New 2040 vision plans to increase tourism contribution to GDP
Proposed changes to visa renewal fees could bring in OMR 125m, according to the Shura member behind the proposal
Sultan Qaboos travelled to Germany in mid-February
Life in prison could be reduced to 25 years if new proposals are agreed
The company currently has 12 operational hotels including 10 in Dubai
Drivers who fail to stop at red signals will also be in line for a $1,300 fine
The revamp will see the introduction of Centrepoint within the mall
The country is reportedly putting the “final touches” to its draft tax law
Name was chosen following an online poll.
The accident took place between the districts of Ibri and Fuhud.
Sultanate is eyeing foreign loans to plug its budget deficit
Reports suggest the sultanate may approve new legislation to attract foreign investment
Oxford Strategic Consulting found only 11 per cent of UAE nationals listed running their own business as an ideal role
The new carrier will be owned and managed by Omani state-backed investment firm ASAAS
The sultanate is anticipated to see a rise in public-private partnerships, finds Cluttons report
Extra visa fees will need to be paid by companies following new charge by Royal Oman Police
Gasoline prices in both countries will increase this week
Measures unveiled to ease pressure on country’s domestic liquidity and interest rates
Wilson’s appointment comes as Omran looks to boost tourism in the sultanate
State spending is estimated to fall 11 per cent in 2016 to reach OMR 11.9bn as oil prices squeeze finance
The sultanate is expected to post a budget deficit equivalent to 17.7 per cent of GDP in 2015
The hike in taxes is hoped to bolster revenues as cheap oil pinches
Oman’s State General Reserve Fund (SGRF) has taken Bulgaria to arbitration at the Washington-based International Centre for Settlement of Investment Disputes
The government will take an additional OMR 138.1m ($359m) worth of shares in the airline in exchange for a cash injection which occurred last year
Oman sees itself as a conciliator in a volatile region
The fund will facilitate direct investment in GCC states by Japanese food and agribusiness firms
A new passenger terminal is now due to open by the end of 2016, about a year later than the previous estimate
Swiss authorities are involved because transactions related to the probe involved Swiss financial institutions, a source said
The plunge of oil prices since mid-2014 has put heavy pressure on Oman’s state budget, causing one-year dollar/rial forwards to rise as high as 1,000 points this week