SOHAR Port and Freezone launches ‘Ruwaj’

SOHAR Port and Freezone has launched Ruwaj, a new entrepreneurship development programme in North Al Batinah, to support 100 Omani citizens (aged 20 to 34) in building market-ready businesses and commercial products.

Oman’s Tax Authority removes Reliance Audit

Oman’s Tax Authority has removed Reliance Audit from its list of approved accounting firms following a decision by the Financial Services Authority (FSA) to deregister the firm from the register of licensed auditors.

Oman’s refinery output declines 6.8%to 89.9

Oman’s refinery production declined by 6.8 percent by the end of May 2026, reaching 89.91 million barrels, compared with 96.52 million barrels during the same period in 2025, according to preliminary data from the National Centre for Statistics and Information (NCSI).

Indian rupee nears INR 250 mark against Omani

The Indian rupee weakened against the Omani rial on Tuesday, with the exchange rate reaching INR 249.50 per OMR, marking its highest level in recent weeks, according to local money exchange firms.

Oman’s FSA deregisters Reliance Audit firm

The Financial Services Authority (FSA) has deregistered Reliance Audit firm from the register of licensed accounting and auditing firms following multiple regulatory violations.

Oman inflation hits 2.8% in June as food prices

The Sultanate of Oman's inflation rate reached 2.8 percent in June 2026 compared with the corresponding month of 2025 according to the Consumer Price Index (CPI) data released by the National Centre for Statistics and Information (NCSI).