BankDhofar has signed a cooperation agreement with the Social Protection Fund to advance fintech solutions, reinforcing its role as a digital banking leader and supporting the goals of Oman Vision 2040.
The Governorate of Al Dakhiliyah is fast becoming a hub of economic vitality, with robust growth across commercial, industrial, and investment sectors.
OQ Basic Industries Corporation (OQ) continues to be a key engine of economic growth in Oman, with its Muscat Stock Exchange listing marking a major milestone for both the company and the national financial sector.
Oman’s Islamic banking sector continues its upward trajectory, with total assets of Islamic banks and windows reaching approximately RO 9.1 billion by the end of July 2025.
The Muscat Stock Exchange (MSX) continued its upward momentum for the third month in a row, closing September on a strong note.
Oman’s economy posted modest growth in the second quarter of 2025, with gross domestic product (GDP) at current prices rising by 0.6 percent to reach RO 10.17 billion.
The Organization of the Petroleum Exporting Countries (OPEC) has projected a sharp 23 percent rise in global energy demand by 2050, with oil expected to retain its dominance in the energy mix at nearly 30 percent.
Gold surged to a new peak, buoyed by growing expectations that the U.S. Federal Reserve will slash interest rates this month and as the U.S. government shutdown stretched into its second day.
For Indian consumers, this is especially heartening news, as gold continues to occupy a dual role — an adornment that carries immense cultural significance, and a safe, long-term investment that secures financial stability across generations.
The Muscat Stock Exchange (MSX) closed today’s session on a positive note, with the benchmark 30 index inching up by 7.1 points.
Bank Nizwa signed a strategic MoU with Sudan’s Omdurman National Bank to boost cross-border collaboration, advance Islamic finance, and support regional economic growth.
Meethaq Islamic Banking was honoured with the “Best Digital Application in Islamic Banking Award” at Muscat’s Themar Conference, highlighting its leadership in digital innovation and Shari’a-compliant financial solutions.
Oman bans work visas for expats in more than 200 professions
Oman updates prohibited professions for expats, adds ‘engineers’, ‘managers’ to the list
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Exclusive: Oman agrees to open visas for 11 professional categories from Pakistan, says Ambassador
Oman lifts travel ban on India, Pakistan, Bangladesh and other countries
Eid Al Fitr holidays announced in Oman
