author - oman observer

MUSCAT: Oman has taken a decisive step to strengthen its global trade footprint with the launch of the new Centre for Strategic Partnerships and Foreign Trade. Announced under the directives of His...

MUSCAT: In a strategic move to promote sustainable agriculture in arid environments, the Ministry of Commerce, Industry and Investment Promotion (MoCIIP) has released the Najd Agricultural Guide,...

Muscats: In a bold step to elevate Oman’s global trade position and deepen its international economic partnerships, the Sultanate of Oman has established the Centre for Strategic Partnerships and...

MUSCAT: A recent report by Kamco Invest on corporate earnings across GCC stock markets for the fourth quarter of 2024 revealed mixed performance across the region, with Oman emerging as the top...

Muscat: In a move to encourage environmental awareness and residential greenery, the process of obtaining a free tree-planting permit has been simplified for Omani citizens.Muscat Municipality said...

MUSCAT: Dr Ali bin Masoud Al Sunaidy, Chairman of the Public Authority for Special Economic Zones and Free Zones (OPAZ), has urged Omani youth to pursue opportunities in the country’s burgeoning...

MUSCAT, APRIL 12In recent weeks, a new economic shockwave has begun to ripple through global markets—not from oil prices, but from a looming escalation in trade tensions between the United States...

Oman’s latest labour data (February 2025) reflects notable structural shifts in the workforce. In particular, the distribution of Omani vs expatriate workers by sector and occupation has changed in...

MUSCAT: In a significant move that could reshape Oman’s banking landscape, ahlibank SAOG has formally accepted a Letter of Intent (LoI) from Sohar International Bank SAOG proposing a merger. This...

MUSCAT, APRIL 7Oman recorded a fiscal surplus and moderate economic growth in 2024, driven by higher oil revenues and an expansion in non-oil activities, official data from the National Centre for...

MUSCAT, APRIL 7 Sohar International Bank SAOG said on Monday it had submitted a letter of intent to Ahli Bank SAOG proposing a merger by incorporation, a move that would consolidate the two lenders’...

MUSCAT, April 7 Oman’s growing non-oil trade relationship with the United States is coming under renewed scrutiny, as concerns mount over the long-term implications of American tariff policies on...

MUSCAT: Despite global oil prices averaging around $69 per barrel, Oman is expected to maintain a budget surplus in 2025 — a notable shift from 2018, when the same price level resulted in a deficit...

MUSCAT: Oman’s economy is entering a new demographic phase. According to projections by the National Centre for Statistics and Information (NCSI), the Sultanate of Oman’s population is expected to...

MUSCAT: US President Donald Trump’s surprise announcement of sweeping new tariffs — unveiled during what he dubbed “Liberalisation Day” — has rattled global markets and introduced a fresh...

MUSCAT: In a significant boost to investor confidence, Standard & Poor’s Global Ratings (S&P) has reaffirmed the Sultanate of Oman’s long-term sovereign credit rating at ‘BBB-’ with a Stable...

MUSCAT: Oman’s state-owned mining investment firm, Minerals Development Oman (MDO), has reported a significant expansion of its project pipeline as it continues to add value to the country’s...

SALALAH, MARCH 29As Eid approaches, shoppers in the Wilayat of Salalah are increasingly being asked to transfer payments to personal bank accounts rather than using approved electronic systems—an...

In a timely and forward-looking initiative, Oman’s Civil Aviation Authority (CAA) has announced a plan to grant temporary domestic air permits on the Muscat–Salalah and Suhar–Salalah routes...

Oman is steadily advancing toward its Vision 2040 goals, with renewable energy playing a crucial role in its economic diversification strategy. With an abundance of sunlight, the country has invested...