Timely Wage Transfers: How Oman’s New MoL Penalties Impact Your Business Operations
The Ministry of Labour mandates employers to transfer at least 75% of workers' wages through the Wage Protection System by
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Category: News
Stay informed with the latest Oman news. Get timely updates on business, economy, and market announcements relevant to professionals and investors in the Sultanate.
Swiss Confederation Vice President’s Visit to Muttrah Souq and Al Mirani Fort: What It Signals for Business and Investment Opportunities in Oman
Federal Councillor Guy Parmelin, Vice President of Switzerland, visited Muttrah Souq and Al Mirani Fort in Oman. He explored traditional
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Saudi Arabia’s Monsha’at to Host Biban Forum 2025 in November: Key Opportunities for Investors and Entrepreneurs
The Biban Forum 2025, hosted by Saudi Arabia's Monsha’at from Nov 5-8 in Riyadh, will feature 200+ speakers, 1,000+ exhibitors,
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Transforming CSR into Sustainable Investment: What the New Energy Foundation Means for Businesses in Oman
The Ministry of Social Development has launched the Energy Sector Social Responsibility Development Foundation to enhance integration within government institutions
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OIA Invests in Salience Labs: What This Means for AI Innovation and Business Growth in Oman
Oman Investment Authority (OIA) invests in UK-based Salience Labs via its Future Generations Fund, advancing AI tech. Salience Labs develops
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Oman’s Introduction of Personal Income Tax Expected to Generate RO 80 Million: What It Means for Investors and Businesses
Oman will introduce Personal Income Tax in 2028, expected to generate RO 80 million (~$208M). The 5% tax applies to
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GCC-Thailand Trade Decrease of 50% in 2023: Implications for Investors and Businesses in Oman
The trade exchange between the GCC and Thailand dropped by 50% in 2023 to $20.3 billion, down from $40.6 billion
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4th Musandam Winter Season: What It Means for Tourism Sector Growth and Investment Opportunities in Oman
The 4th Musandam Winter season (Nov 2025-Apr 2026) features 60+ events including festivals, marine sports, and cultural activities. It aims
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MOCIIP Notice on Money-Laundering and Terror Financing: Key Implications for Businesses and Investors in Oman
The Ministry of Commerce, Industry, and Investment Promotion (MOCIIP) urges licensed precious metals and stones traders to appoint an employee
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Stocks Surge as Dollar Declines and Gold Soars: Implications for Investors Amid Potential US Government Shutdown
Global stocks rose as the dollar eased amid concerns over a potential U.S. government shutdown, which could delay key economic
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