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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Gold Prices Reach New Record High in GCC: What Investors and Businesses Need to Know
Gold prices in Oman soared with 22-karat at RO44.9/g and 24-karat near RO48.1/g. Global rallies pushed bullion past $3,800 amid
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Oman’s Clean Hydrogen Ambition: What Global Investors and Businesses Need to Know
Oman backs European Hydrogen Week 2025 as ‘Country Partner,’ highlighting its green hydrogen strategy. Led by Minister Salim al Aufi,
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Asyad Shipping Expands Dry Bulk Fleet with $209M Investment: Implications for Oman’s Shipping Industry and Business Growth
MUSCAT: Asyad Shipping, a majority Omani state-owned maritime company, will acquire three Newcastlemax Dry Bulk Carriers for $209 million as
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Investment and Commercial Court’s New Primary and Appellate Chambers: What This Means for Business Dispute Resolution in Oman
The Supreme Judicial Council in Oman will establish primary and appellate chambers of the Investment and Commercial Court across various
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