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Oman, Iran boost economic partnership through Preferential Trade Agreement

Oman, Iran boost economic partnership through Preferential Trade Agreement

Muscat – A Royal Decree No 71/2025 was issued ratifying the Preferential Trade Agreement (PTA) between the Sultanate of Oman and the Islamic Republic of Iran, a step that will enhance economic and trade relations between the two countries and open...

Saudi Arabia, Oman Authorities Launch Mobile Vet Clinic

Saudi Arabia, Oman Authorities Launch Mobile Vet Clinic

The Arabian Leopard Fund and Oman’s Environment Authority on Thursday launched the region’s first mobile veterinary clinic of its kind to support the conservation of the Arabian leopard in the Omani governorate of Dhofar. Ibrahim bin Bishan, Saudi...

QBA explores investment opportunities with Omani Minister of Commerce and Industry

QBA explores investment opportunities with Omani Minister of Commerce and Industry

Doha: The Qatari Businessmen Association (QBA) and HE Minister of Commerce, Industry and Investment Promotion of the Sultanate of Oman Qais bin Mohammed Al Yousef, who is visiting the country, discussed on Saturday bilateral cooperation,...

Sohar International provides $500mn financing for Oman-GCC electricity link

Sohar International provides $500mn financing for Oman-GCC electricity link

Muscat – Sohar International has announced the signing of a landmark $500mn financing agreement with the Gulf Cooperation Council Interconnection Authority (GCCIA). The funding will support the Oman-GCC Electrical Interconnection Project, a major...

Qatari Businessmen Association discusses investment opportunities with Omani commerce and industry ministry

Qatari Businessmen Association discusses investment opportunities with Omani commerce and industry ministry

DOHA: The Qatari Businessmen Association (QBA) has discussed with Minister of Commerce, Industry and Investment Promotion of the Sultanate of Oman HE Qais bin Mohammed Al Yousef, who is currently visiting the country, cooperation relations between...

Over 100 brands to showcase franchise opportunities at Omani-Saudi Exhibition

Over 100 brands to showcase franchise opportunities at Omani-Saudi Exhibition

Muscat: Franchising has emerged as one of the fastest-growing business models worldwide, offering entrepreneurs access to proven concepts while reducing risks. In Oman and Saudi Arabia, it is increasingly viewed as a driver of job creation,...

300 experts, 80 speakers to gather next week in Oman for Arab World 2025 Conference

300 experts, 80 speakers to gather next week in Oman for Arab World 2025 Conference

Muscat: Opening next Tuesday under the theme “Digital Innovation for Sustainable and Flexible Higher Education,” the conference is organised by the Ministry of Higher Education, Scientific Research and Innovation in cooperation with the Arab Open...

Oman’s NCSI to launch world’s first AI-powered Household Expenditure and Income Survey

Oman’s NCSI to launch world’s first AI-powered Household Expenditure and Income Survey

MUSCAT: The National Centre for Statistics and Information (NCSI) is stepping up efforts to provide reliable and comprehensive data to support decision-making, policy development, and sustainable growth in the Sultanate of Oman amid rapid economic...

Omani tourism is booming and this one-of-a-kind hotel — with exquisite marble swimming pools dedicated murshid guides — shows why

Omani tourism is booming and this one-of-a-kind hotel — with exquisite marble swimming pools dedicated murshid guides — shows why

Tourism is booming in Oman, contributing more than $5.5 billion to the economy last year, according to official data. Hotel heavyweights, including the St Regis and Mandarin Oriental groups, have moved into Muscat and, just as the capital is a...

OCCI to host two forums to enhance business climate, diversification

OCCI to host two forums to enhance business climate, diversification

Muscat: The Oman Chamber of Commerce and Industry (OCCI) will host, on Sunday 14 September, a forum titled ‘Arbitration in Banking, Insurance and Finance Contracts’ in cooperation with the Oman Commercial Arbitration Centre, under the patronage of...

Royal Decree to help strengthen Oman and Iran trade relations

Royal Decree to help strengthen Oman and Iran trade relations

Muscat: A Royal Decree No. (71/2025) was issued ratifying the Preferential Trade Agreement (PTA) between the Sultanate of Oman and the Islamic Republic of Iran, a step that will enhance economic and trade relations between the two countries and...

Sohar International extends USD 500 million in financing for the Oman-GCC Electrical Interconnection Project

Sohar International extends USD 500 million in financing for the Oman-GCC Electrical Interconnection Project

Muscat: Reinforcing its firm commitment to supporting strategic initiatives with long-term economic and social impact, Sohar International has announced the signing of a landmark USD 500 million financing agreement with the Gulf Cooperation...

GCCIA, Sohar Bank Finalise USD 500 Million Oman–Gulf Power Interconnection

GCCIA, Sohar Bank Finalise USD 500 Million Oman–Gulf Power Interconnection

The Gulf Cooperation Council Interconnection Authority and Sohar International Bank signed a USD 500 million financing deal to link Oman’s grid with the GCC network, strengthening energy security, trade, and regional integration. September 13,...

Oman, Templewater launch $200m Energy Transition Fund

Oman, Templewater launch $200m Energy Transition Fund

The Future Fund Oman (FFO), an Oman Investment Authority (OIA) fund and Templewater, a leading pan-Asia alternative asset manager, held a signing ceremony on Thursday, September 11, to commemorate the launch of Oman’s first dedicated Energy...

$500m pact to finance Oman–GCC power interconnection project

$500m pact to finance Oman–GCC power interconnection project

MUSCAT, SEPT 12 The Gulf Cooperation Council Interconnection Authority (GCCIA) and Sohar International have signed a $500 million interim financing agreement to fund the implementation of a landmark electricity interconnection project linking Oman...

Samay Shrivastava: Former Madhya Pradesh spinner found his home in Oman

Samay Shrivastava: Former Madhya Pradesh spinner found his home in Oman

Samay Shrivastava's cricket journey is one marked by resilience, determination, and an unlikely twist of fate. Once a promising leg-spinner from Bhopal, Madhya Pradesh, Shrivastava's career stalled in India due to a lack of opportunities at the...

Rethinking Oman’s economic model

Rethinking Oman’s economic model

Economies across the globe are undergoing profound shifts, setbacks and uncertainties. These changes stem from local factors — such as the scarcity of resources and their distribution — as well as external influences from major powers and global...

Oman Air signs agreement with Software Systems LLC

Oman Air signs agreement with Software Systems LLC

Oman Air and OHI Group subsidiary Software Systems LLC (SSL) signed an agreement for the implementation of a new Enterprise Document and Records Management System (EDRMS) at COMEX 2025. The initiative marks a significant step in the airline’s...

Oman to launch 2 new investment platforms, eyes Central Asia

Oman to launch 2 new investment platforms, eyes Central Asia

Oman is preparing to launch two new investment platforms to further deepen cross-border investments with a large Chinese involvement in a Central Asia-focussed fund, a senior official from the country’s sovereign wealth fund said on Wednesday....

Oman launches first mobile veterinary clinic to protect endangered Arabian leopard

Oman launches first mobile veterinary clinic to protect endangered Arabian leopard

Muscat: Equipped with state-of-the-art medical tools, the mobile unit is designed for rapid field intervention and will be supported by a specialized veterinary team. The clinic will also run training programs to build local expertise in wildlife...

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