Repair shops for refrigeration equipment, air conditioners and other equipment should secure a license in the sultanate
The transaction involved the shipment of polypropylene to UAE’s Abu Dhabi National Carpet factory
Offices will resume from Sunday, December 1
Non-Omanis will pay OMR100 to renew their licences to practice medicine and dentistry
The deal for the long-range A321LR planes is estimated to be worth more than $250m at list prices
The clarification follows media reports suggesting a change in Oman visa issuances
The workers were identified as Indian nationals
The ban is applicable on private sector entities in the construction and cleaning work sectors
New service four times per week from Muscat to Chittagong
It will compete with Omantel and Ooredoo Oman as the sultanate’s third mobile operator
Etihad and others also banned the laptops amid fears they could overheat and pose a fire risk
Construction work is expected to begin in October this year
The budget deficit is down 53 per cent on an annual basis
The Dhofar wind farm in Oman has begun generating electricity
Production at the oilfield block reached 1.33 million tonnes in the first half of this year
The mall – expected to be one of the biggest in Oman – will open in March 2021
The driver was sentenced to seven years in jail and ordered to pay Dhs3.4m in blood money for causing the wrongful death of 17 passengers
No date was given for the implementation of the new tax
The sultanate said it is in contact with “all parties” in order to maintain stability in the Strait of Hormuz
Investors made orders worth nearly $14bn for the long five-year bonds
While not at risk of a credit crunch, Oman has been downgraded to junk by all major credit rating agencies
Oman also called on all parties to exercise restraint and resolve differences diplomatically
The 52 million sqm city is Oman’s largest public-private partnership project
OCTAL will use part of the bank financing to refinance some of its existing debt and to fund expansion
The MoU includes the possibility of building a shared refinery in Oman for processing imported Iraqi crude
Oman’s state coffers have been hit hard by a slump in oil prices over the past few years
Oman closed its diplomatic mission in Gaza following the 2006 Israeli bombing of the strip of land
Investors will be exempt from custom duties on building materials, tools and equipment needed to build tourism projects
An investigation is currently underway
The sultanate expects the selective tax to generate around OMR100m a year