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 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...

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...

Oman clears commercial spaceflight framework

MUSCAT: Etlaq Spaceport, Oman’s first commercial spaceflight hub, has welcomed the Civil Aviation Authority’s (CAA) recent decision to introduce a framework governing the approval of commercial space launch activities, marking the first initiative...

Oman welcomes Pakistan-Afghanistan ceasefire agreement

Muscat: The Sultanate of Oman has welcomed the ceasefire announcement signed in Doha between the Islamic Republic of Pakistan and Afghanistan. A statement from the Foreign Ministry said, "The Sultanate of Oman affirms its appreciation and...

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 police arrest six men with large quantities of drugs

Police in Muscat arrested six men with large quantities of drugs. The Directorate for Combating Drugs and Psychotropics arrested the men in Wilayat Al Seeb after they were found in possession of a large number of drugs and thousands of...

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 lights up with festive spirit as Indian expats prepare for Diwali

MUSCAT — As the Festival of Lights draws near, Indian expatriates across Oman are lighting up their homes and hearts in joyous anticipation of Diwali, a time symbolizing the triumph of light over darkness and good over evil. From twinkling diyas...

Oman’s CPA recovers RO 1,000 for consumer in Al Dakhiliyah contract dispute

MUSCAT – The settlement is part of the Authority’s continued efforts to uphold consumer rights and ensure fair business practices in accordance with Oman Vision 2040. The case originated from a complaint lodged by a consumer who reported that he...

Oman enhances investment climate with strong infrastructure, digital transformation, and business reforms

MUSCAT – These efforts align with the government’s broader strategy to attract foreign direct investment and support sustainable economic growth. The government has invested extensively in upgrading infrastructure to support investment across...

Liva Insurance Redefines Loyalty with Snow Oman & VOX Partnership: Where Protection Meets Everyday Enjoyment

Liva Insurance has once again raised the bar for customer experience in Oman, transforming what insurance means to its customers. The company’s Rewards Program – already one of the most vibrant loyalty ecosystems in the insurance industry – has...

Inflation rate in Sultanate of Oman rises by 1.1 percent

Muscat - Saba: The general consumer price index in the Sultanate of Oman rose by 1.1 percent in September 2024 compared to the same month in 2024, with the base year 2018. Average inflation also rose by 0.8 percent during the period from January...

Oman welcomes Pakistan-Afghanistan ceasefire, commends Qatar and Turkey for agreement

Industry leaders chart path for sustainable tourism in Oman

Muscat – Tourism leaders, industry experts and environmental advocates have called for greater collaboration to position Oman as a year-round global tourism destination while ensuring sustainable growth and heritage preservation. The call came...