For many small businesses, chamber membership can feel less like a source of value and more like an annual obligation. That perception should concern the Oman Chamber of Commerce and Industry, not because it weakens the chamber, but because it points to a question that every representative business body must answer: what does the member […]
The operational and financial performance of Money Exchange Establishments (MEEs) in the Sultanate of Oman continued to evolve in 2024, reflecting the ongoing transition amid rising digitalization. According to the Financial Stability Report 2025, key performance indicators such as profitability and revenue experienced notable declines. Sector-wide profits contracted sharply by 62.8 percent, despite a more moderate 6.1 percent […]
Muscat:The Sultanate of Oman has officially launched the Muscat Action Plan at the United Nations Headquarters in New York, introducing a landmark international framework aimed at strengthening conflict prevention and addressing identity-based violence worldwide. The Muscat Action Plan establishes a UN-led consultative process in partnership with the network of religious and traditional peacemakers. It brings […]
Ever wake up with a crick in your neck or a pain in your lower back? Are you roused from sleep by heartburn, or a partner complaining that you snore? If you answered “yes” to any of these questions, your sleep position might be to blame. There is no one “right” way to sleep, said […]
MUSCAT: The official price of Oman crude oil for August delivery rose by $2.49 on Monday to reach $93.38 per barrel, compared with $90.89 recorded at the close of trading last Friday. The increase came amid a broader rally in global oil markets, with crude prices rising more than 4 per cent following renewed geopolitical […]
MUSCAT, OCT 6 Oman Housing Bank (OHB) is accelerating access to affordable homes through tailored financing and closer collaboration with real estate developers, according to Ammar al Nasri, Manager — Media and Public Relations. Speaking on the sidelines of the Urban October event, which began in Muscat on October 6, Al Nasri said that OHB […]
Muscat: The Main Committee for the Sighting of the Hijri Months Crescent at the Ministry of Endowments and Religious Affairs will convene on Monday evening to observe the crescent moon marking the beginning of Muharram 1448 AH. The meeting will be chaired by Dr Mohammed bin Said Al Maamari, Minister of Endowments and Religious Affairs. […]
On April 6, the astronauts of Artemis II were able to catch a full view of the Mare Orientale, a dark, ringed 600-mile-wide crater that straddles the near and the far sides of the moon. Human eyes had never seen the whole basin before. Everything to the crater’s left is the far side, the hemisphere […]
MUSCAT, JUNE 8 The establishment of a specialised Investment and Trade Court is among the most significant measures undertaken by the Sultanate of Oman to strengthen its investment environment and enhance investor confidence, according to Ibtisam bint Ahmed al Farouji, Under-Secretary for Investment Promotion at the Ministry of Commerce, Industry and Investment Promotion (MoCIIP). Speaking […]
MUSCAT: The Central Bank of Oman (CBO) will host the 17th Islamic Financial Services Board (IFSB) Summit in Muscat from February 2–4, 2026, under the theme “Islamic Finance for the Future: Unlocking New Horizons with Global Impact”. The summit will bring together central banks, regulators, international organisations and industry leaders to explore the growing role […]
