Oman Investment Authority reaffirms commitment to governance, integrity after SAI’s audit report

MUSCAT — The Oman Investment Authority (OIA) said it remains committed to upholding strong governance and transparency standards after the country’s State Audit Institution released its 2024 report highlighting observations on the Authority and...

Campaign to create women-friendly workplaces in private sector in Oman

Muscat – The General Federation of Oman Workers (GFOW) has launched a nationwide media campaign titled ‘A Friendly Environment for Women Working in the Private Sector’ to promote flexible work policies and safeguards that help women balance their...

Oman advances national strategy for quality and standards

MUSCAT: The Ministry of Commerce, Industry and Investment Promotion (MoCIIP), in collaboration with Imtiaz Development and Investment Company, has launched a two-day workshop titled “Quality and Standardisation: From Concept to National Impact” at...

Oman advances food security agenda at World Food Day 2025 celebration

Muscat: The Sultanate of Oman marked World Food Day 2025 with a high-level ceremony underscoring its commitment to global food security initiatives and sustainable agricultural development. The event, organised by the Ministry of Agriculture,...

Oman’s bank credit expands 8.6% in August as deposits climb 7%

Muscat – Total outstanding credit extended by Oman’s banking sector grew by 8.6% year-on-year to reach RO34.1bn at the end of August 2025, according to the latest data released by the Central Bank of Oman (CBO). Of the total, lending to the...

Oman Inaugurates ‘Hadatha’ – Its All-New Cybersecurity Center

The Ministry of Transport, Communications and Information Technology, represented by the National Cybersecurity Center, in collaboration with Middle East College, has launched the “Hadatha” Center for Cybersecurity at the college’s headquarters....

Oman's pavilion at Frankfurt Book Fair serves as window to Omani culture

Frankfurt: The Sultanate of Oman has concluded its participation in Frankfurt International Book Fair 2025, held in the Federal Republic of Germany during 15-19 October. Oman's pavilion attracted a diverse stream of visitors, serving to introduce...

Oman court jails and fines Environment Authority, telecom employees in bribery and fraud cases

Muscat – An Omani court has fined and jailed employees from the Environment Authority and a telecommunications company in separate bribery and fraud cases, the state audit watchdog said on Sunday. Two Environment Authority officials were fined...

Al Shamsi wins bronze at Asian Youth Games

Oman added a new athletic achievement at the 3rd Asian Youth Games in Bahrain as runner Al Yazan al Shamsi claimed the bronze medal in the 800 metre race with a time of 1:58.79 in a thrilling finish against Saudi competitors. His compatriot Raed...

Botswana President seeks investment opportunities in Oman

President Duma Gideon Boko of the Republic of Botswana has explored investment opportunities during his visit to Oman Investment Authority (OIA), as part of his visit to the Sultanate of Oman. The Botswana’s President was provided an overview of...

Oman introduces first-of-its-kind spaceflight framework in Middle East with 45-day launch approval

MUSCAT – The move signals the Sultanate’s ambitions to become a regional leader in the rapidly expanding space economy. In a press note issued online, Etlaq Spaceport, the region’s first commercial spaceflight hub, welcomed the announcement,...

Oman welcomes ceasefire agreement between Pakistan and Afghanistan

Muscat: The Sultanate of Oman has welcomed the announcement of the ceasefire signed in Doha between the Islamic Republic of Pakistan and Afghanistan. In a statement issued by the Foreign Ministry on Sunday, the Sultanate of Oman expressed its...

Oman launches ‘Hadatha’ cybersecurity centre to drive innovation and national resilience

MUSCAT – The launch was held under the patronage of His Excellency Dr. Saif Abdullah Al Haddabi, Undersecretary of the Ministry of Higher Education, Research and Innovation for Research and Innovation. The launch of the centre falls within the...

Estonia’s Introduct Group launches Oman operations

MUSCAT: Introduct Group, an Estonia-based international integrated technology partner with primary development office in Kyiv, Ukraine and Tallinn, has officially announced the opening of its operations in Oman as part of its strategic expansion...

Shabab Oman II concludes Friendship Voyage at Salalah Port

SALALAH: The Royal Navy of Oman's vessel Shabab Oman II docked at Salalah Port in Dhofar Governorate on Tuesday, marking its return leg in the seventh international voyage known as 'Glories of the Seas 2025.' This international journey served to...

Middle East Crude-Oman, Dubai rise; Murban declines

Middle East crude benchmarks Oman and Dubai rose on Tuesday from the prior session, while that of Murban fell following a rally for the previous three consecutive sessions. Overall, the market is under growing supply pressure as OPEC+ hikes its...

Oman REFCO Champions Youth and Community at Skeet Shooting Competition

Muscat: Oman Refreshment Company (REFCO), one of the country’s leading beverage and manufacturing companies, successfully concluded the Oman REFCO Skeet Shooting Competition, held from September 25 to 27 at Action Point arena. Organized in...

Oman Energy Development Company secures RO 385 million diverse funding, launches first sukuk

MUSCAT – This achievement reflects the rapid development in the financing capabilities of government-owned companies in the Sultanate of Oman. OEDC represents a model of efficient financial management, with the ability to access local and...

Oman sees 7.3% growth in bank credit; private sector lending climbs to RO 21.4 Billion

MUSCAT – Statistics issued by the Central Bank of Oman indicate that the total investments of conventional commercial banks in securities decreased by 3.2 percent to approximately RO 6.1 billion by the end of August 2025. While the investments of...

Oman welcomes ceasefire signed between Pakistan, Afghanistan

Muscat: The Ministry of Foreign expressed the Sultanate of Oman's welcome of the ceasefire announcement signed in Doha between the Islamic Republic of Pakistan and Afghanistan. The Sultanate of Oman also affirmed its appreciation and gratitude for...