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Tag: Oman

Oman to Host New World Bank Group Office: What This Means for Business Growth and Investment Opportunities in Oman

The Government of Oman signed an agreement with the World Bank Group to establish a representative office in Oman. This

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Karwa Motors to Manufacture Mercedes-Benz Bus Chassis in Oman: What This Means for the Local Automotive Industry and Investors

Karwa Motors of Oman has partnered with Daimler Truck to manufacture Mercedes-Benz bus chassis at its Duqm facility. The agreement,

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Oman and Eritrea Explore New Economic Cooperation: Opportunities for Investors and Entrepreneurs

The Sultanate of Oman and Eritrea reaffirmed commitment to deepen trade and investment ties during a visit by Eritrea’s Commerce

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Nama Electricity Distribution’s Solar Power Projects: What Investors and Businesses Need to Know About Oman’s Renewable Energy Future

The 4th Oman Electricity and Energy Conference 2025 saw Nama Electricity Distribution showcase its solar power projects and battery storage

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Omani Firms to Avoid Double VAT on UAE Imports: Key Tax Relief for Business Growth in Oman

Oman Taxi Authority clarifies VAT rules for Omani companies trading with the UAE and Gulf countries. Companies can avoid undue

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ITHCA’s $20M Investment in US Firm Movandi: Implications for Oman’s Tech Hub Ambitions

Oman's ITHCA Group has invested $20 million in US-based Movandi to enhance the Sultanate's semiconductor and smart-communications ecosystem, aiming to

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Forum Explores Oman’s Economic Readiness for Global Shocks: Key Insights for Investors and Business Owners

The Ministry of Economy held a forum on "Economic Readiness to Face Global Shocks" for International Day for Disaster Reduction,

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Oman Ports Show Resilience Amid Global Shipping Shifts: Key Insights for Investors and Business Owners

Global container traffic shows steady growth despite challenges. In 2024, ports handled 928M TEUs, up 2% forecast for 2025. Shanghai

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Gold Prices Surge: What This Means for Investors and Businesses in Oman

Gold prices soared to a record high on Monday, driven by safe-haven demand due to US-China trade tensions and anticipated

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Oman’s GDP Grows 2.44% to RO 20.66 Billion in H1 2025: Implications for Investors and Business Owners

Oman’s economy grew in the first half of 2025, boosted by strong non-oil activities and a surge in natural gas

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