A focused view of Oman’s latest business, economy and public-interest developments, organised for quick reading.
OmanQThe Consumer Protection Authority has issued a new decision prohibiting the trading of used tyres. According to this decision, an administrative fine of up to RO1,000 will be imposed on those who violate these regulations. In the event…
Read full story
Oman's trade exchange with European countries reached 878 million Omani rials (equivalent to $2.28 billion) in the first five months of 2024, reflecting a 9.5% increase compared to 802 million rials recorded during the same period last year,…
Continue reading
In a tragic incident, five climbers, including one Omani national and three individuals of Arab nationalities, were caught in a flash flood in Wadi Tanuf, Nizwa. Sadly, four of the climbers lost their lives, and one is critically…
Continue reading
Oman Air has announced its new "Business Studio" cabin. This new cabin, which will replace the airline's First Class product, will feature an enhanced design with spacious seating, classic lie-flat seats, and Wi-Fi connectivity, but with more affordable…
Continue reading
Muscat Municipality has urged all apartment owners to choose white and its shades for the exterior walls, architectural projections, and fences of their buildings. According to the architectural guidelines for Duqm City, light-colored exteriors help in reducing heat…
Continue reading
According to data from the National Center for Statistics and Information, gold imports to the Sultanate of Oman rose by 41% in the first five months of 2024, reaching RO 176,591,960 (approximately $458 million USD). This compares to…
Continue reading
According to the latest report from the World Bank, Salalah Port in Oman has been recognized as the second best container port globally for 2023. This significant achievement highlights the advancement and improvement of Oman's port infrastructure and…
Continue reading
According to data released by the National Centre for Statistics and Information (NCSI), Oman's total imports of vehicle spare parts by the end of May 2024 reached OMR 44.695 million (USD 116.12 million), marking an 11.8% decrease compared…
Continue reading
The Central Bank of Oman (CBO) has issued a clarification regarding the fees associated with financial transactions through the Mobile Payment System (MPCSS). According to the CBO, the payment processing fees incurred when using the Merchant QR Code…
Continue reading
Oman’s Ministry of Education has recently issued new guidelines aimed at reducing the weight of school bags for students in grades 1 to 4. According to the guidelines: Each student should use only one notebook per subject (for…
Continue readingCompany registration, residency, banking and post-registration support through one managed process.