June 5, 2012

Basheer suspended for Australia match
12:31 GMT

Oman will be without Fauzi Basheer against Australia in its second Group B game of the 2014 World Cup qualifiers this Friday as the experienced midfielder is under suspension.

May 31, 2012

Hassan Mudhafar confident of Oman's World Cup chances
13:43 GMT

Not even the most optimistic Omani football fan would have believed that their national team could recover from a woeful start to the third round of Asian qualifiers for the 2014 Fifa World Cup...

May 16, 2012

Duqm, Oman’s new city on the Arabian Sea, meanwhile, will see the opening of three hotels with a total of 391 rooms
10:17 GMT

Oman’s resort and hotel portfolio will continue to expand with more than 2,000 additional rooms scheduled for opening in 2012-2013.

May 15, 2012

KSA is a growing tourism market for Oman with the number of Saudi nationals visiting Oman reaching 60,000 in 2011
11:52 GMT

Oman records 17 per cent increase in Saudi passenger arrivals in 2011.

May 7, 2012

High growth rates the data show that the oil activities recorded high growth rates in 2011 supported by the continuing high oil prices
12:28 GMT

Oman's Gross Domestic Product (GDP) posted a 22.7 per cent growth at the current prices in 2011.

March 27, 2012

Central Bank of Oman is awaiting official legislation on Islamic banking to issue the final regulations
12:38 GMT

With the draft laws for Islamic banking almost complete, Oman will also alter its existing regulations for banking in the Sultanate to incorporate Islamic finance.

November 22, 2011

08:35 GMT

Despite adverse international developments, the Omani banking sector continued to exhibit optimism and resilience during 2011

September 7, 2011

07:03 GMT

At the end of June 2011, private deposits at commercial banks in the Oman Sultanate rose by 6.2%

July 20, 2011

Oman and Jordan have been consistently active in implementing sustainable strategies for tourism promotion
10:04 GMT

Oman and Jordan lead the way in the Middle East for the development of responsible tourism and are model examples for others in the region to follow.

July 11, 2011

Oman's non-oil exports have increased significantly in minerals, up 52.8 percent on 2009
08:47 GMT

Oman saw the value of its non-oil exports rise to RO2.448 billion in 2010, a jump of 32.4 percent over the previous year.

July 10, 2011

Oman’s nominal GDP reached an estimated $58 billion in 2010 and is projected to rise by 22 per cent to a record high of $70 billion in 2011
09:19 GMT

The important drivers of growth in 2011 in Oman are expected to be expanding exports and increased government spending

July 3, 2011

Oman reassures expat workers by affirming that it is still issuing new work permits for expatriates and renewing expiring ones
13:40 GMT

The Ministry of Manpower in Oman is not restricting any new work permits or imposing restrictions on visa-renewals for expatriates, an official of the ministry told Times of Oman.

June 29, 2011

According to experts, Omani banks are not ready to deal with Islamic banking. A real need or a service promotion?
09:26 GMT

Experts recently noted the need to provide the necessary expertise in Islamic banking to groom Omani institutions operating in this field.

June 26, 2011

Personal loan or consumer loan remains the key revenue driver for Omani banks
09:02 GMT

A new report revealed that the aggregate personal loan portfolio, including mortgage finance, in Oman grew by 6.8 per cent to touch RO4294.7 million at the end of 2010.

June 23, 2011

A safety inspector looks over containers alongside the Jebel Ali Free Zone in Dubai (Credit: The New York Times)
14:04 GMT

Oman is capitalizing on its Free Trade Zones by issuing laws that facilitates tax exemption, and simplifies procedures and import of all permissible goods to attract further investment.