Oman’s new Banking Law promotes digital banks

The financial and banking system in Oman kicked off the year with the issuance of Royal Decrees No. 2/2025 and No. 3/2025, promulgating the Banking Law and Central Bank of Oman (CBO) Statute.

Agreement inked to finance modern medical

The Directorate General of Health Services in Al Buraimi Governorate has signed an agreement with Ooredoo to finance the purchase of modern medical equipment for Al Buraimi Hospital and Al Buraimi Health Complex.

Fish and Food Industries Zone at Oman’s SEZAD

The Special Economic Zone Authority at Duqm (SEZAD) has announced the completion of the first phase of the detailed plan for its Fish and Food Industries Zone, as part of its efforts to boost investment and localise new projects in the sector.

Meethaq joins hand with Ministry of Endowments

In line with its strategic partnerships with the Ministry, Meethaq plays a vital role in facilitating the seamless collection of Zakat funds through Internet Banking, Mobile Banking, ATMs and CDMs, ensuring accessibility and convenience for customers and the general public.

Lulu’s ‘Convoy of Goodness’ spreads

The Convoy of Goodness has traveled through key governorates, including the most remote locations in Khasab, Sohar, Qurayyat, Al Mudaybi and Salalah, delivering essential food provisions to over 1,000 families.

FSA cancels licenses of two crowdfunding firms in

The Financial Services Authority (FSA) has issued two administrative decisions cancelling the licenses of Sharek Investment LLC and New Sphere LLC, which were established to carry out activities in the field of securities and crowdfunding platforms.

Celebrate the holy month of Ramadhan with Bank

This offer is available from the 20th to 30th of March 2025 and is applicable to both in-store and online purchases.

Fincorp announces suspension of brokerage

The Financial Corporation SAOG (Fincorp) has disclosed that it has received Administrative Penalty Resolution No. 20/2025 from the Financial Services Authority (FSA) regarding the suspension of certain business activities.

Dhofar Islamic elevates your lifestyle with

Dhofar Islamic offers a selection of credit cards, including the prestigious World MasterCard, Titanium MasterCard, and Gold MasterCard.

Commerce ministry invites joint-stock companies

The Ministry of Commerce, Industry and Investment Promotion is inviting closed joint-stock companies to submit their financial reports for 2024 via the Oman Business Platform.

Oman’s trade surplus tops RO 7 billion in 2024

Oman recorded a trade surplus of RO 7.517 billion by the end of December 2024, reflecting strong export growth despite rising imports

Oman’s ‘Promising Startups Index’ aims to

The Muscat Stock Exchange's (MSX) ‘Promising Startups Index’ is designed to provide a dedicated platform for private and family-owned companies, small and medium-sized enterprises (SMEs), and startups to access financing and listing opportunities.