Business

Finance Minister Meets World Bank Executive

Sultan Salim Al Habsi, Minister of Finance today met with Abdulaziz Ibrahim, CEO of the World Bank for Reconstruction and Development (IBRD).

The meeting highlighted economic developments in the Sultanate of Oman.

During the meeting, the two sides e…

Exhibition Held to Support Industrial Sector in Oman

The Ministry of Commerce, Industry and Investment Promotion, in cooperation with Oman Chamber of Commerce and Industry (OCCI) branch in North Al Batinah Governorate, today organized an exhibition and several discussion panels in support of the industr…

Oman Oil Price Drops 1.83 US Dollars

Oman oil price (April delivery 2024) today reached 80.56 US Dollars, comprising a drop by 1.83 US Dollars compared to the price of yesterday (Wednesday) which stood at 83.39 US Dollars.

The average price of Oman oil (February delivery 2024) has

Oil Eases Amid Slower Demand Growth

Oil prices fell slightly today as the International Energy Agency (IEA) flagged slowing demand growth this year while also weighting a larger than expected jump in U.S. crude inventories.

Brent crude futures fell 37 cents (0.5%), to $81.23 a barrel. …

Housing Ministry Unveils 2024 Executive Plan

The Ministry of Housing and Urban Planning said that its ‘Amlak’ platform cleared more than 133,000 transactions, while its ‘Tatweer’ platform maintained a good level of services to more than 1,500 users

This was unveiled during a media gathering hel…

Oman, KSA Explore Cooperation in Civil Aviation Field

The Civil Aviation Authority (CAA) today held a meeting with the General Authority of Civil Aviation (GACA) of the Kingdom of Saudi Arabia (KSA) in Muscat.

The meeting aimed to activate bilateral relations and to enhance relations with all countries …

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