Led by Saudi Arabia, all GCC countries are facing mounting deficit due to the plunging oil revenue.  (Shutterstock/Clicksahead)
January 22, 2017 - 10:00 GMT
Preliminary estimates indicate that Oman's 2016 budget deficit may overshoot initial forecasts by 60 percent, due to lower oil prices and higher spending.
Fatma Al Nabhani
January 19, 2017 - 15:34 GMT
Omani sensation Fatma Al Nabhani tasted success both in the singles and doubles competitions of the $15,000 ITF Pro Circuit tournament in Egypt.
There have been repeated calls to change the controversial law, since neighbouring countries have already modified their rules to allow expats to work more freely.  (Shutterstock)
January 17, 2017 - 10:00 GMT
Expat workers in Oman who cannot obtain a No Objection Certificate from employers in the country must leave and cannot return for two years.
As many as 775 detainees have been held at the prison since it was set up after the 9/11 attacks. (AFP/File)
January 17, 2017 - 06:00 GMT
President Obama has been on a mission to release the remaining inmates before Trump takes office.
The figures for November 2016 showed the Omanization rate in private companies in Muscat stood at 8.6 percent.  (Oman Air)
January 16, 2017 - 13:00 GMT
Oman's Minister of Manpower is expecting Omani employee numbers to increase following the introduction of the ministry’s development programme.
The 10 will reside temporarily in the Sultanate which considers the release of the prisoners a humanitarian issue. (AFP/File)
January 16, 2017 - 11:00 GMT
The 10 have been released from Guantanamo Bay and received by the Sultanate at the request of the US government, a senior official at the ministry said in a statement earlier today.
Pim Verbeek
January 11, 2017 - 17:34 GMT
With the football World Cup set to feature as many as 48 nations from 2026 onwards, as announced on Tuesday by the sport’s world body FIFA...
Souq workers in Oman (Wikimedia Commons)
January 11, 2017 - 10:14 GMT
Twitter users have been calling for action to combat high youth unemployment in the sultanate.
Earlier this month ratings agency Fitch set  Oman’s long term foreign and local currency issuer default rating to BBB with a stable outlook. (File photo)
January 11, 2017 - 08:00 GMT
Oman has refuted a Reuters report claiming that it is courting Gulf states for millions to boost its foreign exchange reserves.
The contract is Petrofac's eleventh in Oman, where they have been operational since 1988. (Petrofac Tunisia)
January 10, 2017 - 09:30 GMT
The British oil and gas company will undertake the engineering, procurement and construction of the Salalah LPG extraction project in the southern part of Oman.
Ali Al Habsi
January 08, 2017 - 16:09 GMT
No matter where Ali Al Habsi goes, he is guaranteed the support of the people of the Sultanate of Oman, who’ve always backed him to the hilt during his lengthy career overseas.
Pim Verbeek
January 08, 2017 - 15:25 GMT
Oman's new national football coach, Dutchman Pim Verbeek, who arrived in Muscat earlier this week to take charge of the Red Warriors, wasted little time to get into work mode.
Latest government statistics also reveal that the number of skilled expatriate workers coming to Oman is going down. (File photo)
January 08, 2017 - 12:00 GMT
Trade union officials and experts in Oman predict that the ‘expat exodus’ that began in 2016 will continue this year.
The shipping route between Iran's Shahid Rajaee and the Omani port of Sohar was made operational on 4 February 2016. (
January 08, 2017 - 10:00 GMT
Iran's exports to Oman have more than doubled in four years thanks in part to the launch of a direct shipping line between the two countries.
Fitch said that the government is planning to meet two-thirds of its financing need through external debt issuance, and the remainder through reserve draw-downs. (File photo)
January 05, 2017 - 10:00 GMT
The Sultanate’s ratings reflect its low public and external debt, strong balance sheet and high per capita income, balanced against its double-digit fiscal deficit and a very hydrocarbon-dependent budget and economy.
Hotel rates in Oman are higher than many European countries. Muscat's Grand Hyatt.  (Shutterstock/EQRoy)
January 03, 2017 - 11:00 GMT
Due to the worsening economic situation around the world and low oil prices in the region, overall sales in room rates in Oman's four- and five-star properties continue to decline.