Oman rejects transit fees on Strait of Hormuz ships National

Oman rejects transit fees on Strait of Hormuz ships

MUSCAT, JUNE 30 The Sultanate of Oman does not support imposing transit fees on ships passing through the Strait of Hormuz, but it left open the possibility of discussing charges linked to maritime services, Sayyid Badr bin Hamad al Busaidy, Foreign Minister, said. In an exclusive interview with Monte Carlo International Radio, Sayyid Badr said […]

CBO waives digital transfer fees for individuals, SMEs Business

CBO waives digital transfer fees for individuals, SMEs

BUSINESS REPORTER MUSCAT, JUNE 17 The Central Bank of Oman (CBO) has announced a major reform of national payment system fees, removing charges on local digital fund transfers for individual customers and small and medium enterprises. The revised fee structure will take effect from July 1, 2026 and covers transactions made through the Real-Time Gross […]