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COMMERCIAL NEWS

Oman’s actual budget deficit declines 45.4pc in 2021

Jun 27, 2022 9:51 AM

Oman s actual budget deficit by the end of 2021 was OMR1.223 billion ( 3.18 billion) a 45.4% decline compared to the estimated deficit of OMR2.240 billion as a result of the improvement in oil prices and...

MORE COMMERCIAL NEWS

Oman's fiscal efforts, oil price support growth Jun 17, 2022 8:00 AM

Oman s continued fiscal consolidation efforts and the favourable...

Takaful Oman raises its capital by $15.58m through rights issue Jun 14, 2022 3:56 PM

Oman s only indigenous Islamic insurer Takaful Oman has announced...

Gulf Japan Food Fund invests in Oman Fisheries May 10, 2022 10:58 AM

Gulf Japan Food Fund (GJFF) an international private equity fund...

Oman’s Bank Nizwa offers financing for Caterpillar vehicles Apr 27, 2022 10:06 AM

Oman s Bank Nizwa has signed a Memorandum of Understanding (MoU)...

Bank Nizwa opens new branch in Jalan Bani Bu Ali Apr 6, 2022 10:15 AM

Bank Nizwa a leading bank in Oman recently inaugurated its Jalan...

Phaze Ventures, Microsoft enhance ties to support Oman startups Jun 14, 2022 5:20 PM

Venture capital firm Phaze Ventures and Microsoft deepened their...

Oman’s PhazeRo to collaborate with Microsoft to accelerate innovation Jun 13, 2022 5:25 PM

Omani software company PhazeRo has entered into a memorandum of...

Ericsson offers STEM programme to students in Oman May 10, 2022 8:14 AM

The New York Academy of Sciences and Ericsson have partnered in...

TZC embarks on digital transformation with SAP RISE Apr 26, 2022 1:16 PM

The Zubair Corporation (TZC) one of the consignment family-owned...

Ominvest unit in deal to acquire RSA Middle East Apr 5, 2022 9:12 AM

Oman International Development and Investment Company (Ominvest)...

Bank Nizwa signs deal to support ‘Sahim’ programme Apr 4, 2022 9:47 AM

Bank Nizwa Oman s trusted Islamic Bank has signed a deal with the...

Oman’s GDP surges 16% in 2021 to hit $85.5bn Mar 24, 2022 6:51 AM

The gross domestic product (GDP) of Oman at the end of December...

Crowne releases book on doing business in Oman Mar 1, 2022 6:58 AM

An investor guide on doing business in Oman 2022 published by Crowe...

Sohar International signs agreement with Hambro Perks Mar 27, 2022 1:47 PM

Sohar International a leading bank in Oman has partnered with Hambro...

Google, Oman to enhance hybrid and distance learning Mar 20, 2022 1:43 PM

Oman has agreed to continue using Google Workspace for Education...

Crowne releases book on doing business in Oman Mar 1, 2022 6:58 AM

An investor guide on doing business in Oman 2022 published by Crowe...

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