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Category: General

CBO’s Board Approves Key Reports and Reviews Financial Stability

Muscat: The Board of Directors of the Central Bank of Oman convened for its second meeting of 2025 at the CBO Headquarters in the Muscat Governorate. During this meeting, the Board approved several critical documents, including the CBO’s closing accou…

Foreign Minister, Qatari PM Review Regional Developments

Muscat: Sayyid Badr bin Hamad Al Busaidi, Foreign Minister, and Sheikh Mohammed bin Abdulrahman Al Thani, Prime Minister and Minister of Foreign Affairs of the State of Qatar, discussed during a phone call the latest regional developments, including t…

Wind Turbines Factory Launched in SEZAD

Duqm: A specialised factory for the manufacturing of wind turbines is set to be established in the Special Economic Zone at Duqm (SEZAD), marking a significant step in advancing Oman’s renewable energy ambitions. The facility is expected to play a key…

First Hajj, Umrah Exhibition Kicks Off in Oman

Muscat: The inaugural Hajj and Umrah Exhibition, organized by the Ministry of Endowments and Religious Affairs, began today at the Oman Convention and Exhibition Center. The three-day event brings together key stakeholders, including government entiti…

OQ Boasts RO 1.2 Billion Net Profit

Muscat: OQ SAOC announced a Net Profit of RO 1.2 billion (USD 3 billion) in its 2024 standalone financials, attributed to strong overall business performance and strategic divestments of certain assets.

According to Oman News Agency, OQ SAOC’s stron…