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Clarification on 1.2% VAT Deduction: Impact and Implications for Businesses in Oman

The Tax Authority clarified VAT calculation in the oil and gas sector. A 1.2% deduction for training and employment is

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Missing Woman in Rustaq: Implications for Local Business Security and Community Safety

The Royal Oman Police (ROP) is seeking public assistance to find a missing woman, Akhtar Shah, a Bangladeshi national, last

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Oil Prices Drop on Iran Supply Hopes: What It Means for Investors and Bond Markets Ahead of Warsh Debut

Crude prices fell as Iranian fuel may soon re-enter markets, easing inflation and lowering bond yields. Brent crude dropped below

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IMF Praises Oman’s Economic Resilience and Reform Momentum: What It Means for Investors and Business Growth

The IMF praised Oman's economic resilience and reforms after its 2026 consultation. Despite regional conflicts, Oman's GDP growth is strong,

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New Private Vehicle Inspection Station in Oman: What It Means for Automotive Businesses and Investors

Al Maha Technical Inspection Company launched its first private vehicle inspection centre under the "Tajdeed" brand at the Oman Automobile

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Omani Space Tech Startup Secures FFO Backing: Implications for Investors and Business Growth in Oman

Muscat-based Rocket Elements and Technologies (RE&T) has secured funding from Future Fund Oman, highlighting the Sultanate’s aerospace innovation. Focused on

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Oman’s Jet Fuel Output Rises 10.9%: What This Means for Aviation Investors and Businesses

Oman’s refining sector showed mixed results in early 2026, with jet fuel and petrochemical output rising, while gasoline, diesel, and

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Oman Real Estate Deals Near RO 946 Million: Key Insights for Investors and Business Owners

The value of real estate transactions in Oman rose 13.4% to RO945.8 million by April 2026, driven by stronger mortgage

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Oman and Sri Lanka Forge Economic Zone Partnerships: Implications for Investors and Entrepreneurs

MUSCAT: Oman and Sri Lanka discussed enhancing cooperation in special economic zones and industrial cities to boost investment and promote

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TRA Seeks Public Input on Child Social Media Rules: What This Means for Oman’s Digital Economy and Businesses

Oman's Telecommunications Regulatory Authority (TRA) has launched a public consultation on proposed regulations for children's social media use. It aims

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