• Oman to embrace VAT next year

    • Oman to implement five per cent value-added tax (VAT) from first quarter of next year, said an Omani minister. “VAT is something people don’t like it but this is something we have been lobbying for. It will come into effect…

    • January 29, 2020
    • Bank Muscat to Offer Corporate Internet Banking Solution

    • The flagship financial services provider in the Sultanate Bank Muscat and Al Ramooz Group have signed an agreement to provide Corporate Internet Banking platform. The agreement was signed between Tariq Atiq, DGM Transaction & Public Sector Banking, Bank Muscat and…

    • November 18, 2019
    • Sultanate of Oman to Launch First Integrated Land Port

    • To establish the first integrated land port in the Sultanate of Oman an agreement has been signed. Khazaen Economic City (KEC) signed an investment agreement with a number of leading logistics companies to function and manage the dry port in…

    • Muzn inks with Administrative Affairs Council for the Judiciary

    • National Bank of Oman’s Islamic Banking window, Muzn, and Oman’s Administrative Affairs Council for the Judiciary signed a Memorandum of Understanding (MoU) for the provision of Shari’a-compliant banking services. As per the exclusive agreement, Muzn will become the only banking…

    • November 14, 2019
    • Sur Industrial City Organised 2 days exhibition ‘Made in Oman

    • Made in Oman exhibition started on monday at Sur City Walk under the auspices of Dr Rasheed bin Al Safi Al Huraibi, chairman of the Tender Board. This exhibition is Organised by the Public Establishment for Industrial Estates, Madayn, represented…

    • November 13, 2019
    • Temporary Work visa Ban for Expats in Oman

    • Oman’s ministry of manpower has announced a temporary ban on visa issuance to private sector establishments in the construction and cleaning work sector. Ban will span for six months. “The authorisation for the recruitment of non-Omani manpower in private sector…

    • Industries in Oman To Submit Data Electronically

    • Oman Ministry urges industries to submit data electronically. Those industrial establishments that don’t fill in the online survey forms will have to contact the Ministry of Commerce and explain their reason from Tuesday onwards. The ministry invited industries that have…

    • November 11, 2019