Tax

Oman's decision marks a milestone for the region, where tax-free personal income has long been a defining feature of the social contract

The agreement aims to stimulate investment and provide legal protection for investors in both nations

The move hikes import taxes for the second time since March, impacting various industries and consumers

Public spending reached OMR12.241 billion, primarily driven by subsidies for oil and development projects

Discussions aimed at strengthening bilateral ties and improving international financial institutions
