Oman to attend G20 Trade and Investment Ministerial Meeting
MUSCAT: Qais bin Mohammed al Yousef, Minister of Commerce, Industry and Investment Promotion, is heading the delegation of the Sultanate of Oman to the G20 Ministerial Meeting on Trade and Investment,...
Financial manager programme to empower new generation of Omani business leaders
MUSCAT: In a strategic partnership, the Oman Chamber of Commerce and Industry (OCCI) and the Muscat Chapter of the Institute of Chartered Accountants of India (ICAI) are poised to unveil the...
GCC aims for $100 bn investment in water desalination capacity
SALALAH, AUG 22The Independent Water Regulatory Forum opened in Salalah on August 22, 2023 with the participation of experts from the Sultanate of Oman and officials from other GCC countries to...
SMEDA chairperson visits Dhofar to empower entrepreneurs
SALALAH, AUG 22The Chairperson of the Small and Medium Enterprises Development Authority (SMEDA), Halima bint Rashid al Zareeya, recently visited the Dhofar Governorate as part of a tour of...
2,700 investor residency cards issued to date
MUSCAT, AUG 21The Ministry of Commerce, Industry, and Investment Promotion has launched an engaging promotional campaign in support of its investor residency programme. This campaign aims to highlight...
Salalah forum to empowering water regulation in the GCC
SALALAH, AUG 21Water regulators of the Gulf Cooperation Council (GCC) states are due to gather here to take part in the Independent Water Regulatory Forum, which takes place during August 22 – 23,...
Strong rise in tourist flows to UNESCO heritage sites in Dhofar
SALALAH: Three UNESCO World Heritage Sites in Dhofar Governorate have received over 53,000 visitors so far this year, with arrivals seeing a steady uptick during the current khareef season.The most...
Sohar International completes merger with HSBC Oman
MUSCAT: In a disclosure to the Muscat Stock Exchange (MSX), Sohar International Bank SAOG and HSBC Bank Oman SAOG announced yesterday, August 20, 2023, the successful completion of their merger,...
Better safe in khareef than sorry
SALALAH: Incessant rain during the khareef season has led to increased water levels in the wadis of Dhofar Governorate. One such wadi benefitting from the seasonal showers is Wadi Darbat which, along...
Khareef visitors throng Wadi Darbat
Muscat: Mwasalat and Dhofar Municipality have organized shuttle buses for visitors to the viewpoint of Wadi Darbat waterfalls from the parking lot in cooperation with Dhofar Municipality.Visitors are...
Array of festive events awaits khareef visitors
SALALAH, AUG 18Dhofar’s Khareef holiday season affords more than just a memorable holiday amid the governorate’s enchanting subtropical settings. Dhofar Municipality has also laid on array of...
Oman-China bilateral trade tops $40 billion in 2022
SALALAH: In commemoration of the 10th anniversary of the Belt and Road Initiative, Li Lingbing (pictured), China’s Ambassador to the Sultanate of Oman, addressed the Omani-Chinese Forum, delving...
Dhofar Governors' Forum advances strategic collaboration and economic advancement
SALALAH, AUG 16Dhofar is hosting a high-profile assembly of governors for discussions on strategic collaboration and economic advancement across the governorates of the Sultanate of Oman. The...
Hidden trade: New curbs on proceeds from sales of bullion, precious stones
MUSCAT, AUG 15The Ministry of Commerce, Industry and Investment Promotion has issued Ministerial Decision No. 2023/425, which regulates monetary transactions for those engaged in the sale or purchase...
Symposium explores Oman’s frankincense-based cultural heritage
SALALAH: The Sultan Qaboos Youth Complex for Culture and Entertainment in Salalah was the vibrant backdrop for an enlightening symposium that delved into the intricate interplay between frankincense...
Cybersecurity sector to unlock opportunities for economic growth
SALALAH, AUG 14A cybersecurity forum that opened in Salalah on yesterday, has highlighted the potential for the industry to help the Sultanate of Oman diversify its economy and attract investment.The...
Oman attracts $370 million investment in new data hosting, crypto mining centre
SALALAH: Oman's Ministry of Transport, Communications, and Information Technology (MTCIT) has welcomed a new entrant to the country's thriving data hosting and processing sector. The Afaaq for...
Oman must harness vast beaches, khareef season to drive tourism: Expert
SALALAH: White sandy beaches overlooking the azure waters of the Arabian Sea, punctuating the 3,165 kilometre coastline of the Sultanate of Oman, should be suitably harnessed to attract beach loving...
Oman attracts investment worth RO135 million in data hosting
SALALAH: The Ministry of Transport, Communications, and Information Technology (MoTCIT) inaugurated the Afaaq for Advanced Technologies data hosting and cryptocurrency mining center at Salalah Free...
Khareef revs up Dhofar economy
Salalah, Aug 11 The tide of tourists streaming into khareef-bound Dhofar is having a knock-on effect on the wider economy in the governorate.As disclosed by the National Centre for Statistics and...