Home next GCC next Oman

Oman

Oman cuts subsidy bill by 20%

The government is introducing new fees to make up for lost oil revenues

Oman cracks down on late salary payments

A new system will automatically track when wages are delayed or reduced

Oman’s low-cost carrier SalamAir to appoint new CEO

The recently launched airline has confirmed that the new CEO will be a GCC national

Oman’s new convention centre on track for completion next year

The Oman Convention and Exhibition Centre (OCEC) project is hoped to boost tourism to the country when complete

Qatar Airways launches new routes after GCC crisis reduces its network

The crisis forced the airline to stop flights to 18 Middle East destinations last month

Air Arabia starts flights to Oman’s Sohar

New route hoped to boost travel and trade opportunities between Oman and Sharjah

SalamAir begins flights to Sohar after Oman Air pulls out

The inaugural flight arrived at the airport on Wednesday afternoon from Salalah

Oman polls suggest support for two-year work ban

Foreign workers in the country are banned for two years if they do not obtain their employer’s permission to change jobs

Oil prices rise as Iran backs output cap; UAE expects positive impact

Bahrain, Oman among most ‘vulnerable’ oil exporters – report

Oil prices have been lagging on the back of oversupply and slowing demand

Why Oman’s SalamAir is bullish about the growth of low cost carriers

François Boutelleir, CEO of the Gulf region’s youngest carrier SalamAir, explains why low cost travel is not losing its appeal in the current climate

Dubai’s Damac chosen to develop Oman’s $1bn waterfront project

The Mina Sultan Qaboos Waterfront will include hotels, residential housing, dining, retail and leisure outlets

Maersk delays start of Oman-to-Qatar container service

The first feeder shipment is expected to depart Salalah, Oman, on June 26

Oman Air increases flight frequency to Qatar

The carrier’s services and routes remain unaffected by Saudi Arabia, the UAE and Bahrain’s decision to close air links and airspace to Qatar

Shipping routes via Oman opened to give Qatar food lifeline

Larger container ships are unable to dock at ports in Qatar due in part to shallow waters

Oman extends visa ban for foreign construction workers

The sultanate’s Ministry of Manpower said the extension would begin on June 1

Oman’s markets hit by fruit and vegetable shortage – report

Government officials announced stricter controls on fruits and vegetables last month

Oman Oil mandates banks for $1.2bn revolving credit facility

The loan would refinance a $1bn revolving facility which is due for redemption this year

Petroleum Development Oman signs three deals worth $35m

The contracts are part of plans to retain more oil and gas industry wealth within the country

Oman raises $2bn sukuk

The order book for the bond was in excess of $6.9bn

US eases visa requirements for Omanis

The sultanate’s Ministry of Foreign Affairs detailed the changes in a tweet

Oman ups inspections, controls on fruits and vegetables after UAE ban

Last month, the UAE announced a ban on melons, carrots and watercress from Oman

Oman appoints banks ahead of debut public dollar sukuk

The planned sale is expected to raise around $2bn

Oman’s SalamAir begins flights to Pakistan

Salamair also plans to launch flights to Taif and increase flights to Madinah during Ramadan

Oman’s National Gas Company terminates CEO

Oman considers easing property buying rules for expats

Currently foreigners in the country are only allowed to acquire property in defined tourism communities

S&P cuts Oman’s credit rating to junk as cheap oil shrinks external reserves

S&P lowered Oman’s sovereign rating by one notch to BB+ from BBB- with a negative outlook

UAE’s Etisalat submits bid for Omani telecoms licence

Regional telcos Zain and STC have also submitted bids

Oman airport taxi fares to decrease by 50% – report

Currently the pickup fee for an airport taxi is OMR6 ($15.58)

Oman fuel price cap remains – official

An increase in fuel prices for May had led to speculation the country had removed its cap on M91 fuel

Oman invests $11.4m in VAT system

Oman, like the other GCC countries, will implement a 5 per cent VAT rate from next year

Oman quadruples cost of tourist visas

The fee increase will see the cost of entering the country rise to around $50