Browsing: Oman

The UAE led Oman’s trading partners in 2025 across non-oil exports, re-exports and merchandise imports,…

The United Arab Emirates and the Sultanate of Oman held the first round of consular…

Senior representatives from the Sultanate of Oman and DP World assessed progress on the Al…

Most central banks across the Gulf Cooperation Council (GCC) have reduced their benchmark interest rates…

Oman has announced a five-year suspension of withholding tax on service contracts for vessels registered…

ADNOC Drilling has agreed to purchase a 70% share in SLB’s onshore drilling operations in Oman and Kuwait, establishing a joint venture valued at up to $112 million. This strategic move, anticipated to conclude in the first quarter of 2026, will grant ADNOC Drilling access to eight operational onshore rigs—six located in Oman and two in Kuwait.

Oman has officially declared Eid Al Fitr 2025 holidays for both the public and private…

PwC Middle East’s latest IPO+ Watch report reveals that while the GCC IPO market in Q3 2024 saw fewer listings compared to Q3 2023, it achieved higher proceeds.

Team Future Gadget Lab from Kuwait and Team Beyond Limits from the UAE secured first and second place, respectively, in the regional semifinal of the fourth annual Tech4Good Competition, held alongside the Seeds for the Future 2024 Programme in Tashkent.

Standard & Poor’s Credit Ratings Agency (S&P Global Ratings) has predicted today that the Takaful sector in the UAE, which is the second-largest Takaful market in the region, will see growth of between 15 and 20 per cent in 2024.