Oman: FSA launches new licensing system for accounting and auditing

MUSCAT: The Financial Services Authority (FSA) announced the launch of a new electronic system for applications for licensing and renewal of the licenses to practice the accounting and auditing profession. The new system allows users to submit...

Oman: Mango crop development research enhances food security

Suhar: As part of Oman’s efforts to boost agricultural sustainability and food security, the Agricultural Research Centre in Suhar, affiliated with the Directorate-General of Agricultural and Animal Research at the Ministry of Agriculture,...

Oman's trade balance surplus reaches 1.849 billion Omani riyals

[Mon, 07 Jul 2025 05:59:00 +0300] Muscat – Saba: The Sultanate of Oman's trade balance recorded a surplus of 1.849 billion Omani riyals by the end of April 2025, compared to a surplus of 3.1 billion Omani riyals during the same period in 2024, a...

Oman affirms commitment to developing integrated intellectual property system at WIPO meeting

GENEVA – The Sultanate of Oman is taking part in the meeting of WIPO assemblies – held in Geneva, Switzerland, until 17 July 2025 – under the leadership of His Excellency Dr. Saleh Said Masan, Undersecretary of the Ministry of Commerce, Industry...

Oman’s trade surplus drops 40% to RO1.85bn

Muscat – Oman’s trade surplus fell sharply by 40.4% to RO1.849bn by the end of April this year, compared to RO3.1bn recorded during the same period in 2024, according to preliminary data released by the National Centre for Statistics and...

Seaweed farming: A green opportunity for Oman’s blue economy

As nations worldwide grapple with the twin challenges of feeding a growing population and confronting climate change, seaweed is emerging as a quiet but powerful ally in the quest for sustainable development. In Oman, researchers and policymakers...

Oman launches space accelerator programme to boost innovation

MUSCAT: In a significant move in furtherance of Oman Vision 2040, the Sultanate of Oman has launched the Oman Space Accelerators Programme—an innovative programme to foster in-country capabilities in the global space sector and establish a...

Oman launches $200m energy transition fund

Future Fund Oman (FFO), an Oman Investment Authority (OIA) fund, and pan-Asia alternative asset manager Templewater have partnered to drive investments in the energy transition and advanced manufacturing sectors in the sultanate. The Energy...

Oman launches $200M clean energy fund with China’s Templewater

Future Fund Oman, a fund owned by the country’s sovereign wealth fund, the Oman Investment Authority, and Hong Kong-based alternative asset manager Templewater have established a clean energy fund worth $200 million. The Energy Transition Fund,...

Oman records trade surplus of OMR1.849bn

Muscat: The Sultanate of Oman's trade balance recorded a surplus of OMR1.849 billion by the end of April 2025, compared to a surplus of OMR3.1 billion during the same period in 2024, marking a 40.4 percent decline. Preliminary statistics from the...

Omani Rial to Pakistani rupee rate; July 09, 2025

The Omani Rial (OMR) is trading at a rate of Rs 748.9 against the Pakistani Rupee (PKR) in the open market on Wednesday, July 09. The buying and selling rates for OMR were recorded at Rs 739.9 and Rs 748.9, respectively. The exchange rates for...

Oman participates in meeting of WIPO Assemblies of Member States

Geneva: The Sultanate of Oman is taking part in the 66th session of Assemblies of Member States of the World Intellectual Property Organisation (WIPO), held in Geneva, Switzerland, until 17 July 2025. Oman's delegation is led by Dr. Saleh Said...

Moody’s Raises Oman’s Credit Rating, Citing Stronger Fiscal Resilience

MIDDLE EAST: First dedicated energy transition fund launched in Oman

Details Written by Lesley Bankes-Hughes Published: 11 July 2025 Pan-Asia alternative asset manager Templewater and Future Fund Oman (FFO), an Oman Investment Authority (OIA) fund have launched the Energy Transition Fund which is intended to...

Oman Charitable Organisation disburses over RO3mn aid across Oman in H1 2025

Muscat – Oman Charitable Organisation (OCO) distributed more than RO3mn in aid within the sultanate during the first half of 2025, reaffirming its ongoing commitment to supporting those in need and promoting transparency and public trust. The...

Opportunity Oman: Unlocking trade and investment with Indonesia

The contours of global commerce are being redefined by collaborations among nations in the Global South, forging innovative pathways for mutual growth and development. Within this transformative environment, the Sultanate of Oman and the Republic...

Moody’s upgrades Oman’s credit rating to investment grade

Muscat: In a significant affirmation of the Sultanate of Oman’s financial resilience and progress, Moody’s Investors Service has upgraded the country’s credit rating from “Ba1” to “Baa3,” officially placing Oman in the investment-grade category....

UAE Leads GCC In Hiring Growth At 4% Financial Services, Real Estate Lead

(MENAFN- Khaleej Times) Hiring in the UAE grew by an average of 4 per cent in the second quarter of 2025, marking the fastest pace in the Gulf Cooperation Council (GCC) region, according to Cooper Fitch's quarterly report released on Wednesday....

Moody’s Investor Service upgrades Oman to investment grade as reforms pay off

Muscat: The credit upgrade reflects Oman’s strengthened public finances and its ability to absorb economic shocks. Moody’s credited the government’s effective fiscal management, noting a significant drop in government spending—from over 41% of GDP...

Oman launches first energy transition fund worth $200 million

MUSCAT: Future Fund Oman (FFO), an Oman Investment Authority (OIA) Fund and Templewater, a leading pan-Asia alternative asset manager announced on Wednesday the launch of the Energy Transition Fund. This marks the first dedicated fund of its kind...