Oman Data Park partners with Axway for secured data exchange

Oman Data Park (ODP), the Sultanate’s leading provider of managed IT services and cloud solutions, has strategically partnered with Axway, a global leader in API management and digital integration solutions. The collaboration represents a major...

BankDhofar strengthens presence with opening of new branch in Al Khuwair

MUSCAT: In line with its continuous efforts to enhance customer proximity and deliver superior banking experiences, BankDhofar has inaugurated a new branch in Al Khuwair, one of the most vibrant and fast-growing districts in the Wilayat of...

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...

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...

Oman Customs issues guidance on cross-border cash declarations

Muscat – Oman Customs has issued detailed guidance on the declaration requirements for individuals carrying cash or bearer-negotiable instruments across Omani borders, reinforcing national efforts to prevent money laundering and terrorism...

Omani group IGC to sign landmark gas purchase deals

In a move that will mark a major milestone for Oman’s gas sector, the Integrated Gas Company (IGC) will be signing a series of Gas Purchase and Allocation Agreements with leading industrial companies during an official ceremony to be held on...

Oman: OIA generates $426mln cumulative profit

MUSCAT: The Oman Investment Authority (OIA) has emerged as one of the central engines driving the Sultanate of Oman’s economic transformation, delivering solid financial performance and spearheading diversification under the framework of Oman...

Oman: Duqm strengthens role as energy logistics hub with EDO — Sumitomo JV

MUSCAT: Duqm’s growing regional importance as a hub for energy logistics was further reinforced on Monday, October 27, 2025, with the signing of a joint venture agreement to establish Oman’s first integrated energy supply chain management company...

Oman: OTTCO, Royal Vopak to form JV in Duqm

Muscat – Oman Tank Terminal Company (OTTCO), a subsidiary of OQ Group, and Royal Vopak, the Netherlands-based global independent infrastructure provider, have signed a shareholder agreement to establish a new joint venture (JV) company in the...

Oman: National oil pollution exercise in Musandam

The Environment Authority (EA) is implementing the National Oil Pollution Control Exercise (2025) today in Musandam Governorate, in coordination with OQ Exploration and Production Company, with the participation of several governmental, military,...

Oman's Environment Authority conducts oil pollution drill in Musandam

Acting in cooperation with OQ Exploration and Production Company (OQEP), Oman’s Environment Authority carried out a national oil pollution control exercise in the Governorate of Musandam. The drill, codenamed Nawras 25, was part of national...

Oman: MHT signs contract to develop and operate Al Awabi Fort

Muscat – The Ministry of Heritage and Tourism has signed an agreement with Al Awabi Fort Foundation to manage, operate, and promote Al Awabi Fort in the Wilayat of Al Awabi, South Batinah Governorate. The contract was signed by H E Eng Ibrahim...

Oman: Forum sessions in Al Duqm highlight innovation and sustainability

AL DUQM: The second day of the Duqm Economic Forum 2025, held under the theme “Duqm Leads Change”, featured five sessions that highlighted the city’s role as a gateway to innovation, investment, sustainability and future ready urbanisation. With...

Oman: Tax Authority postpones nationwide digital tax stamp rollout to Jan 2026

Muscat – The Tax Authority has announced a revised timeline for the nationwide implementation of the Digital Tax Stamp system, confirming that the local mandatory date for phase three of the initiative has been postponed to January 1, 2026. The...

Oman: $259.8mln investment in 36 projects to drive tourism

Muscat – Ministry of Heritage and Tourism (MHT) has signed 36 usufruct contracts with investors to develop tourism projects valued at RO100mn across several governorates. The agreements were concluded between January and September 2025. The...

Currency Exchange Rates Today – Convert US Dollar, Euro, Pound, Riyal to PKR – 29 Oct 2025

KARACHI – Pakistani rupee remained stable against foreign currencies, as interbank and open market rates showed only slight movement in key currencies, including US Dollar, Euro, and British Pound, according to the latest figures released by local...

Oman’s Labour Ministry denies claims of compulsory retirement after 30 years

Oman dismisses viral claims on 30-year retirement rule / AI-generated illustration As social media posts sparked confusion over a supposed “30-year service rule,” Oman’s Ministry of Labour, on October 27, 2025, has issued an official...

India-Bound Tanker Caught in STS Transfer of Russian Oil Off Oman

A report published in the Financial Times, quoting investigations carried out by TankerTrackers.com, a maritime intelligence company, has shown clear evidence of transshipments of sanctioned Russian oil at transfer locations in the Gulf of Oman....

Azerbaijan and Oman discuss opportunities for expanding cooperation in various areas

Baku, October 29, AZERTAC On October 29, Azerbaijan’s Foreign Minister Jeyhun Bayramov met with Sheikh Abdulmalik Al Khalili, Chairman of the State Council of Oman, during his official visit to the Sultanate of Oman. During the meeting, the...

Oman rolls out new labour reforms: Longer licenses, fee cuts announced

Image credit: Oman News Agency The Ministry of Labor in Oman has issued Ministerial Decision No. 602/2025, introducing a comprehensive new regulatory framework for work licenses and practice permits. The decision brings substantial incentives, fee...