Oman News

Eid holidays announced in Oman

Muscat: The Eid holidays for the private and government sectors in Oman have been announced by the Oman News Agency. The private sector will receive three days of holiday from Tuesday, 4 June 2019, to Thursday, 6 June 2019.

Sultanate, UK sign partnership agreement

Oman and the United Kingdom of Great Britain and Northern Ireland on Wednesday signed cooperation and partnership agreement to develop bilateral relations in various political, economic, scientific, cultural, development and technological spheres.

HM issues four Royal Decrees

Royal Decree 43/2019 on the appointment of a Secretary General for the Ministry of Finance. Article 1 appoints Nasser bin Khamis bin Ali al Jashmi as Secretary General for the Ministry of Finance with a Minister’s grade.

Ministry signs deal to boost fingerling production in Oman

Muscat: The Ministry of Agriculture and Fisheries yesterday signed an agreement with the Blue Water Company to allow the company to benefit from the techniques and facilities available at the Aquaculture Centre in Al Bustan to be a temporary fingerlings hatchery for the company.

First Starlight Reserve to come up in Dakhliyah

Oman has announced through a Royal Decree that it will establish region’s first Starlight Reserve in Dakhliyah governorate. The reserve will be a boon for astronomy lovers as well as people who want to bask under a starlit sky far from any light pollution.

Oman, South Korea explore areas of technical, industrial avenues

Muscat: The State Council Chairman, Dr. Yahya bin Mahfoudh Al Mantheri received Ahn Gyu-Back, Chairman of the National Defence Committee from the Democratic Party of Korea in the Korean National Assembly and his accompanying delegation on Tuesday as part of his current official visit to the Sultanate.

Royal Decree establishes new credit rating agency in Oman

Muscat: Oman will now have a body that will be in charge of rating individual credit history, according to a new Royal Decree. This means that all information related to a person or company’s loans, delays and defaults will be in one place.

Expat management roles targeted for Omanisation

Muscat: Expatriates who work in senior management roles in Oman may be affected by the Ministry of Manpower’s extension of its visa ban on certain occupations in the country, as the Sultanate continues to push its Omanisation policy forward.

Oman’s Foreign Direct Investment crosses OMR 9 billion

Muscat: Oman’s Foreign Direct Investment rose to OMR 9,736,900,000 in the second quarter of 2018. According to a report by the Public Authority for Investment Promotion and Export Development (Ithraa), the foreign direct investment in Oman crossed OMR 9 billion in the second quarter of 2018.

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