The Reserve Bank of India (RBI) raised its key interest rate by 25 basis points to 5.5 percent today, marking its first increase in nearly four years as inflationary pressures build while economic growth remains strong.
The launch builds on the longstanding partnership between Bank Muscat and the Government sector, founded on the exchange of expertise and knowledge.
Most Asian stock markets declined in trading today despite US stocks closing at record highs on Wall Street in the previous session.
Gold prices declined on Wednesday as investors awaited the minutes of the US Federal Reserve’s latest meeting for fresh signals on the direction of monetary policy.
Agreement opens new avenues for investment cooperation and the development of hydrocarbon opportunities between Oman and Kazakhstan
Customer Experience Week, themed ‘The Extra Mile’, celebrates the people, everyday actions and culture of care that have shaped the community over two decades.
Agreement covers solar, wind and battery storage projects to supply electricity markets, industries and data centres across Kazakhstan, Central Asia and other international markets.
Urban October drew more than 21,000 visitors to the Oman Convention and Exhibition Centre in its first two days, as experts explored how urban masterplans can become projects that improve quality of life.
Planned SOHAR Freezone and SEZAD projects to power Oman’s clean energy manufacturing ambitions
The signing ceremonies were held successively, with the first memorandum signed with Modern College of Business and Science, followed by the second memorandum with Arab Open University, and the third memorandum with Al Buraimi University College.
The Tax Authority has urged shops to clearly mark 0 percent VAT goods and called on consumers to report any improper VAT charges.
Expertise exchanges and institutional partnerships could deepen financial ties between the two countries as Oman develops its International Financial Centre.
Oman bans work visas for expats in more than 200 professions
Oman updates prohibited professions for expats, adds ‘engineers’, ‘managers’ to the list
Free AI for all? UAE becomes first to offer ChatGPT Plus to every resident and citizen
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
