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Oman holiday

Oman announces public holiday for Prophet Muhammad’s birthday, sets up 3-day weekend

The resulting holiday sets up a 3-day long weekend for those working in the public and private sector in the country

SalamAir suspends flights to India Image Salam Air

Oman’s SalamAir suspends flights to India from Oct 1

SalamAir, which flies to Jaipur, Lucknow, Kozhikode and Thiruvananthapuram in India, also operates flights via Fujairah Airport to three of these Indian cities

Oman Air global sale launches with discounts on tickets Image Oman Air

Oman Air global sale starts: 20% off on economy flights, more details here

The promotion from Oman Air is valid for travel until March 15, 2024 and includes return flights only

OQ Gas Networks seeks to raise up to $771m from IPO

Oman’s OQ Gas Networks seeks to raise up to $771m from IPO

The institutional investor tranche represents 40 per cent of the offering while the retail portion accounts for 30 per cent

Oman puts 103 countries on visa-free list Image Getty Images

Oman visa-free entry: Check list to see countries that qualify

Nationals of 103 countries and regions are exempt from entry visas for stays up to 14 days

OQ Gas Networks to list 49% stake on Muscat Stock Exchange

Oman’s OQ Gas Networks to list 49% stake on Muscat Stock Exchange

The selling shareholders reserve the right to amend the size of the offering at any time before the end of the subscription period

Oman Data Green City Phoenix Group to set up crypto-mining farm Image Supplied

Oman: Phoenix Group, Green Data City to install $300m crypto-mining farm

UAE-based Phoenix Group is experienced in the development, operation and management of crypto data centres

Oman’s GDP up 4.7% in Q1 2023

Oman’s economy grows 4.7% in Q1, boosted by non-oil activities

The economic growth was boosted by a 4.6 per cent gain in the non-hydrocarbon sector and a 3.5 per cent increase in oil activities.

Etihad Rail

Oman-Etihad Rail invites applicants for freight facilities works; 7 facts about the JV

The GCC railway project will include a line connecting Oman’s Suhar to UAE capital Abu Dhabi

Oman's OIA

Oman Investment Authority’s assets hit $46.6bn in 2022

The country’s sovereign wealth fund said its return on investment last year touched 8.8 per cent, which allowed it to contribute substantially to support the general budget

Oman Investment Authority

Saudi Arabia’s PIF to expand investment in Oman

The fund has signed an agreement with Oman Investment Authority aiming to invest in a wide range of asset classes and target industries

Oman holiday

Oman announces changes to labour law: Highlights

The changes to Oman’s labour law have been brought about to further the country’s objectives set out in the Vision 2040 national agenda


Oman announces holiday dates for Islamic New Year

The official holiday will apply to those working in both the public and private sectors in Oman


Oman’s SalamAir to lease three Airbus A330neo aircraft from Avolon

The letter of intent was signed during the Paris Air Show, and the initial delivery is scheduled for October 2023


Oman announces dates for Eid Al Adha 2023

The sighting of the crescent signifies the annual Hajj pilgrimage’s start on June 26 and Arafat Day will fall on June 27

Sultan Haitham City image credit Twitter Oman News Agency

Oman unveils plans to build Sultan Haitham City

The smart and sustainable city will cover an area of approximately 15 million square metres

Oman's OIA

Oman’s Bank Dhofar, Omnivest submit competing bids for Ahli Bank

The revised bid from Oman’s Bank Dhofar comes a day after Omnivest said it would lead a consortium that will make an offer for Ahli Bank


Oman announces the first day of Eid Al Fitr 2023

The decision was made after the moon sighting committee failed to sight the crescent moon of Shawwal on Thursday, April 20

Oman earthquake

Magnitude 5.8 earthquake strikes off the coast of Oman

The 5.8 magnitude earthquake in Oman did not affect the UAE nor felt by any residents

EFG Hermes exit Oman

EFG Hermes shuts Oman operations

The universal bank said the move comes in light of its efforts to drive shareholders’ value by optimising its operations and improving the return on equity metric

Oman Ahli United Bank, Bank Dhofar merger

Oman’s Ahli Bank rejects merger offer from Bank Dhofar

The board of directors studied the non-binding proposal from Bank Dhofar and decided not to accept it

UAE, Oman sign agreement to boost environmental preservation efforts

UAE, Oman sign agreement to boost environmental preservation efforts

Both sides will conduct joint research in the fields of environmental preservation

Oman oil driller Abraj Energy hires banks for $500m IPO

Omani ministry signs nickel extraction agreement with UK’s Knights Bay

The first mining agreement is Oman’s first with a foreign investor


F88 raises $47m ahead of its planned Vietnam IPO

The Hanoi-based company offers small loans primarily backed by vehicles as collateral and provides financial services, such as insurance and money transfers

Abraj oil drilling deal

Oman’s Abraj inks oil drilling deal with Chevron, Kuwait Gulf Oil Company

Abraj will construct three drilling platforms in the Wafra oilfield in the southern part of Kuwait as part of the deal

Oman, Israel

Oman opens airspace to all airlines

The sultanate’s historic decision is expected to shorten flights to some Asian destinations by more than two hours

Saudi Omani conference Photo courtesy saudi press agency SPA

Saudi Arabia, Oman sign 13 investment agreements, value exceeds SAR1bn

The agreements were signed at the Saudi-Omani Investment Forum being held in Riyadh


TotalEnergies announces start of gas production from Oman’s onshore Block 10

TotalEnergies holds a 26.55 per cent interest in Block 10, with OQ retaining 20 per cent and Shell holding 53.45 per cent

Oman gets interest from hydrogen investors for mega-blocks

More than 40 companies, including TotalEnergies and BP, have purchased request-for-qualification documents for the Omani blocks

Oman celebrates its 52nd National Day

Oman celebrates its 52nd National Day

The country has announced November 30 and December 1 as holidays for employees in the public and private sectors to mark the National Day