Effect of declining oil prices on Oman’s budgetary obligations
US President Donald Trump's recent tariff-related decisions have unleashed a wave of economic and political impacts for developed and emerging countries alike. These decisions have negative...
Calls for Omanisation freeze counterproductive
While relevant authorities are working to employ, train, and qualify Omanis for work in various available economic sectors, and to raise the percentage of "Omanisation" among qualified personnel in...
Oman’s presence at Expo Osaka to boost Japanese tourism
Undoubtedly, significant efforts have been made to ensure the country's participation in the international expo currently being held in Osaka, Japan. The expo began on April 13, 2025, and will...
Can Oman leverage its soft power to drive economic growth?
Oman’s soft power stems from various political and economic factors, particularly its active role in global diplomacy and economic affairs. It is rooted in a number of interconnected elements that...
Why health insurance is essential year-round
Health insurance in Oman offers numerous benefits to subscribers, while relevant authorities require the minimum level of coverage in accordance with the provisions stipulated in Ministerial...
Implications of money laundering for GCC economies
In recent years, courts across the Gulf have issued several convictions against individuals involved in money laundering, in cases that violate commercial and investment laws and regulations.One of...
Harnessing the potential of Islamic banks to drive growth
Some experts believe that Islamic banks in the region have not achieved the desired economic development in most Arab and Islamic countries. However, they contribute to some important commercial...
Unpacking Oman’s commercial registration boom
Some believe that the rise in the number of commercial registrations registered with the Ministry of Commerce, Industry and Investment Promotion (MoCIIP), from 280,793 in 2020 to 441,773 in 2024, is...
Impacts of the Gaza War for the Israeli economy
Since the outbreak of the barbaric Israeli war on the people of Gaza on October 8, 2023, the crises facing Palestinian families in this territory have also increased. This is due to the scarcity of...
Canada pushes back against US in tariff war
The world is reacting to US President Trump's decision to raise tariffs on countries around the world, justifying this by saying that America is losing out on foreign trade, especially with major...
Digital technology facilitates daily tasks
Digital technology has facilitated many tasks in our daily work. It has reduced the need for people, especially the elderly, to go out to complete tasks that could be done using smart electronic...
The Chinese language is being embraced globally
Several decades ago, educational institutions and universities worldwide began incorporating the Chinese language into their curricula. This allowed commercial, industrial, and tourism sectors to...
The state of the Arab economy in the next phase
Despite the wars and conflicts affecting Arab economies—especially the recent violent and destructive war in Gaza and other Arab countries—some economic indicators in the region continue to show...
Oman at Japan Expo 2025: Strengthening economic and cultural ties
The Sultanate of Oman has selected three key themes for its participation in the International Expo 2025, which will be held on Kansai Island in Osaka, Japan. This six-month global event will run from...
Extravagance and waste in the holy month of Ramadhan
Why do some Islamic countries exhibit excessive consumption of goods, products, and food during the holy month of Ramadhan, despite the desperate needs of the less fortunate?The value of these...
Social responsibility and the private sector
Many studies have been conducted on the subject of social responsibility of institutions and private sector companies and its impact on the development on economic and social projects. There are many...
Why is global poverty on the rise?
At a time when some countries in the world violate international laws and move towards wars and the extermination of peoples, we find that many countries suffer from poverty due to the spread of these...
OCCI strategies align with Oman’s economic diversification goals
A recent development workshop hosted by the Oman Chamber of Commerce and Industry (OCCI) reinforced its focus on three key areas of the Omani economy: improving the business environment, fostering...
What’s fuelling the steep rise in global gold prices?
Analysts expect gold prices to continue rising in the coming period due to ongoing global political and economic instability, as well as increasing geopolitical conflicts. Additionally, the recent...
Omani-Qatari relations are a sublime model in the region
Omani-Qatari relations have witnessed many positive developments in different fields during the past five decades. Oman has relied on the use of the Qatari educational curriculum in government schools...