EconomyArab oil exporting country’s economies to shrink by 4.75% in 2020Pritam BordoloiAugust 18, 2020August 18, 2020 by Pritam BordoloiAugust 18, 2020August 18, 2020 The diversified economies in the region to shrink by 2%... Read more
FeaturedFintechBankDhofar partners with Oman Air to launch payment gatewayPritam BordoloiJuly 14, 2020 by Pritam BordoloiJuly 14, 2020 The new service will enable the carrier's customers to process air tickets booking online using debit cards... Read more
FeaturedLogisticsOman Logistics Center launches cloud-based technology initiativePritam BordoloiJune 19, 2020June 19, 2020 by Pritam BordoloiJune 19, 2020June 19, 2020 Tawseel will empower startups and SMEs in Oman in the last mile delivery space... Read more
EconomyFeaturedGCC nations to face the worst economic crisis in history, warns IIFPritam BordoloiJune 2, 2020 by Pritam BordoloiJune 2, 2020 GDP of GCC nations to contract 4.4% this year... Read more
EnergyFeaturedDevelopment of Oman’s largest solar project makes headwayPritam BordoloiMay 26, 2020 by Pritam BordoloiMay 26, 2020 Arctech Solar produced 575 MW of trackers and shipped the major tracker components to the Ibri II solar power project in Oman... Read more
FeaturedOil & GasOil price increases above Dh110 a barrel after reduced activityInternational Finance Business DeskMay 18, 2020May 19, 2020 by International Finance Business DeskMay 18, 2020May 19, 2020 Last month, Opec expected the sector to shrink 6.85 mn bpd... Read more
AviationFeaturedIATA: Oman’s airlines to suffer revenue losses of $724 mn in 2020Pritam BordoloiApril 29, 2020 by Pritam BordoloiApril 29, 2020 Oman's aviation industry could see 4.3 million fewer passengers in 2020... Read more
FeaturedReal EstateReal Estate deals in Oman fall by 30.6% in January 2020International Finance Business DeskMarch 25, 2020 by International Finance Business DeskMarch 25, 2020 The number of plots issued also falls by 14.7%... Read more
EconomyMagazineHow prepared is Oman to levy VAT?Bharath KumarMarch 13, 2020March 20, 2020 by Bharath KumarMarch 13, 2020March 20, 2020 Although the Sultanate’s taxation system is largely unprepared for the implementation of VAT, VAT will benefit Oman’s economy... Read more
AviationFeaturedOman’s national strategy to enhance aviation sector by 2030Bharath KumarFebruary 27, 2020March 18, 2020 by Bharath KumarFebruary 27, 2020March 18, 2020 The National Aviation Strategy will improve the Sultanate’s aviation industry and strengthen the economy at large... Read more