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Muscat: The Oman Investment Authority (OIA) stated that the Invest Oman Lounge has 36 investment opportunities worth a total of OMR 1.5 billion in 36 different industries. The Director General of Economic Diversification at OIA, Hisham Ahmed Al Sheedi, said that these business opportunities could help OIA and other government and private organisations work better together. He said that the possibilities are spread across a number of important investment areas, such as technology, utilities (like electricity), tourism, fisheries, food,

Here is the full list of more than 100 countries where you can visit without a visa, according to Oman’s Foreign Ministry. On Tuesday, Oman said that tourists from more than 100 countries can visit for up to 14 days without a visa. The goal is to get more people to visit Oman, which is known for its beautiful landscapes, rich history, and unique culture. Oman says that people from over 100 countries can enter without a visa. The Royal

Muscat: According to the latest data from the National Centre for Statistics and Information (NCSI), the revenue of 3–5-star hotels in the Sultanate of Oman went up by 68% from the same time in 2022, when it was OMR29.429 million, to OMR49.427 million by the end of February 2023. You will be interested on: Apply for Local Business License in Oman By the end of February 2023, there were 357,810

Muscat: Musandam Global Investment Company and foreign partners signed a memorandum on Musandam Fish Farming Company’s binding business terms and incorporation papers. The agreement, which was signed at the Invest Oman Lounge, calls for an integrated marine fish farming project to be set up in open seas in the Musandam Governorate. The project is set to start this year, and its goal is to make more than 3,500 tonnes of different kinds of fish each year that can be sold in regional

Muscat: The Ministry of Economy has said that financial and economic indicators for 2022 and the first quarter of 2023 show that Oman’s economy has the ability to deal with problems and set itself up to grow and be competitive. The Undersecretary of the Ministry of Economy, Dr. Nasser Rashid Al Ma’awali, said that the current economic indicators are important wins for Oman’s economy and will have a positive effect on the way the economy grows. You will be interested on:

Muscat: The Small and Medium Enterprises Development Authority has announced that businesses can now apply to take part in the on-the-job training programme. This is the third time this programme has been offered, and its goal is to help job seekers find work in small and medium-sized businesses. You will be interested on: Business Setup Process in Oman “Nearly 1,200 Omani businesses were helped by the initiative last year,” the authority said. Workers in small and

Muscat: To develop a low-CO2 iron metallics project in the Special Economic Zone at Duqm (Sezad), the Public Authority for Special Economic Zones and Free Zones (Opaz) signed an agreement with Kobe Steel, a major steel manufacturer in Japan, and Mitsui & Co. At the ceremony, Kobe Steel and Mitsui also penned a memorandum of understanding (MoU) with the Centralised Utilities Company (Marafiq) to supply the project with water and power, as well as a land reservation agreement

Muscat: Four of Oman’s top banks made Forbes Middle East’s list of the 50 Most Valuable Banks for 2023. The rankings, which were released by Forbes Middle East on Monday, are topped by Bank Muscat, which is ranked 22nd. Sohar International Bank is ranked 45th, followed by Bank Dhofar (46th) and the National Bank of Oman (47th). Four Oman banks are listed among the Top 50 banks in the area, highlighting the group’s continuing progress. The biggest bank in the area is Al

Muscat: The Public Authority for Special Economic Zones and Free Zones (Opaz) has decided to establish an executive committee, led by Eng. Ahmed bin Hassan Al Deeb, Opaz Deputy Chairman, to oversee the development project of the Integrated Economic Zone in Al Dhahirah Governorate. The group is made up of a number of Opaz officials as well as representatives from the Saudi side, including the Saudi Development Fund, Economic Cities and Special Economic Zones Authority, and the Ministry