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Oman
Hospitality & Tourism
Schengen visa waiver for Omanis to begin in two weeks
A representation office of the EU to be opened in Oman soon
Hospitality & Tourism
Oman invests $62 million in newest tourist attraction in Jabal Akhdar
The project features the first adventure park in Oman
Energy
New discoveries to raise Oman’s oil output by up to 100,000 bpd
Oman currently has 5.2 billion in oil reserves
Hospitality & Tourism
Al Mouj Muscat project to create 5,500 jobs upon completion
The project recorded 2,200 permanent jobs, 75% omanization rate
Banking & Finance
Oman launches additional support package for SMEs, entrepreneurs
In an attempt to mitigate the effects of the Covid-19 pandemic
Economy
Oman supports fintech technology services via digital currency
Growing Arab interest in evaluating the process of issuing CBDCs
Banking & Finance
Bank Muscat keeps pace with digital technologies
The bank calls on its clients to use the QR code scanning option
Energy
Oman follows Abu Dhabi, Saudi in selling stakes in energy asset
OQ invites banks to pitch for gas pipeline network IPO
Hospitality & Tourism
Oman’s foreign arrivals surge, GCC rank first
The number shot up by more than 400 percent in February
Hospitality & Tourism
Oman looks to compete in tourism with regional countries
What are some of the most important measures?
Markets
Muscat bourse completes 100% foreign ownership procedures for listed companies
Two or three government companies will be launched in the H2, 2022
Economy
“S&P” upgrades Oman’s rating: improved fiscal indicators, lower debt risk
Oil production in the Sultanate to reach 1.040 million bpd in 2022
Banking & Finance
Financial outlook for Oman improves with high oil prices
Finance Ministry to repay loans exceeding 2.85 bn riyals at end April
Banking & Finance
Oman achieves a budget surplus of 18 million riyals
Production and oil and gas prices contributed to strengthening the budget figures
Industry
Oman charges ahead with 1st EV production line
The sultanate also shows its prowess in bus manufacturing
Banking & Finance
Oman’s banks confront challenges, to play role in “Vision 2040”
The IMF welcomes financial sector’s resilience and ongoing reforms
Markets
Muscat’s MSX seeks upgrade to emerging market status
Dozens of state entities to list shares, raise liquidity
Economy
Oman is steadily on the path to financial recovery in 2022
This year, the deficit is expected to reach 5% of GDP
Bahrain
Gulf banks to reap recovery benefits in 2022: S&P
Agency predicts rate hikes from central banks in union
Bahrain
Blockchain exemplifies the world’s safest vault
Technology ensures invulnerable data security
Bahrain
OPEC+ faces global challenges as COVID-19 lingers
Western double standards risk reducing production levels
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