Oman Ferries carry over 250,000 passengers in 2025 National

Oman Ferries carry over 250,000 passengers in 2025

Muscat: The National Ferries Company, Oman’s national maritime transport operator, transported more than 250,000 passengers during 2025, recording an average of around 690 passengers per day, according to its latest periodic statistics. The company also carried over 64,000 vehicles and transported more than 27,000 tonnes of cargo across its network of maritime routes, reflecting steady […]

CEPA: Why India is betting on Oman Business

CEPA: Why India is betting on Oman

MUSCAT, JUNE 8 As the Oman–India Comprehensive Economic Partnership Agreement (CEPA) enters its first week of implementation, an interesting trend is emerging across Indian policy and business circles. Increasingly, the discussion is no longer focused on tariffs, customs procedures or market access. Instead, it is centred on Oman itself. For India, Oman appears to be […]

Bank credit in Oman expands to RO 35 billion Finance

Bank credit in Oman expands to RO 35 billion

MUSCAT: Total credit extended by Oman’s banking sector reached around RO 35 billion by the end of November 2025, representing an increase of 8.8 per cent. Credit to the private sector grew by 6.9 per cent to RO 28.7 billion, reflecting sustained lending activity. Data from the Central Bank of Oman showed that the largest […]

FSA mandates minimum EV insurance coverage by end-2026 National

FSA mandates minimum EV insurance coverage by end-2026

Muscat: The Financial Services Authority (FSA) has issued a circular requiring all insurance companies licenced to provide motor insurance in Oman to maintain a minimum level of electric vehicle (EV) insurance underwriting relative to the size of their motor insurance portfolios. Under the circular, insurers must ensure that EV insurance policies account for no less […]

90% of Gen Z can’t stay off their phones at work Technology

90% of Gen Z can’t stay off their phones at work

To better understand how digital habits are shaping behaviour, the team at PlayersTime analytical firm commissioned an online survey, examining attitudes toward excessive internet use, social media dependency, and AI-generated content. The survey was conducted online among 1,509 adults in April, with participants primarily from North America and Europe. Findings suggest that while a majority […]

Freelancers to gain access to finance, tenders Business

Freelancers to gain access to finance, tenders

MUSCAT, JUNE 9 Oman is moving to strengthen freelance work as part of its wider push to diversify the economy, expand private-sector participation and create more flexible employment opportunities for national talent. The Oman Chamber of Commerce and Industry (OCCI) announced a package of financial and regulatory initiatives during a seminar titled The Reality of […]

Bank Muscat posts RO 255.54 million net profit for 2025 Finance

Bank Muscat posts RO 255.54 million net profit for 2025

MUSCAT: Bank Muscat, the flagship financial institution in the Sultanate of Oman, announced its preliminary unaudited results for the year ended December 31, 2025. The Bank posted a net profit of RO 255.54 million for the period compared to RO 225.58 million reported during the same period in 2024, an increase of 13.3 per cent. […]