Muscat: The Sultanate of Oman participated in the 15th meeting of the Committee of Heads and Directors of Tax Administrations in the GCC, which was held in Kuwait. The Omani delegation was headed by Nasser Khamis Al Jashmi, Chairman of the Tax Authori…
Month: September 2025
CBO Launches E-system to Offer Sharia-compliant Liquidity Management Instruments
Muscat: The Central Bank of Oman (CBO) has introduced an electronic system aimed at providing Sharia-compliant Rial Omani liquidity management instruments for Islamic Banking Entities within the Sultanate of Oman. This development marks a significant …
Agreement Inked to Establish MENA’s First Perforating Charges Manufacturing Facility
Muscat: Petroleum Development Oman (PDO) and French company SLB have signed an agreement to establish the Oman Perforation Technology Center, the first perforating charges manufacturing facility of its kind in the Middle East and North Africa for the …