The deal would add at least £1.6bn a year to the UK economy and support new jobs across key industries
The implementation led by Oman Information and Communications Technology Group, helps the government run its entire IT estate on Oracle Cloud Infrastructure
Sohar International recorded a 41.6 per cent increase in net profit to OMR28.3m for the year ended December 31, 2021
The share sales are part of Oman Investment Authority’s plan to exit state assets in a bid to bolster the country’s coffers and expand its stock exchange
The facility would be powered by renewable energy and produce green energy products
Microsoft will work with Omantel to develop capabilities required for their workforce, assist with streamlining operations and accelerating growth
Orthodontists in Oman will now be able to receive Invisalign training in order to provide clear aligner therapy to their patients
The Finance Ministry expects the economy to grow 5.6 per cent in 2022, in line with IMF predictions
The IMF said it expects the bonanza “to improve fiscal and external balances” in a region that includes 13 exporters in total
The country posted a budget surplus of $545m in the first two months of this year
French investigators have travelled to Beirut to question Ghosn over his interactions with the Omani car distributor and his spending on various events
Oman has implemented a series of reforms to bridge the budget gap and lower its debt, including the introduction of a 5 per cent value-added tax last year
Work is underway to establish a new subsea cable interconnection hub linking Asia, Africa and Europe in partnership with Omantel
Muscat Clearing and Depository finalised measures to open up the market
Located 20 minutes from Downtown Muscat, the project is spread over a total area of 11 million sq m, and will comprise of 3,500 residential units and two hotels
The region is building its infrastructure and programmes to transform into a major tourist destination over the next few decades
Oil futures have soared to the highest level in seven years in the opening weeks of 2022
Oman’s cost-cutting steps along with a rally in oil prices helped the sultanate return to global debt markets
Following $122bn in debt sales in 2021, governments and companies will probably front-load much of their funding needs this year
On the sidelines of the visit, Saudi Arabia and Oman signed 13 memoranda of understanding across different sectors
The projects cover several key sectors, such as energy, food security, manufacturing, mining, health and tourism services
Oman’s fiscal deficit may narrow to 4.2 per cent of gross domestic product in 2021
The Supreme Committee has also warned that authorities will shut down any establishments found in breach of the precautionary measures
The new cloud footprint in Muscat complements existing cloud footprints already available in Dubai, Abu Dhabi, Riyadh and Jeddah
The travel ban will be lifted on September 6, although foreign tourists are still not permitted to enter the country
Key features include a 15-screen Vox cinema complex and the country’s largest indoor snow park
The directive will be effective starting Wednesday, September 1
The sultanate also decided to lift the entry ban on arrivals from all countries starting September 1
It will introduce a fourth weekly service starting August 28
Omani citizens, residents and visitors will be allowed to enter the sultanate from September 1