Business

Muscat: The value-added tax (VAT) has become a reality in Oman. Oman has issued a decree to start levying a 5 per cent VAT in six months from now. That is,...

Muscat: With the blessings of His Majesty Sultan Haitham bin Tarik, the Central Bank of Oman on Tuesday launched a programme amending terms for the...

Muscat: In line with the strategy to expedite the service delivery to investors and customers of the special economic zones and free zones through the...

Muscat: Oman’s largest cement manufacturer, Raysut Cement Company (RCC), said it has closed the deal of acquiring 75 per cent of Lafarge Holcim’s cement...

Muscat: Oman’s central bank raised OMR57 million by way of allotting treasury bills on Tuesday. The treasury bills are for a maturity period of 28 days,...

Muscat: Dubai Mercantile Exchange (DME) said that Oman oil price (December Delivery 2020) reached US$41.54.The DME statement said that the price of Oman oil...

Muscat: Oman government registered a budget deficit of OMR826.5 million until the end of June 2020. Meanwhile, the budget deficit for the same period of...

Muscat: The total foreign investments in the Sultanate reached OMR19.96 billion by the end of 2018, up by 12.1 per cent, compared to OMR17.80 billion in...

Muscat: Dubai Mercantile Exchange (DME) said that Oman oil price (December Delivery 2020) reached US$41.69. The DME statement said that the price of...

Muscat: The MSM index closed at 3,584.22 points, down 0.18 per cent from the previous close. The Sharia Index ended down 0.15 per cent at 516.73 points. Al...