The first phase of the project is due to be completed in 2020
Omantel took a 56.8 per cent stake in the diversified operator in 2008
Oman’s fiscal consolidation could take longer than expected, says rating agency
The MoU could see Kuwait Petroleum takeover from IPIC as a joint venture partner in the project
Companies in the country have recently been reducing or retracting health cover due to tougher economic conditions
New fees are also being brought in for domestic workers, camel herders and farm workers
Mall of Oman is expected to open in 2020
The deal is part of a drive by Oman to use its sovereign fund assets to help diversify the economy beyond oil
New rules prevent expats from obtaining a street vending licence
The carrier previously flew between the two cities via Abu Dhabi
Proposals are expected to include an amendment or removal of the requirement for no objection certificates
The government posted a budget deficit of OMR4.02bn in the first seven months of 2016
Chief financial officer Jorgen Latte has been appointed as acting CEO
Oman worked with Yemeni authorities in Sanaa to secure the Americans’ release
The measure is initially expected to affect 10,000 consumers
Expats in the country currently need their employer’s permission to move to another company
The company is expected to raise the financing early next year
Limits are being placed on unskilled Bangladeshi workers, according to reports
The three were described as exceeding the limits of free speech
More than 150 workers have been left in labour camps without salaries
The naming of the strategic waterway is disputed by Iran and the Arab states
The country’s tobacco tax has been doubled
The sultanate is seeking to diversify away from oil after posting a sizeable budget deficit in the first half
Female professionals in Oman are not being granted work visas in some sectors, according to reports
Route launch pushed back due to safety concerns
Sheikh Said Al Kiyumi has said the current policy is incompatible with government strategy
The attraction will reopen to the public from September 5
Tougher market conditions are making many firms seek savings on insurance costs
The deal is expected to close in early fourth quarter of 2016
Omran aims to boost tourism development in the country