The Omani Sovereign Sukuk Company, has announced the issuance of the tenth local sovereign sukuk valued at RO 150 million, with an option to increase the issuance by up to RO 50 million.
Fitch Ratings has upgraded Energy Development Oman (EDO) to investment grade, assigning it a “BBB-” rating with a stable outlook.
The report highlights Alizz Islamic Bank’s progress in embedding sustainability across its business strategy, operations and governance framework.
The gains came a day after both global benchmarks closed near their lowest levels in five years, pressured by developments in Russian-Ukrainian peace talks.
OQ Group on Sunday marked a major milestone in Oman’s industrial journey with the inauguration of nine new factories under the “Ladayn” plastics industries programme at Sohar Industrial City.
These activities focused on various topics such as saving, spending, and personal budget management, offering visitors an educational and entertaining experience that combines learning with fun.
The design uses two SMART 100 reactors, which were created by the Korea Atomic Energy Research Institute and received standard design approval from South Korea's Nuclear Safety and Security Commission in September last year.
The United States has suspended a technology cooperation deal with Britain aimed at strengthening collaboration in artificial intelligence, quantum computing and civil nuclear energy.
Signed at Oman Airports, the MoU represents a significant milestone in enriching customer journeys and establishes a first-of-its-kind premium travel proposition within Oman’s banking sector.
This initiative reflects Bank Muscat’s deep appreciation for the tremendous efforts and commitment demonstrated by its employees throughout their years of service.
Telecom operator says restructuring under its transformation programme will cost about RO 15 million in 2025, but is expected to generate recurring annual financial benefits of around RO 8 million from 2026 while supporting long-term digital growth.
Oil prices slipped in early trading today, extending losses from the previous session as optimism over a potential Russia–Ukraine peace deal and softer economic signals from China weighed on market sentiment.
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
