Tax Authority says 2025 revenues hit RO 1.37bn, tax returns rise 37%
Muscat: Oman Tax Authority said tax revenues reached about RO 1.373 billion in 2025 and the number of tax returns filed rose to about 353,000, up 37% from 2024, citing stronger voluntary compliance...
Restoration of heritage sites catalyses investments, job growth
MUSCAT: Oman is stepping up efforts to turn heritage landmarks into economic assets, with ministry figures showing 28 historic sites were brought into operation through investment deals between 2021...
Oman Air launches first direct Taif flight, expands Saudi network
MUSCAT: Oman Air on Saturday operated its first direct flight to Taif, launching a new route with three services a week as it seeks to strengthen travel links between Oman and Saudi Arabia and support...
What ‘mobility’ should mean in Aviation 2040: Price, seats, reliability
Oman’s National Aviation Strategy 2040 should not be judged by runway upgrades, terminal expansions, or a longer list of destinations. It should be judged by something far more consequential for...
Oman Air signals turnaround with Taif launch
Oman Air launched a new service to Taif on Saturday, with the chief commercial officer saying the airline has returned to positive growth and is now scaling up capacity sharply in 2026, backed by...
MICE tourism yields RO 16m return as Oman targets high-spending delegates
MUSCAT: Oman’s meetings, incentives, conferences and exhibitions (MICE) segment is generating an estimated RO 16 million in economic return, with conference delegates spending three to five times...
Oman’s MB Group eyes over $200m in space investments
MUSCAT: Oman’s Mohammed Al Barwani Group is moving beyond satellite ground-station services to owning dedicated satellite capacity, its Chief Executive Officer said, framing the step as a strategic...
Oman to get dedicated MicroGEO satellite by 2027
MUSCAT: Oman’s MB Group has signed a strategic agreement with US satellite company Astranis to deliver the Sultanate of Oman’s first dedicated MicroGEO communications satellite, contracted under...
Oman’s cities face the next test: Who pays to keep public spaces alive?
MUSCAT: A debate over how Oman’s cities stay lively after “opening day” is gaining attention as public investment expands into parks and waterfronts and the Sultanate of Oman moves towards...
CEO TALK: Beyond the checklist: Why fire engineering is becoming a boardroom issue
Fire safety has long been treated as a late-stage requirement — something to satisfy approvals before a project moves forward. But Shaikh (Eng) Ahmed Saeed Hassan Bait Saeed, CEO of Ahmed Saeed for...
Davos: Oman’s advantage is speed, not slogans
Davos season always produces a familiar soundtrack: diversification, sustainability, digital transformation, human capital. The phrases are not wrong. They are simply no longer rare. What is rare —...
Oman’s next test: How credit grows, not how much
MUSCAT, JAN 19 The International Monetary Fund, in its Oman Article IV consultation released in mid-January 2026, says the Sultanate of Oman’s next reform test is not whether credit grows, but how...
Oman needs catastrophe insurance before the next storm becomes costly
Who should carry the bill when extreme weather strikes Oman — households, small firms, insurers, or the state? What financial protection is actually in place today, beyond motor and medical cover?...
Markets flinch as US Fedchief Powell flags DOJ threat
MUSCAT, JAN 13 An Oman-based economist has warned that any perceived weakening of US Federal Reserve independence could ripple through the dollar, equities and safe-haven trades, after Federal Reserve...
Taxes of reform: Time, Complexity and Uncertainty
In political economy, legitimacy is not built only through speeches and strategies. It is built through the daily experience of citizens and businesses. That experience is shaped by three “invisible...
FSA tightens timeline for general assembly notices
MUSCAT: The Financial Services Authority (FSA) has instructed public joint-stock companies and investment funds to submit general assembly invitation announcements for the Authority’s approval at...
Budget 2026 as Oman’s confidence barometer
MUSCAT, JAN 6 Oman’s Budget 2026 is being read through one number: the deficit. Leading Omani brokerage services firm United Securities says the more revealing test is confidence — whether the...
Oil falls as Venezuela headlines fail to spark supply shock
MUSCAT, JAN 6 Oil prices edged lower in early Asian trading on Monday, moving against initial expectations of a rebound after fresh political developments in Venezuela, as traders judged the risk to...
Banks, bourse and FDI drive Oman’s 2026 budget
MUSCAT, JAN 5 Oman’s 2026 State General Budget may be judged less by its headline deficit and more by whether it can convert improving investor confidence into steady non-oil growth, as indicators...
Muscat: Oil prices edged lower in early Asian trading on Monday, moving against initial expectations of a rebound after fresh political developments in Venezuela, as traders judged the risk to global...