Muscat: The Gulf oil sector generated $561.2 billion in value added at current market prices during 2024, contributing 24.0 percent to the region’s gross domestic product, while constant-price value added reached $541.9 billion, representing a 29.3 pe…
Business
Energy Ministry Launches Second Edition of “Majd” Award for Local Content
Muscat: The Ministry of Energy and Minerals has launched the second edition of the “Majd” Award for Local Content.
According to Oman News Agency, this initiative is part of the “Majd” program, which aims to enhance local content in the energy and m…
FSA Approves Regulation of Actuarial Services Offices
Muscat: The Financial Services Authority (FSA) issued a decision approving the regulation of actuarial services offices. The decision aims to establish a clear professional framework for practicing this specialized activity and to consolidate quality …