Oil price increases above Dh110 a barrel after reduced activity
Last month, Opec expected the sector to shrink 6.85 mn bpd...
Tag : Oman
IATA: Oman’s airlines to suffer revenue losses of $724 mn in 2020
Oman's aviation industry could see 4.3 million fewer passengers in 2020...
Real Estate deals in Oman fall by 30.6% in January 2020
The number of plots issued also falls by 14.7%...
How prepared is Oman to levy VAT?
Although the Sultanate’s taxation system is largely unprepared for the implementation of VAT, VAT will benefit Oman’s economy...
Oman’s national strategy to enhance aviation sector by 2030
The National Aviation Strategy will improve the Sultanate’s aviation industry and strengthen the economy at large...
Oman to introduce 5% VAT in early-2021 to generate additional revenue
The UAE, Bahrain and the Kingdom of Saudi Arabia have already levied VAT as agreed by the six GCC members...
Renewable energy to help Oman save up to $1 bn
Oman plans to generate at least 10% of its energy demands from renewables...
MSCI Kuwait upgrade to boost ETFs and equities
The move is expected to generate billions of dollars of inflows into the Kuwait market...
Bank Muscat to launch $100 mn strategic fintech programme
The programme will ensure top class services and digital innovations across all segments...
China’s State Grid buys 49% stake in Oman electricity Utility
State Grid paid $1 bn to Oman’s Electricity Holding Company for the stake in Oman Electricity Transmission...