Oman

Eid al-Fitr 2025 holiday in Oman announced

Official work in Oman will resume on Sunday, April 6, 2025

Elon Musk’s Starlink launches in Oman, eyes regional expansion

Starlink Muscat will cover all geographical areas of Oman with speeds that can reach 100 Megabytes per second

Oman sees 1 percent inflation increase in February 2025

Prices of personal goods up 6.3 percent, transport up 3.4 percent, health up 3.2 percent

Eid al-Fitr 2025: Oman announces holiday for public, private sectors

If the first day of Eid al-Fitr 2025 is Sunday, official work will resume on Wednesday, April 2, 2025

Electricity investment needs to keep up with rising demand

IEA says the world needs to invest $700 billion per year by 2040

Oman’s airports welcome over 1.33 million passengers and 8,983 flights by January 2025

Indian nationals topped passenger numbers at Muscat International Airport with 90,081 arrivals

Oman real estate: Value of transactions surpasses $480.5 million by end of January

Fees collected for completed legal transactions totaled $18.2 million, reflecting an increase of 5.6 percent

Oman’s inflation rate averaged 1.4 percent between 2021 and 2024

The average GDP growth rate at constant prices was 3.9 percent from 2021 to 2023

Oman unveils its first hydrogen refuelling station

The station integrates hydrogen refuelling, EV fast-charging, and traditional fuelling into a comprehensive hub

Oman launches electronic system for issuing securities (E-IPO) to enhance transparency in financial transactions

The electronic system for issuing securities will streamline procedures, reducing time and effort for stakeholders

Leaders of GCC states, Egypt, and Jordan convene in Riyadh to strengthen coordination and consultation

The UAE President thanked King Salman and Crown Prince for organizing the dialogue

Oman secures $132.5 million for second phase of Sohar Freezone industrial waste treatment facility

This project will enhance the national economy while advancing sustainability and circular economy goals

Oman earns 8th place in Global Entrepreneurship Index 2024, scoring 5.7

Oman's ranking results from ASMED's efforts with public and private partners through strategic initiatives

Oman’s GDP rose 1.9 percent in H1 2024, fueled by 3.6 percent non-oil growth: Central Bank

Despite global challenges, the Omani economy has demonstrated resilience in handling various economic shocks

Oman to develop advanced AI semiconductor chips for next-gen applications in Salalah Free Zone

McKinsey & Company projects that the global semiconductor market will reach $1 trillion by 2030

$700 million pact to boost Oman-GCC direct power grid with 1,700 MW capacity

GCCIA, QFFD signed a landmark financing deal for Oman direct interconnection project

Central Bank of Oman launches 73rd issue of Government Development Bonds sized at $259.7 million

New offering has a maturity period of five years and a coupon rate of 4.60 percent per annum

Strategic agreements signed to support railway project between UAE, Oman

In October 2024, Hafeet Rail secured $1.5 billion financing for the Sohar-UAE railway project

Oman’s real estate sector grows 29.5 percent in 2024, hitting $8.6 billion

Real estate activities contributed $2.1 billion to the Sultanate’s GDP

Oman’s broad money supply grows 11 percent to $64.5 billion

Currency issued fell 5.2 percent to OMR1.5 billion by November 2024 from OMR1.58 billion

Oman’s Central Bank issues treasury bills worth $59.7 million

The value of the allotted Treasury bills amounted to $1.55 million, for a maturity period of 28 days

Qatar-Oman trade volume surpasses $1.8 billion in 2024, says minister

Bilateral meetings aimed to explore collaboration and investment opportunities between Qatari and Omani companies

Oman, India sign tax protocol to boost economic relations

India-Oman trade grew to $12.388 billion in 2022-2023

Davos 2025: Three new centers for Fourth Industrial Revolution announced

The upcoming centers in Muscat, Pretoria and Riyadh will tackle critical global challenges with innovative solutions