oman

Golden Sands Hotel Company Achieves Full Ownership of Salalah Beach Resort

In a recent business maneuver, Golden Sands Hotel Company has successfully acquired an additional 34.91% stake in Salalah Beach Resort,…

2 years ago

Oman’s Economic Landscape, Navigating the Growth Trajectory in Q3 2023

In Q3 2023, Oman's economy displayed resilience with a 2.2% growth in real GDP, marking a positive rebound from a…

2 years ago

Triterras and Mamun Forge Fintech Powerhouse to Catalyze MSME Growth in Oman

In conclusion, the Triterras-Mamun alliance emerges as a beacon of fintech synergy, poised to catalyze economic prosperity in Oman. By…

2 years ago

Navigating Inflation Trends and Fiscal Resilience in Oman

Oman's recent economic landscape reveals a noteworthy decline in inflation, reaching its lowest level since March 2021. The Sultanate's Consumer…

2 years ago

PDO’s Monumental Stride; Oman’s Indigenous Drilling Rig and a Vision for Sustainable Energy Future

In a significant leap towards energy self-sufficiency and fostering in-country value, PDO has unveiled Oman's first locally made drilling rig.…

2 years ago

Oman’s Temporary Visa Ban on Bangladeshi Nationals

Oman's recent suspension of visas for Bangladeshi nationals, as clarified by the Embassy of Oman in Dhaka, has stirred discussions…

2 years ago

Cyclone Tej Threatens Oman’s Dhofar Region; Authorities Prepare for Impact

The Sultanate of Oman is facing a formidable challenge with Cyclone Tej, which has intensified into a Category 3 storm…

2 years ago

Omani Banks Receive Fitch Ratings Upgrade; A Positive Turn for the Banking Sector

Fitch Ratings has recently upgraded five major Omani banks' long-term issuer default ratings (IDRs). Bank Muscat, BankDhofar, NBO, Ahlibank, and…

2 years ago

Oman LNG’s Flourishing Gas Supply Agreements in 2023 Signal Growth and Global Expansion

Oman LNG's recent surge in gas supply agreements signifies a pivotal moment for the company and Oman's energy landscape. With…

2 years ago

Oman’s Export Landscape, Navigating Shifting Markets and Emerging Trends

Oman's export sector is undergoing a significant transformation, with recent data shedding light on its shifting trends and challenges. Non-oil…

2 years ago