A focused view of Oman’s latest business, economy and public-interest developments, organised for quick reading.
OmanQOman's Ministry of Labour has announced the possibility of raising the national minimum wage from OMR 325 to OMR 400—a proposal that, if approved, would mark a significant step toward improving workers' livelihoods and enhancing the competitiveness of…
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His Majesty Sultan Haitham bin Tarik exchanged cables of greetings with leaders of Arab and Islamic countries on the occasion of the blessed Eid Al Fitr 1446 AH. In his messages, His Majesty extended his warmest congratulations and…
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Authorities in Oman have announced that Monday, March 31, 2025, corresponding to 1st Shawwal 1446 AH, will be the first day of Eid Al-Fitr, as the crescent moon was not sighted on Saturday evening. Accordingly, the official Eid…
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According to the National Centre for Statistics and Information (NCSI), the total number of active private businesses in Oman grew by 11.2% in the fourth quarter of 2024 compared to the same period in 2023, reaching 267,734 establishments.…
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Oman’s domestic liquidity rose by 8.1% to OMR 24.87 billion (~USD 64.6 billion) by the end of December 2024, according to preliminary data from the National Centre for Statistics and Information (NCSI). This increase, amounting to OMR 1.8…
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On the occasion of Eid Al Fitr 2025 (1446 AH), His Majesty Sultan Haitham bin Tarik, the Supreme Commander of the Armed Forces of Oman, has issued a special Royal Pardon for 577 prisoners convicted in various cases.…
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The Telecommunications Regulatory Authority (TRA) of Oman has officially granted Starlink Muscat the license to launch satellite internet services in the Sultanate. This came alongside Elon Musk’s announcement on platform X (formerly Twitter), stating:“Starlink now available in Oman.”…
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The Governorate of Al Dakhiliyah has announced the launch of the tender for phase one of the Jabal Shams tourism development project in the Wilayat of Al Hamra. This ambitious initiative aims to boost tourism, create job opportunities,…
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The Central Bank of Oman (CBO) has announced that starting from July 1, 2025, the use of the International Bank Account Number (IBAN) will become mandatory for all incoming financial transfers from abroad to Oman. This decision aims…
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Bank Muscat, Oman’s leading financial institution, has been awarded the prestigious title of “Best Trade Finance Bank” by the international body The Digital Banker, reaffirming its standing as a trailblazer in the region’s banking sector. This global recognition…
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