News
Oman's GDP tops OMR9. 6 billion in first quarter of 2026
8+ hour, 45+ min ago (233+ words) Muscat: The Gross Domestic Product (GDP) of the Sultanate of Oman at constant prices recorded a 2. 6% increase during the first quarter of 2026, reaching OMR9, 685. 4 million, compared to OMR 9, 442. 1 million in the corresponding quarter of 2025. Preliminary data released by the National Centre…...
Tender Board awards over OMR114mn in development projects
4+ hour, 55+ min ago (429+ words) Times of Oman Tender Board awards over OMR114mn in development projects Muscat: The Tender Board, chaired by Dr. Khamis bin Saif Al Jabri, Minister of Economy and Chairman of the Board, awarded a number of tenders and supplementary works for development…...
From shopping bags to bank transfers: What's changing in Oman this July?
4+ day, 5+ hour ago (349+ words) Muscat: July 1 marks the start of several significant policy changes in Oman, affecting everything from shopping and banking to business operations, as authorities push ahead with environmental sustainability and digital transformation initiatives. Among the biggest changes is the expansion of…...
India's financial system in strong position to withstand global shocks, RBI sees continued stability ahead
4+ day, 18+ hour ago (374+ words) New Delhi: India's financial system remains resilient and well-capitalised despite persistent global uncertainties, the Reserve Bank of India said in the June 2026 edition of its Financial Stability Report. The FSR reflects the collective assessment of the Sub-Committee of the Financial…...
Raysut Industrial City workshop highlights importance of credit insurance
5+ day, 7+ hour ago (155+ words) Times of Oman Raysut Industrial City workshop highlights importance of credit insurance Salalah: Raysut Industrial City, which operates under the Public Establishment for Industrial Estates (Madayn), in cooperation with Credit Oman, organised on Tuesday a workshop on the importance of…...
Oman participates at 50th Saba Saba Trade Fair in Tanzania
6+ day, 8+ hour ago (371+ words) Dar es Salaam:" The Sultanate of Oman, represented by the supervisory team for promoting Omani products "OPEX, has commenced its participation in the Golden Jubilee edition of the Dar es Salaam International Trade Fair "Saba Saba 2026 in Tanzania. The exhibition…...
India IT faces uncertain demand environments from Gen AI-led deflation and geopolitics: Report
6+ day, 17+ hour ago (227+ words) Times of Oman India IT faces uncertain demand environments from Gen AI-led deflation and geopolitics: Report New Delhi: The India IT sector is facing an uncertain demand environment from an unprecedented confluence of technology and business cycle headwinds from Gen…...
Al Mouj Muscat marks twenty years of distinction with OMR 878 million contribution to Oman's GDP
1+ week, 11+ hour ago (543+ words) Conducted by leading Omani research company, The Firm for Business and Economic Consulting, the study positions Al Mouj Muscat as a national benchmark for integrated destination development. It demonstrates how large-scale mixed-use projects can accelerate economic diversification, stimulate private sector…...
Oman boosts transparency and accountability in public projects
1+ week, 1+ day ago (349+ words) Muscat: The Projects, Tenders and Local Content Authority, in cooperation with government entities, is implementing a comprehensive performance measurement system aimed at enhancing the planning, execution, monitoring and evaluation of government development and operational projects, while strengthening local content and…...
CAD may ease to 1. 6% of GDP; Bo P seen returning to surplus in FY27: Report
2+ week, 4+ day ago (358+ words) New Delhi: India's current account deficit (CAD) may narrow to 1. 6 per cent of GDP in FY27 as lower oil prices and improving exports support the external sector, as per a report by ICICI Bank. The report noted India's goods exports surged…...