Oman-Japan forum to strengthen business partnerships
MUSCAT In a significant step towards enhancing bilateral trade relations and exploring investment opportunities, the Oman Chamber of Commerce and Industry (OCCI) hosted the Oman-Japan Business Forum...
How ‘Ejada’ could change the way governments work
Governments everywhere face mounting pressure to keep up with a rapidly changing world. People want better services, more accountability and solutions to challenges like unemployment and economic...
State revenues rise 4% to RO 10.2 billion by Oct-end
MUSCAT, DEC 11 The Ministry of Finance has announced a significant 4 per cent rise in Oman’s state general revenues, which climbed to a total of RO 10.203 billion as of October-end 2024, up from RO...
Transformative leadership strategies pivotal to shaping Oman’s sustainable future
MUSCAT, DEC 10 The 14th Annual Leadership Conference, held on December 10-11 at the Grand Millennium Muscat, convened global thought leaders, policymakers, and industry experts to discuss...
Reliable statistics a foundational tool for development in GCC
MUSCAT, DEC 9 Jasim bin Mohammed al Budaiwi, Secretary-General of the Gulf Cooperation Council (GCC), presided over celebrations marking Gulf Statistics Day here on Monday, December 9, 2024. The...
MUSCAT: Jasim bin Mohammed al Budaiwi, Secretary-General of the Gulf Cooperation Council (GCC), presided over celebrations marking Gulf Statistics Day. The event, organised by the GCC Statistical...
An inclusive, sustainable and competitive Omani economy: Pankaj Khimji
MUSCAT: Oman has positioned itself as a global trade and investment hub as part of a broader quest to transform and diversify its economic base. In an exclusive interview, Pankaj Khimji, Advisor for...
OIA: Driving Oman’s economic diversification
In an era increasingly driven by innovation and sustainability, the Oman Investment Authority (OIA) has emerged as a strategic vehicle that envisions the future while driving economic development in...
‘Energy security and energy transition are not mutually exclusive’
MUSCAT: In a compelling keynote address at the 18th Annual GPCA Forum, Prof Christof Rühl, a renowned Senior Research Scholar at Columbia University’s Center on Global Energy Policy, laid out a...
Merchandise exports of Oman surge by 10%
MUSCAT, DEC 4 Oman’s merchandise exports recorded a robust 10 per cent growth, reaching RO 18.241 billion by the end of September 2024, compared to RO 16.590 billion during the same period in 2023,...
Dow champions circular economy solutions
MUSCAT, DEC 4 Jim Fitterling, Chairman and CEO of Dow, delivered a compelling address at the GPCA conference, articulating a forward-looking vision for the chemical industry while emphasizing the...
Oman Flour Mills secures subsidy to stabilise wheat prices
Muscat: Oman Flour Mills Company (SAOG) has announced receiving official confirmation from the government regarding a subsidy for wheat, effective from May 1, 2024, for a duration of one year. The...
KPC targets $10 billion investments annually in energy sector
MUSCAT, DEC 3 Shaikh Nawaf S al Sabah, Deputy Chairman and CEO of Kuwait Petroleum Corporation (KPC), delivered an insightful keynote address at the GPCA Forum, outlining KPC’s strategies for...
OCCI and Riyadh Chamber discuss trade and economic cooperation
RIYADH: The Oman Chamber of Commerce and Industry (OCCI) and the Riyadh Chamber discussed ways to enhance trade and economic cooperation between the two friendly countries during a meeting held at the...
Ras Al Jinz Turtle Reserve attracts eco-tourists
SUR, DEC 2 Ras Al Jinz Turtle Reserve on Oman’s east coast has emerged as a premier eco-tourism destination, attracting over 24,000 visitors as of October-end 2024. This figure underscores its...
Kharazi Watches: A tale of Iranian success in Oman
MUSCAT, DEC 1 Recent data from the National Centre for Statistics and Information (NCSI) reveals a significant surge in trade relations between Oman and Iran, showcasing the Sultanate of Oman’s...
Imperatives of balancing economic growth and diversification in Oman
The data released in the Monthly Statistical Bulletin of the National Centre for Statistics and Information (NCSI) for November 2024 highlights significant developments in Oman’s economic...
New investments spotlight Musandam’s importance
In an era of dynamic global trade and economic interconnectivity, Oman’s Musandam Governorate emerges as a hidden gem with strategic potential. Overlooking the Strait of Hormuz—a lifeline for...
Oman unveils National IP Strategy at key expo
Muscat: Oman’s Ministry of Commerce, Industry, and Investment Promotion (MoCIIP) inaugurated the National Intellectual Property (IP) Exhibition on Monday, November 25, 2024, at the Oman Convention...
Expat numbers dip 1.2% to 1.811m
MUSCAT: The Sultanate of Oman witnessed a subtle decline in its expatriate workforce in October 2024. According to the latest figures released by the Royal Oman Police (ROP), the number of expatriates...