Central Bank of Oman warns against fake job scams on WhatsApp

Türkiye still in talks for Eurofighters from Qatar, Oman after UK deal

Turkish officials said on Thursday that talks were continuing with Qatar and Oman on procuring Eurofighter Typhoon fighters following a deal sealed with the U.K. on Monday to buy 20 of the jets. The deal between NATO allies Türkiye and the U.K....

Oman is open for business, supported by a strong legal foundation

Over the past five decades, the Sultanate of Oman has witnessed significant economic developments, including modernising its legislative frameworks and expanding its logistical infrastructure, such as ports, roads, airports and industrial zones....

Oman Investment Authority posts RO 7.3 billion profit as SOE reform gains momentum

MUSCAT : Oman’s sovereign wealth fund, the Oman Investment Authority (OIA), reported RO 7.3 billion in profits over the past four years as it accelerates reforms of state-owned enterprises (SOEs) to boost efficiency and reduce debt, according to...

Oman’s first biodiesel fuel station opens at Duqm

Muscat: Oman Oil Marketing Company (OOMCO) inaugurated the Duqm Gateway Station at the Duqm Special Economic Zone, incorporating the first the Sultanate’s filling station to dispense biodiesel fuel. The launch marks another milestone in the...

AM Best affirms GIG Gulf’s financial strength rating of A (Excellent) for 5th Consecutive Year

TDT | Manama Email: mail@newsofbahrain.com GIG Gulf, part of Gulf Insurance Group K.S.C.P., yesterday announced that AM Best has affirmed its Financial Strength Rating (FSR) of A (Excellent)and Long-Term Issuer Credit Rating (ICR) of “a+”...

Explained: Oman customs issues comprehensive rules for cash declarations at borders to curb money laundering

Traveler declares cash exceeding RO6,000 at Oman Customs under new anti-money-laundering regulations/Representative Image Oman Customs has introduced detailed guidelines for travelers carrying cash or bearer-negotiable instruments across its...

Do you know how much cash you can carry while entering, exiting Oman?

Muscat : The Oman Customs has issued a new guideline for disclosing the need for persons carrying cash or bearing negotiable instruments across the Sultanate of Oman borders, to prevent money laundering and terror funding. As per the notification,...

WCO showcases Oman’s ‘Bayan’ platform as blueprint for single-window customs modernization

MUSCAT – The Sultanate of Oman continues to strengthen its position as a regional leader in digital trade facilitation with the success of Bayan, the country’s national single-window customs system that has transformed border clearance operations...

Central Bank of Oman lowers repo rate by 25 basis points

MUSCAT – The CBO’s monetary policy aims at maintaining its fixed exchange rate, which is aligned with the structure and nature of the Omani economy. There are several advantages derived from this policy for the economy of the Sultanate of Oman,...

Oman, Azerbaijan hold official talks session

Muscat: The Sultanate of Oman and the Republic of Azerbaijan held an official session of talks in Muscat on Wednesday. The session discussed ways to enhance bilateral relations between the two countries in the political, economic, cultural and...

Muscat Governorate launches Oman’s largest integrated ‘glamping’ hub in Qurayyat

MUSCAT – The landmark project, awarded by the Muscat Governorate through Muscat Municipality, marks a pioneering step in Oman’s tourism and eco-leisure sector. Spanning an area of 500,000 square metres, the integrated Glamping Hub will combine...

Oman participates in INCOSAI congress

MUSCAT: Represented by the State Audit Institution (SAI), the Sultanate of Oman is taking part in the 25th International Congress of Supreme Audit Institutions (INCOSAI), being held in Sharm el Sheikh, Egypt, under the auspices of the...

Oman, Azerbaijan diplomatic ties reflect commitment to engagement

MUSCAT: The official opening ceremony for the new Embassy of the Republic of Azerbaijan was held in Muscat on Wednesday under the auspices of Jeyhun Bayramov, Minister of Foreign Affairs of Azerbaijan, in the presence of Sayyid Badr bin Hamad al...

Oman participates in fourth session of Arab Environment Forum in Mauritania

Nouakchott: The Sultanate of Oman participated in the fourth session of the Arab Environment Forum, convened in Nouakchott, capital of the Islamic Republic of Mauritania on Wednesday. The forum, organised under the thematic banner "Towards...

Oman engages in GCC Ministers of Commerce and Industry meetings in Kuwait

Kuwait: The Sultanate of Oman participated in the Gulf Cooperation Council (GCC) Ministers of Commerce and Industry meetings, convened in the State of Kuwait. The high-level gathering assembled the Ministers, ministry undersecretaries, leadership...

Oman, Azerbaijan hold official talks

Muscat: The Sultanate of Oman and the Republic of Azerbaijan held an official session of talks in Muscat on Wednesday. The session discussed ways to enhance bilateral relations between the two countries in the political, economic, cultural and...

Oman and Azerbaijan to enhance bilateral relations

Muscat: Sheikh Abdulmalik Abdullah Al Khalili, Chairman of the State Council, received on Wednesday at the Council’s headquarters Jeyhun Bayramov, Minister of Foreign Affairs of the Republic of Azerbaijan, and his accompanying delegation, as part...

Tender awarded for the largest camping are in Oman

Muscat: An integrated camping area—the largest and first of its kind in the Sultanate of Oman—spanning half a million square metres, will be coming up in the Huwiyyat Najm area of the Wilayat of Quriyat. Muscat Governorate, represented by Muscat...

Most Gulf central banks cut key rates by 25 basis points after Fed move

CAIRO: Most Gulf central banks cut key interest rates on Wednesday after the U.S. Federal Reserve moved to reduce rates by a quarter of a percentage point, its second rate cut decision this year. The Fed's decision to cut rates by 25 basis points...