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Ministry of Finance

Ministry of Finance latest

Oman’s total revenue in 2018 equalled OMR10.949 billion in 2018, while the total expenditure - how much the state has spent during the year - totalled OMR 13.599 billion.
September 23rd, 2019 - 11:46 GMT

Corporate Income Tax Collection Soars in Oman

Oman collected almost OMR100 million more in corporate income tax in 2018 than it did in 2017, according to the country’s final accounts report for last year. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-0…","video_id":"0f1dfe4b-ef8a-48b8-9604-07009c97ae63","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"The Worst 10 Destinations for Expats"} The report, which was released in a ministerial decision from the Ministry of Finance yesterday, showed that Oman had collected OMR 463,112,782 in corporate income tax in 2018, compared to 366,487165 in 2017 and 388,634,659 in 2017 ...
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Consumers blame mismanagement by the Ministry of Supply for shortages of cooking oil and rice. (AFP/File)
March 3rd, 2016 - 09:00 GMT

Egypt: Ministers seek to reassure population as austerity measures prompt commodity shortages

Al Bawaba
January 14th, 2016 - 02:00 GMT

VAT in the UAE expected to generate up to $3.2B in 2018

Al Bawaba
January 12th, 2016 - 10:00 GMT

Egypt: battered tourism sector plunges Ministry of Antiquities into deeper debt

Al Bawaba
January 10th, 2016 - 02:00 GMT

Jordan to issue $211M sukuk to finance National Electric Power Company

Al Bawaba
December 23rd, 2015 - 10:00 GMT

Cutting Oman's $8.3M deficit is a bitter pill to swallow

Al Bawaba
December 23rd, 2015 - 07:00 GMT

As UAE mulls VAT, income expected to remain tax free

Al Bawaba
December 9th, 2015 - 01:37 GMT

With exemptions, GCC VAT should cause minimal economic distortion: Deloitte

Al Bawaba
November 24th, 2015 - 01:00 GMT

UAE Innovation Week: Sheikh Mohammed launches $544M innovation fund

Egyptian President Sisi reshuffled the CBE board just before the expiration of the existing board on November 26. (Al Bawaba/File)
November 18th, 2015 - 10:17 GMT

Sisi switches up board of Egypt's central bank with decree

Al Bawaba
November 10th, 2015 - 01:45 GMT

Saudi Arabia launches research study on MERS

Al Bawaba
October 22nd, 2015 - 05:33 GMT

Smoking may kill, but it also boosts Egyptian tax revenue big time

Al Bawaba
October 18th, 2015 - 07:00 GMT

Qatar faces housing shortage despite construction boom

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