Tag: Oman Business News
Oman to reduce income tax on SMEs; offers foreign investors long-term...
Oman will reportedly lower income tax for small and medium enterprises (SMEs) in the time period of 2020-21, and provide long-term residency permits to...
Oman’s Madayn plans new industrial city in North Al Sharqiyah
Oman’s Public Establishment for Industrial Estates Madayn has begun planning for the establishment of a new industrial city at Al Mudhaibi in North Al...
Oman raises $2.2bn worth loans via large group of banks
Oman has reportedly raised $2.2 billion worth loan in a deal that has attracted the interest of a large group of regional and foreign...
Oman Air receives IATA’s ‘CEIV Fresh’ certification
Oman’s national airline, Oman Air has secured IATA’s Center of Excellence for Independent Validators for ‘Fresh’ Logistics (CEIV Fresh), the airline sector’s leading certification...
Oman’s National Finance rolls out ‘Absher’ campaign reflecting its brand value
The largest finance company in Oman, National Finance has launched a new expression campaign ‘Absher’, reflecting the finance process and service is fast, easy...
Oman Post ASYAD Express to start eCommerce service center in SOHAR...
The Oman Post ASYAD Express, a member of ASYAD Group, has entered into a Service Level Agreement (SLA) with SOHAR Port and Freezone, the...
Oman’s OETC issues $600mn worth international bonds
Muscat-based government entity, Oman Electricity Transmission Company (OETC) has attracted investor interest by offering bonds worth $600 million, due in February 2031, at an...
Oman’s new framework to enable e-payment services for micro-businesses
The Central Bank of Oman (CBO) has issued the framework for enrolling the micro-business in the Sultanate for using e-payment services, by the Licensed...