Oman News

IMF hails Oman’s economic progress

Muscat – The International Monetary Fund (IMF) has praised Oman’s efforts in dealing with the COVID-19 crisis and reviving the economy after the pandemic. IMF said that higher oil prices, fiscal consolidation measures and progress on structural reforms are supporting a post-pandemic economic recovery in the sultanate. An IMF mission,…

Oman Rail and Etihad Rail to establish $3bn cross-border rail network

Oman Rail and Etihad Rail have reached an agreement to build a railway network to connect Oman and the United Arab Emirates (UAE). The duo will jointly set up the Oman-Etihad Rail Company, a new entity equally owned by the two firms, to operate this network. With an investment of…

HM, UAE President exchange orders, mementos

MUSCAT: His Majesty Sultan Haitham bin Tarik and Shaikh Mohammed bin Zayed al Nahyan, President of the United Arab Emirates (UAE), exchanged orders and commemorative gifts at Al Alam Palace on Tuesday on the occasion of the visit made to Oman by the UAE President. https://www.omanobserver.om/article/1125919/oman/his-majesty/hm-uae-president-exchange-orders-mementos

Rollout of mandatory health insurance in 2023

Implementation of the mandatory health insurance scheme for the private sector, also known as ‘Dhamani’, will commence in 2023, according to a key official of the healthcare sector…. Read more on: https://www.omanobserver.om/article/1125458/business/economy/rollout-of-mandatory-health-insurance-in-2023. https://www.omanobserver.om/article/1125458/business/economy/rollout-of-mandatory-health-insurance-in-2023

Oman sees rise in water and electricity generation

Muscat: Oman’s electricity and water production grew by 1.6 per cent and 6 per cent, respectively at the end of the first half of this year compared to last year.“The total electricity generation in the Sultanate of Oman until the end of June 2022 increased by 1.6 per cent to…

Oman, Saudi Arabia discuss feasibility of railway link – Muscat Daily

Muscat – A forum between the Sultanate of Oman and the Kingdom of Saudi Arabia held on Thursday reviewed the status of joint ventures and initiatives in the fields of transportation and logistics. H E Said Hamoud al Ma’awali, Minister of Transport, Communications and Information Technology, said that the forum…

Sayyid Asa’ad offers condolences on passing away of Sheikh Khalifa

Sunday 15/May/2022 His Highness Sayyid Asa’ad bin Tarik Al Said, Deputy Prime Minister for International Relations and Cooperation Affairs, Personal Representative of His Majesty the Sultan paid a visit yesterday to the United Arab Emirates (UAE) to offer condolences to Sheikh Mohammed bin Zayed Al Nahyan, President of the UAE,…

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