author - oman observer

In the quest for economic diversification and sustainable development, Oman stands at a critical juncture. Traditional debt instruments, predominantly facilitated by banks, have long been the bedrock...

In a significant move, Oman is set to introduce a progressive income tax targeting high-income individuals (with salaries above RO 2,000). This initiative shifts towards a more equitable tax system,...

Oman’s money supply, as measured by M2, reached a historic peak of RO 24.24 billion at the end of March 2024, according to recent data from the Central Bank of Oman as reported by Trading...

Oman’s Vision 2040 prioritises foreign direct investment (FDI) as a key driver for economic diversification.The strategy appears successful, with a current FDI stock of $49,560 million (as of...

The world's energy landscape is undergoing a seismic transformation. Driven by concerns over climate change and the falling costs of renewable technologies, a global shift towards cleaner, sustainable...

The Hafeet Rail project, emblematic of a robust Oman-UAE collaboration, is poised to transform Oman’s logistics and trade framework. More than just shortening the travel time between Suhar and Abu...