#Oman

Lower GCC growth amid oil cuts, says Oxford Economics

GDP growth for Saudi Arabia in 2024 is expected to top 2.1 per cent, while growth in the UAE is set to reach 4.4 per cent

UAE oman - rain - wet weather

UAE, Oman issue alerts for heavy rain and thunderstorms

Authorities in the UAE and Oman have issued a severe weather warning for Saturday, March 9

Oman to invest $31bn in tourism sector by 2040. Getty Images by Emran Omar

Oman to invest $31bn in tourism sector by 2040

In 2023, Oman received four million visitors, up from 2.9 million in 2022, a year-on-year rise of almost 38 per cent

UAE WEATHER ALERT - NCM

Weather: Low pressure system to bring rainy, windy conditions to Oman and the UAE

The NCM has forecast overcast conditions along with intermittent rain showers due to a developing weather system in the seas

OMAN - WEATHER - RAIN - ALERT

Oman weather alert: Holiday announced for employees, schools due to heavy rain

The anticipated heavy rainfall has raised concerns for localised flooding in low-lying areas

Oman unveils fund to boost investments

Oman sets up OMR2bn fund to oversee government investments

The fund offers funding and investment solutions to various investor categories including private sector organisations, SMEs, foreign investors, and startups

Illegal e-cigarette sales: Oman announces new fines

The Sultanate of Oman has reiterated that traders who illegally sell e-cigarettes could face more stringent fines

Oman unveils sustainable finance framework

Oman sets up sustainable finance framework in green push

The Sultanate plans to issue sustainable finance instruments whose proceeds will be used to fund and re-finance renewable energy projects

Oman holiday

Oman declares holiday for public and private workers on Jan 11

Workers in Oman will get a long weekend as January 11 is celebrated as Accession Day of Sultan Haitham bin Tarik

Oman heads into 2024 with projected budget deficit

The Sultanate of Oman is expecting a budget deficit for the year, after it swinging away from a surplus during 2023

How REITS are unlocking the potential of UAE real estate

How REITs are unlocking the potential of UAE real estate

REITs in the UAE are a crucial component of the real estate investment landscape and provide opportunities for both local and international investors

Masdar

Top marks for GCC nations in digital connectivity index

Countries in the GCC are ranking among the highest in the world when it comes to the state of their digital connectivity in 2023

Etihad Rail

Etihad Rail: 9 amazing facts about this growing network

The UAE’s national rail network has made great strides since the project’s inception in 2016

Oil output freeze by Saudi, Russia to have 'miniscule' impact on oversupply

OPEC+: GCC’s Saudi, UAE, Kuwait and Oman to cut oil outputs

Members of OPEC+ agreed to make additional voluntary outputs in reduction, but the announced cuts were not as deep as expected.

Oman - USGS earthquake map

Oman: 5.3 magnitude earthquake recorded in Dhofar Governorate

The EMC at Sultan Qaboos University said the quake was recorded at a depth of 4 kilometres

Aramex opens advanced cargo delivery centre in Oman

Oman: Aramex opens new advanced courier operation facility

Featuring the latest sorting and processing technology to ensure precision, the new facility is equipped with non-stop CCTV surveillance, improved access control, and strict security protocols

OMAN-TOURISM

Oman’s National Day holiday 2023: Public, private sector gets 4-day weekend

Oman will mark its 53rd National Day with a four-day long weekend but with limited celebratory activities

GCC unified visa

GCC unified tourist visa to be introduced soon: UAE minister confirms date

The new visa will open doors to travellers, granting them access to six countries under a single, unified tourist visa, and foster economic synergy across the GCC

CYCLONE TEJ

Cyclone Tej impact on the UAE: Rains, hail and cloudy weather

The NCM has warned that the UAE would see some effects caused by the tropical storm

A view of Cyclone Tej as it approaches the Oman coast Image courtesy Oman Meteorology

Cyclone Tej: Oman declares two-day holiday in Dhofar, Al Jazar Wilayat

NCEM, in coordination with local authorities, has established 32 shelters in Dhofar Governorate and three in Al Wusta Governorate

Tropical storm advances towards Oman Image Oman Meteorology

Oman braces for impact of tropical cyclone, Tej

Authorities have issued an advisory to the public to prepare for heavy rains expected in the coming days

unified GCC tourist visa

Oman backs unified GCC tourist visa: Ministers set Dec deadline

The meeting saw ministers of the Gulf countries agree to submit their views on a proposed unified GCC tourist visa for the six member states

Mwasalat resumes UAE-Oman bus service Image Mwasalat X

Oman-UAE bus service to resume from Oct 1

The one-way ticket from Muscat to Abu Dhabi will cost OMR11.5

Oman holiday

Oman announces public holiday for Prophet Muhammad’s birthday, sets up 3-day weekend

The resulting holiday sets up a 3-day long weekend for those working in the public and private sector in the country

OQ Gas Networks seeks to raise up to $771m from IPO

Oman’s OQ Gas Networks seeks to raise up to $771m from IPO

The institutional investor tranche represents 40 per cent of the offering while the retail portion accounts for 30 per cent

Oman puts 103 countries on visa-free list Image Getty Images

Oman visa-free entry: Check list to see countries that qualify

Nationals of 103 countries and regions are exempt from entry visas for stays up to 14 days

Oman Data Green City Phoenix Group to set up crypto-mining farm Image Supplied

Oman: Phoenix Group, Green Data City to install $300m crypto-mining farm

UAE-based Phoenix Group is experienced in the development, operation and management of crypto data centres

Oman’s GDP up 4.7% in Q1 2023

Oman’s economy grows 4.7% in Q1, boosted by non-oil activities

The economic growth was boosted by a 4.6 per cent gain in the non-hydrocarbon sector and a 3.5 per cent increase in oil activities.

Oman and Etihad Rail Company and Jindal sign MoU

Oman and Etihad Rail Company, Jindal to set up sustainable logistics solution

An anticipated annual capacity of up to 4 million tonnes of Jindal’s materials and products will be transported via the Oman-UAE rail network

Oman Investment Authority

Saudi Arabia’s PIF to expand investment in Oman

The fund has signed an agreement with Oman Investment Authority aiming to invest in a wide range of asset classes and target industries