Paul Tas
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Business News
Oman’s conventional commercial banks report a 4.8% rise in total credit by December 2024
Muscat: According to the latest data, credit granted to the private sector grew by 3.6% to reach RO 20.7 billion,…
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Latest
Oman’s production and exports see slight dip as global oil prices average $72.5 per barrel
Muscat: Despite steady output, exports declined by 1.5% compared to January 2024, when shipments totaled 26.20 million barrels. Oman’s total…
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Latest
International Women’s Day: Oman launches women’s indicators page to offer progress across key sectors
Muscat: The initiative aims to provide comprehensive data on Omani women’s contributions and progress in six key areas: demography, health,…
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World News
Tourism showcase strengthens international partnerships as Oman concludes ITB Berlin 2025
Muscat: The Omani pavilion showcased the nation’s cultural heritage, breathtaking landscapes, and world-class hospitality, reinforcing its status as a must-visit…
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Latest
Revenues soar 537% as Oman boosts standards sector with digital transformation and quality strategies
Muscat: Imad bin Khamis Al-Shukaili, Director General of Specifications and Metrology at the Ministry of Commerce, Industry and Investment Promotion,…
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Business News
Muscat Stock Exchange sees decline amid profit approvals, Asyad Shipping listing ahead
Muscat: Dividend season is in full swing at the Muscat Stock Exchange (MSX), with public joint stock companies holding their…
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Latest
Central Bank of Oman reserves hit RO 7 billion, gold holdings triple
Muscat: This growth reflects strengthening investor confidence in the Omani economy, which saw 2.7% GDP expansion, reaching RO 30.6 billion…
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Oman News
Spring Festival Maslenitsa to return as an annual tradition in Oman from 2026
MUSCAT: The Spring Festival Maslenitsa, a spectacular celebration of Russian culture, is set to return in 2026, officially becoming a…
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Business News
GCC inflation rises by 1.7%, Kuwait records highest rate
Muscat: Among GCC nations, Kuwait recorded the highest inflation rate at 2.4%, followed by Saudi Arabia at 1.9%, Qatar at…
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Latest
Mining, manufacturing, and utilities see declines as Oman’s producer price index dips 1.7% in Q4 2024
Muscat: The decline was driven by lower prices across mining, manufacturing, and utility sectors. The mining and quarrying group saw…
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Business News
Oman’s bank credit rises to RO 32.5 billion, with deposits up by 9.1%
Muscat: Credit granted to the private sector also saw steady expansion, rising 5.9% to RO 27.1 billion, reflecting continued economic…
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Sports News
Champions Trophy 2025: Tickets for India vs New Zealand final in Dubai sold out
DUBAI: Ticket prices ranged from AED 250 for general admission to AED 12,000 for the exclusive Sky Box hospitality, and…
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