Oman’s general import index rises 1.1%

Muscat: The general index of import prices in the Sultanate of Oman rose by 1.1 percent during the third quarter of 2024 compared to the same quarter of 2023. Statistics issued by the National Centre for Statistics and Information (NCSI) showed that key …

King of Bahrain to visit Oman on Tuesday

Muscat: King Hamad bin Issa Al Khalifa of the Kingdom of Bahrain will pay a state visit to the Sultanate of Oman with effect from this Tuesday. The Diwan of Royal Court issued a statement to this effect, reading as follows: “King Hamad bin Issa Al Khalifa …

Oman and Saudi Arabia sign MoU to enhance financial cooperation

Muscat – The agreement was formalised today, January 12, in Madinah, Saudi Arabia, with Oman represented by His Excellency Sultan bin Salem Al Habsi, Minister of Finance, and Saudi Arabia by His Excellency Mohammed bin Abdullah Al Jadaan, Minister of …

Oman’s Madayn records cumulative investment of over RO 1 billion in five years

Muscat – This growth reflects the organization’s continued efforts to strengthen Oman’s national economy and align with the country’s Vision 2040 objectives. The same period also witnessed the launch of Madayn’s future vision – Madayn 2040 – through which …

Oman’s industrial sector contributes 19.5% to GDP

Muscat – This marks a significant 19.5 percent share of the total GDP, valued at RO 20.9 billion, reflecting the sector’s growing importance in Oman’s economy. Manufacturing industries accounted for the largest share, contributing RO 2.19 billion, or 10.5 …

Over 150,000 new employees have joined Oman’s workforce in recent years: Labour Minister

MUSCAT: In an interview with Oman TV, His Excellency Dr. Mahad bin Said bin Ali Baowain explained that the significant milestone marks the first time such a large number of individuals have joined the workforce. Approximately 60,000 to 70,000 of these new …

Digital passport in ‘experimental stage’, to be implemented soon: Royal Oman Police

Sending reminder messages one month and one week prior to the expiration of an individual’s ID card, passport, and driving license. In response, the Royal Oman Police acknowledged the suggestion, revealing that the electronic passport service is currently …

Oman emphasizes joint action for Syria at expanded Arab meeting

Muscat – His Excellency Sayyid Badr Albusaidi, Minister of Foreign Affairs, headed the Sultanate’s delegation at the expanded Arab meeting on Syria, which was held today, January 12, in Riyadh with the aim of discussing regional and international efforts …

Oman participates in Islamic Development Bank Governors’ Forum

Muscat – The forum serves as a platform to foster integration among IDB member states and facilitate the exchange of visions and ideas aimed at shaping the future of the Bank. During the forum, the ten-year strategic framework document (2026-2035) for the …

Bahrain King to pay state visit to Oman on January 14