February 13, 2013

Oman launched a new system to promote safety in the oil and gas industry yesterday
12:36 GMT

A new high-tech system to promote safe rigging practices in Oman's oil and gas industry was launched on Monday.

February 7, 2013

Oman has announced a decision to increase the minimum wage for nationals employed in the private sector to 325 Omani riyals from July 1
13:09 GMT

The move is an attempt to boost private enterprise in the Arabian nation.

February 4, 2013

Oman Air is increasing its fleet as well as  increasing operations to India
08:08 GMT

Oman Air, the flag carrier of the Sultanate, has acquired two additional aircraft as the airline expands it s operations with India.

January 29, 2013

Oman's Sultan, Qaboos Bin Saeed, has urged citizens to end the practice of 'proxy trade'
08:49 GMT

The Sultan of Oman, Qaboos Bin Saeed, has urged Omani citizens to put an end to '€˜proxy trade’ that he warned harms the country’s economy.

January 23, 2013

Ratings agency Standard and Poors has said that it expects Oman to maintain string growth in 2013
11:56 GMT

The Oman economy is expected to maintain strong growth momentum with social spending to rise and fiscal performance to remain favourable over the period from 2013-2015, according to ratings agency Standard and Poor's.

January 13, 2013

Oman ranked 45th globally in the 2013 Index of Economic Freedom, moving up two notches from 2012, as economic freedom stagnates
10:46 GMT

Oman ranked 45th globally in the 2013 Index of Economic Freedom, moving up two notches from 47th last year.

January 8, 2013

Oman need oil prices to remain high to ensure it can keep its budget commitments
04:00 GMT

Oman is banking on oil prices staying high this year to fund heavy spending on job creation and social welfare, according to plans released.

January 7, 2013

2011's Muscat Festival was unashamedly loud and proud (Photo: A & O Technology)
10:06 GMT

With Oman's annual month-long Muscat Festival about to kick off, locals are breathing a sigh of relief at this year's choice of venues.

January 3, 2013

Oman's GDP grew by 8.3 per cent in 2012, faster than the seven per cent target
12:10 GMT

Oman's gross domestic product, adjusted for inflation, grew an estimated 8.3 per cent last year.

January 2, 2013

Oman has raised planned state spending by 30 per cent previous plans
09:47 GMT

In its budget for 2013, Oman has raised state spending by 30 per cent from the original 2012 plan.

December 23, 2012

An Omani woman casts her vote at a polling station in the al-Khaburah district, on Saturday. (AFP)
04:45 GMT

The people of Oman have reportedly turned out in droves for the beginnings of a democratic system never before seen in their country.

December 17, 2012

Oman is trying to diversify and build a new private sector
06:55 GMT

Oman is trying to diversify its economy and create a new role for a burgeoning public sector.

December 16, 2012

New Islamic banking regulations are due in the first quater of 2013, according to the executive president
09:28 GMT

The Central Bank of oman has announced that new Islamic banking regulations will be introduced by the first quarter of 2013, executive president H E Hamood Sangour al Zadjali has said.

December 10, 2012

Yasser Abdel-Rahman (Photo: Facebook)
13:00 GMT

Award-winning Egyptian composer and violinist Yasser Abdel-Rahman wowed audiences when he performed a selection of film scores at the Royal Opera House Muscat in Oman on 6 December.

December 5, 2012

Oman has reportedly made the world's largest football (Photo courtesy of Times of Oman)
07:11 GMT

The Guinness Book of World Records announced on Dec. 2 that Oman has made the largest football in the world, Times of Oman reported on Monday.