Gayathri Das
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Business News
Record tourism revenue pushes Oman’s GDP gains to RO 2.7 billion
Muscat: Oman’s tourism contribution to the national economy has grown significantly, rising from RO 1.75 billion in 2018 to RO…
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Business News
Oman’s banking sector sees credit rise, private deposits hit RO 17.1 billion
Muscat: According to recent data, the total credit balance granted by conventional commercial banks in the Sultanate rose by 6.9%,…
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Business News
Oman’s import costs climb in Q1 2025, machinery and food drive price surge
Muscat: The data reveals that the biggest year-on-year increase was recorded in the oils, fats, and waxes category—both vegetable and…
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Business News
Oman eyes steady growth with real GDP to hit RO 39.2 billion by end of 2025
Muscat: The Ministry of Economy’s latest projections reveal a promising economic outlook for Oman in 2025. Real GDP at constant…
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Latest
Single-use bags must be provided free, new rules for shopping malls, retail outlets in Oman
Muscat: In a joint initiative, the Ministry and the Consumer Protection Authority have directed all commercial establishments operating in shopping…
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Business News
Over 900,000 guests and counting, Oman’s 3-5 star hotels see 18.5% revenue jump
Muscat: The growth in hotel revenues marks a notable increase from the RO 108.379 million recorded during the same period…
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Business News
Oman’s Etlaq Spaceport gears up for Duqm-2 rocket launch
MUSCAT – This mission marks another milestone in the Sultanate’s emerging space ambitions.The Duqm-2 launch is facilitated by New Zealand-based…
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Latest
National Museum launches ‘Heritage and Legacy’ summer programme with BP Oman support
MUSCAT – Organised by the museum’s Learning Centre and supported by BP Oman, the initiative offers interactive, hands-on art workshops…
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Latest
Sheikh Saif Al Maskery appointed Omani Patron of Oman-Switzerland Friendship Association
MUSCAT – Sheikh Saif’s extensive career spans over 50 years, during which he has held several prominent positions, including Ambassador…
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Auto News
Hongqi H6: A new benchmark in luxury and performance
Muscat – The all-new Hongqi H6, launched in Feb 2025, is a bold statement in luxury, innovation, and region-specific performance,…
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Latest
ROP to roll out smart tech to boost Oman’s road safety, detect common traffic violations
MUSCAT – Brigadier Engineer Ali bin Salim Al Falahi, Director General of Traffic, stated that the ROP is developing a…
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Latest
Sulfur dioxide leak contained by Oman’s CDAA team in Sohar, no injuries reported
MUSCAT – The Authority’s hazardous materials response team dealt with the incident, ensuring the leak was safely controlled without any…
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