Business

Muscat: Revenues of 3 to 5 star hotels in the Sultanate of Oman reached approximately OMR156.54 million until the end of August 2026, compared to OMR175.84...

Muscat: The Board of Directors of the Central Bank of Oman (CBO) held its third meeting for 2026 on Sunday, at the Bank’s headquarters in Muscat...

Muscat: In terms of foreign trade, the value of Oman's squid exports during 2025 stood at approximately OMR4.47 million exported to 19 countries around the...

Muscat: The Tax Authority issued today three new administrative decisions designating the goods and products subject to value-added tax at a zero percent...

Washington, DC: US Energy Secretary Chris Wright highlighted the administration's policy focus on expanding domestic oil, natural gas, refining capacity,...

New Delhi: Gold prices could rise to $4,600-5,000 per ounce in the first half of 2027 as elevated US real yields and a stronger dollar ease, even as the...

New Delhi: India’s tourism sector is expected to play a growing role in economic activity and employment as the country expands its digital tourism...

Muscat: Developments in inflation are gaining increasing importance amid the transformations taking place in the global economy, underscoring the need to...

Muscat: The Sultanate of Oman has won the right to host the 23rd World Wind Energy Conference (WWEC 2027), marking a significant step in the country’s...

Muscat: Duqm Refinery has reached approximately 110% of its design capacity, recording production of around 255,000 barrels per day (bpd) in 2026,...