Recent

Rohingya refugees from Myanmar's Rakhine state set up shelters at a refugee camp at Unchiprang near the Bangladeshi border town of Teknaf. (AFP/ Photo)
August 20, 2018 - 12:55 GMT
The Omani camp for Rohingya refugees in Dhaka was opened by Ta’aib bin Salem Al Alawi, the Plenipotentiary Minister, Head of the Sultanate’s Embassy Mission in Dhaka, in the presence of a number of officials.
The NPSL help strengthen Oman’s payment infrastructure while supporting the introduction of innovative and efficient payment channels. (Shutterstock)
August 15, 2018 - 08:05 GMT
The Central Bank of Oman (CBO) is currently framing guidelines to enable the efficient roll-out of electronic wallets (e-wallets) and other payment instruments used by banking and non-banking institutions, reported local news daily, Oman Observer.
Oman recently launched a National Summary Data Page (NSDP), becoming one of the first GCC countries to implement the IMF’s recommendations of e-GDDS. (Shutterstock)
August 14, 2018 - 09:22 GMT
The International Monetary Fund (IMF) has hailed Oman’s adoption of the IMF’s enhanced general data dissemination system (e-GDDS) as a ‘major step forward’ which will enhance transparency.
Photo: icc-cricket.com
August 13, 2018 - 18:02 GMT
Oman will be hosting the ICC Cricket World Cup Trophy on August 27, which will be brought in Muscat on a two-day tour. This will make Oman the first country in the Middle East to host the trophy.
The growth of overall employment in the private sector decelerated to 1.2 per cent in 2017 from an average of 8.5 per cent in the previous two years. (Shutterstock)
August 13, 2018 - 09:54 GMT
The number of Omanis employed in the private sector rose by 7 per cent last year according to recent data released by the Central Bank of Oman (CBO).
Firms not complying with the provisions of the labour law will be suspended from accessing ministry services for a year. (Times of Oman)
August 13, 2018 - 09:28 GMT
Oman’s Ministry of Manpower has introduced a raft of new regulations to help protect the rights of expat workers in Oman.
The surge in international oil prices helped Oman recover some portion of its nominal GDP that was lost during the contractionary period. (Shutterstock)
August 12, 2018 - 09:02 GMT
Oman's economy is witnessing a structural transformation, with increased diversification leading to accelerated non-oil economic activities and reduced dependence on the hydrocarbon sector over the last few years, according to the Central Bank of Oman (CBO) Annual Report 2017.
Oman’s oil exports during July reached 24.08mn barrels, with daily average exports of 776,800 barrels. (Shutterstock)
August 09, 2018 - 10:19 GMT
Oman’s crude oil and condensates production in July reached to 30.24mn barrels, with a daily average output of 975,500 barrels, according to the monthly report issued by the Ministry of Oil and Gas.
This may also include fragile items such as television or other electronic goods.
August 08, 2018 - 08:31 GMT
Oman Airports announced that passengers willing to check-in any 'irregularly shaped luggage' will be charged a fee.
The number of registered students in 636 private schools totaled 105,680, while 63,760 students were registered in the country’s 44 international schools. (Shutterstock)
August 07, 2018 - 11:22 GMT
Government spending on primary and secondary education has risen by 130 per cent over the last decade amid an increase in the number of students and teachers.
The remaining 2,341 subscribers were fixed narrowband internet customers, who have a speed of less than 256 kilobytes. (Shutterstock)
July 31, 2018 - 10:02 GMT
The total number of internet subscribers in the Sultanate, excluding active mobile broadband subscribers, rose by 10.8 per cent to 389,434 by the end of June 2018, compared to the number of subscribers in December 2017.
The financing would help the government diversify its funding sources, extend its debt maturity profile and reduce costs. (Shutterstock)
July 31, 2018 - 08:48 GMT
Oman is seeking to raise as much as US$1.2bn to finance infrastructure at the country’s Duqm Special Economic Zone.
Compared to the 2016 scores, Oman has improved on all three indices and is ranked sixth among the Arab countries and second in the Online Services Index. (Shutterstock)
July 24, 2018 - 10:50 GMT
Oman’s ranking has improved in the eGovernment Survey 2018 published by the United Nations Department of Economic and Social Affairs (UNDESA). Oman ranked 63 out of 193 countries.
Omani economy is heading towards a sustainable recovery. (Shutterstock)
July 19, 2018 - 10:26 GMT
Oman’s economy is well on its way to fulfilling its massive market potential, according to financial experts in the Sultanate.
(AFP/ File Photo)
July 17, 2018 - 08:18 GMT
A senior NATO official said the security body is prepared to welcome Saudi Arabia and Oman into its co-operation initiative with Gulf countries, according to UAE-based The National.

CMA is currently drafting plans to roll out mandatory health insurance, after the Council of Ministers reached a decision to make it a necessity for all residents and citizens in the country. (Shutterstock)
July 16, 2018 - 10:53 GMT
Companies in Oman will soon be required to provide health insurance for their employees, according to a statement released by Oman’s Capital Market Authority (CMA).