Oman’s SMEs expand rapidly, boosting private sector participation Business

Oman’s SMEs expand rapidly, boosting private sector participation

MUSCAT: The small and medium enterprises (SMEs) sector in the Sultanate of Oman recorded accelerated growth during the first half of 2026, driven by an expanding base of businesses, increased funding and support programmes, and a strengthened entrepreneurship ecosystem. This reflects the growing role of this sector as a key driver of economic diversification and the […]

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 […]