing Sharia-compliant Rial Omani liquidity management instruments for Islamic Banking Entities within the Sultanate of Oman. This development marks a significant …
Muscat: Petroleum Development Oman (PDO) and French company SLB have signed an agreement to establish the Oman Perforation Technology Center, the first perforating charges manufacturing facility of its kind in the Middle East and North Africa for the …
Muscat: The Public Authority for Special Economic Zones and Free Zones (OPAZ) showcased a range of promising investment opportunities and competitive advantages offered by the economic, free, and industrial zones across several targeted sectors to bus…
