Oman Investment Authority reduces debt by 24%,

The Oman Investment Authority (OIA) continues to achieve financial sustainability by contributing to the state's general budget and reducing its subsidiaries' overall corporate debt.

OIA President to patronise TAS’ Themar

His Excellency Abdulsalam Al Murshidi, President of the Oman Investment Authority (OIA), will preside over The Arabian Stories' (TAS) inaugural ‘Themar Islamic Banking Conference and Excellence Awards 2024’ on September 30.

Oman’s inflation rate rises by 1.5 percent

The Sultanate of Oman recorded a 1.5 percent increase in its inflation rate for July 2024 compared to the same period last year, according to the National Centre for Statistics and Information.

Oman Air boosts capacity, transports 50,000

Oman Air has implemented a set of strategic measures on its flights to Salalah to meet the increasing demand during the Khareef season, which resulted in enhancing operational capacity during peak times, by operating up to 11 flights daily between Muscat and Salalah.

Salalah Free Zone: 47 food projects worth more

Salalah Free Zone is accommodating 47 food projects worth RO 775.6 million, comprising 16 percent of the total volume of investments in the zone.

Oman to establish national office for local

The Sultanate of Oman is focused on enhancing local content to boost its national economy and drive growth across various economic sectors, aiming to improve efficiency and increase the gross domestic product.

HH Sayyid Shihab Al Said receives Cypriot

His Highness Sayyid Shihab bin Tarik Al Said, Deputy Prime Minister for Defence Affairs, received in his office today, August 19, H.E. Andreas Nikolaides, Ambassador of the Republic of Cyprus to the Sultanate of Oman.

Oman’s transport ministry clarifies status of

The Ministry of Transport, Communications and Information Technology (MTCIT) has issued a clarification regarding the progress of the Haima-Thumrait road dualization project.

Oman’s EA rescues and releases osprey into

The Environment Authority (EA) in South Al Batinah Governorate has successfully re-released an osprey into the Al Daymaniyat Islands Nature Reserve.

Oman’s ministry highlights social media

The Ministry of Transport, Communications, and Information Technology has highlighted a comprehensive set of guidelines aimed at safeguarding government social media accounts from cyber threats.

Sohar Port and Freezone secures prestigious ISPO

SOHAR Port and Freezone has been awarded the esteemed ISPO (International Standard for Maritime Pilot Organizations) certification for the next five years.

Oman’s CPA refunds RO 3000 for consumers in

The Directorate General of Consumer Protection Authority (CPA) in North Batinah Governorate has successfully facilitated the refund of RO 3,000 for two consumers through an amicable settlement with a specialized establishment in the carpentry, blacksmithing, and aluminum sectors.