Date set for asset transfer to Social Protection Fund National

Date set for asset transfer to Social Protection Fund

MUSCAT: The Social Protection Fund has set a date for the completion of the transfer of ownership of assets from several pension funds to the Social Protection Fund, as part of the implementation of the unified pension and social protection system in the Sultanate of Oman. Article 1 of Decision No (R/11/2026) stipulates that 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 […]