Muscat:Revenues for hotels rated 3 to 5 stars in Oman reached approximately RO 156.54 million by the end of August 2026, marking an 11 percent decrease from RO 175.84 million during the same period in 2025. The average hotel occupancy rate stood at 46…
Muscat:The Board of Directors of the Central Bank of Oman (CBO) convened for its third meeting of 2026 at the Bank’s headquarters in Muscat Governorate.
According to Oman News Agency, the Board adopted a new Policy on the Classification and Licensin…
Muscat:Gulf Cooperation Council: The total economic value of the tourism sector in the GCC countries rose to around USD 254.7 billion in 2025, with tourism-related employment reaching nearly 4.5 million jobs.
According to Oman News Agency, the “Stra…