Tag: Oman Economy
Oman Investment Authority launches Oman’s largest IPO
Oman Investment Authority (OIA), the investment arm of the Sultanate of Oman, has launched the Initial Public Offering (IPO) for 25 percent of the...
Oman’s BankDhofar opens new branch in Al Sawadi
BankDhofar, Oman's leading financial services institution, has inaugurated its new branch in Al Sawadi, Barka.
The new branch, opened under the patronage of His Excellency...
Oman’s economic recovery gains traction: IMF
According to the global financial agency, the International Monetary Fund (IMF), the resurgence of the hydrocarbon industry and the easing of COVID-19 social constraints...
Oman’s 2022 budget deficit expected to be lowest since 2014: MoF
Oman's Ministry of Finance (MoF) has stated that the Sultanate is expected to record the lowest annual budget deficit since 2014 this year because...
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 expects 25% rise in non-oil revenues this year
Oman is reportedly expecting a 25 percent surge in its non-oil revenues this year, rising from $6.24 billion (2.4 billion Omani riyals) to around...
Oman widens its real estate market to foreign investors
Oman is further opening up its real estate market to foreign investors by giving them access to a wider range of residential properties as...
