Business

Muscat: The Ministry of Finance today launched the first phase of transition to the Unified Government Financial System codenamed ‘Maliya’. The step is in pursuance of a national scheme to modernize and facilitate financial procedures, ushering in a process of comprehensive digital transition that supports connectivity among government institutions. According

Muscat: The Central Bank of Oman (CBO) today hosted its Annual Meeting with Financial Institutions, uniting industry leaders under the theme ‘Reimagining Tomorrow’. Chaired by Ahmed bin Jaafar Al Musalami, Governor of the CBO, the event drew CEOs and senior officials from licensed banks, Finance Leasing Companies (FLCs), Payment Service

Muscat: The Oman-India Business Forum, convened at Al Bustan Palace Hotel today, focused on reviewing promising investment opportunities within the Sultanate of Oman and forging a stronger economic partnership with the Republic of India. The forum served to elevate bilateral ties to new heights and establish innovative channels for collaboration

Muscat: Oman oil price for February delivery 2026 today reached 59.82 US Dollars, marking a decline of 21 cents compared to the previous day’s price of 60.03 US Dollars. According to Oman News Agency, the average price of Oman oil for December delivery 2025 stabilized at 65.04 US Dollars per

Muscat: The Sultanate of Oman and the Republic of India signed an executive programme, a joint vision document, and four Memoranda of Understanding (MoUs) in Muscat. This significant step was part of the official visit by the Prime Minister of the Republic of India to Oman. According to Oman News

Muscat: The Asyad Group has announced significant qualitative leaps in trade volumes between the Sultanate of Oman and the Republic of India for the period spanning 2020 to 2024. These results are a direct outcome of the group’s strategic initiatives and targeted logistics investments through its integrated network of assets,

Muscat: The Oman-India Business Dialogue laid a strong emphasis on expanding the economic partnership between the two countries, setting the course for broader cooperation and establishing new avenues for public and private sector collaboration. According to Oman News Agency, convened by the Oman Chamber of Commerce and Industry (OCCI) on

Muscat: Qais bin Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion, held a meeting today with Piyush Goyal, Minister of Commerce and Industry of the Republic of India, on the sidelines of the Oman-India Business Dialogue. The discussions focused on elevating economic and commercial cooperation between the two