Muscat: The Tax Authority today issued Decision No. 189/2026 amending certain provisions of the Regulations of the Value-Added Tax Law, which include the issuance of tax invoices in an approved and secure electronic format that ensures their integrity…
Business
Global Food Prices Rise Amid Persistent Supply Disruptions, Weather Impacts
Muscat: The Food and Agriculture Organization of the United Nations (FAO) has reported an increase in global food prices during July, driven primarily by rising prices of cereals, sugar, and vegetable oils, while meat and dairy product prices declined…
South Korea Records Highest Tourism Surplus Since COVID-19 Pandemic
Muscat: South Korea recorded its highest tourism balance surplus in June since the outbreak of the COVID-19 pandemic.
According to Oman News Agency, data released by Korea Tourism Organization and reported by Yonhap News Agency indicated that the su…