Oman Business News

Oman plans to boost government spending by nine per cent next year as it seeks to revive the economy after the global economic crisis. Spending will rise to RO7.18 billion ($18.7 billion)Minister of National Economy and Deputy Chairman of the...

The world’s most successful premium automotive manufacturer yesterday announced plans to debut the new BMW 5 Series sedan in the Middle East in March 2010. The launch of the sixth generation of this immensely successful model marks the epitome of...

With the revival of international financial markets, the fourth quarter in the GCC region should be able to continue its positive performance, but at a lesser degree, according to a recent report by Kuwait based Global Investment House on the...

Oman-Uzbekistan Forum on Saturday to activate and develop trade cooperation between the Sultanate and Uzbekistan. The Oman-Uzbekistan Business Forum confirmed on a number of future initiatives within the framework of investment opportunities between the two countries.

As per the Royal Orders of His Majesty Sultan Qaboos bin Said, the holidays for Eid Al Adha and the 39th glorious National Day for employees at ministries, public authorities and other departments of the state’s administrative apparatus will start...

In the implementation of the directives of His Majesty Sultan Qaboos bin Said, a three-day symposium on Omani women was held in the purviews of the Royal Camp at Seih Al Makarim in the Wilayat of Sohar from October 17-19....

Positive momentum witnessed during the initial hours of the trading drove up the index to touch a milestone of 6,410 points, but the MSM index closed flat as it witnessed selling pressure in frontline stocks like BankMuscat which pulled down...

The Sultanate has used $300 million out of the $2 billion ‘Support Fund’ to help domestic companies wriggle out of the recession and may not require the balance $1.7 billion as the economy has been fast recovering from the impending...

The brand new first class mini-suite, together with new business and economy class seats, menus and uniforms on Oman Air’s new three-class Airbus A330-300 were unveiled before local and international media on a short flight over the Muscat skies yesterday....

Prosperity of Oman should be the focus of Indians living and working here, said Dr A...Abdul Kalam, former president of India, here yesterday. “Indians should always show what great performers they are,” he said. He was speaking at an interactive...