author - oman observer

The introduction of a personal income tax targeting high earners, as recently proposed by the Ministry of Finance, represents not only a pragmatic fiscal policy but also a moral imperative in the...

MUSCAT: The Ministry of Finance has launched a robust package of initiatives aimed at strengthening Oman’s private sector, empowering small and medium enterprises (SMEs), and advancing sustainable...

MUSCAT: Oman has earmarked a sizable investment budget of $11.5 billion (RO 4.44 billion) towards key sectors of the economy in 2025, signaling a commitment to economic diversification and long-term...

MUSCAT: In the heart of Oman’s economic diversification efforts, the Muscat Stock Exchange (MSX) has emerged as a key player in reducing the country’s reliance on oil revenues. With significant...

Muscat, Jan 2Oman’s General Budget for the Fiscal Year 2025 underscores the government’s commitment to economic sustainability, fiscal prudence, and development in alignment with the financial...

MUSCAT: Education remains a cornerstone of Oman’s Vision 2040, and the 2025 State Budget reflects the government’s unwavering commitment to nurturing a knowledgeable and skilled generation.One of...

MUSCAT: The 2025 General Budget is set to play a pivotal role in Oman’s economic and social development journey, with the government allocating significant resources to support critical sectors that...

Education remains a cornerstone of Oman’s Vision 2040, and the 2025 state budget reflects the government’s unwavering commitment to nurturing a knowledgeable and skilled generation. By allocating...

Muscat – The Sultanate of Oman has effectively utilized its additional revenue for 2024 to prioritize social spending and reduce public debt, according to preliminary results released by the...

Muscat: The Ministry of Finance has announced Oman’s general budget for the fiscal year 2025, unveiling a strategic plan aimed at achieving sustainable economic growth while prioritizing social...

MUSCAT: In a move to strengthen fiscal discipline and streamline the management of financial commitments, the Ministry of Finance has issued Circular No (5/2024), detailing a comprehensive framework...

MUSCAT: The Ministry of Commerce, Industry and Investment Promotion organised the Sanad Service Centres Forum & Exhibition, titled ‘Empowerment and Sustainable Growth’, at the JW Marriott Hotel in...

MUSCAT: The Board of Directors of A’Saffa Foods SAOG has announced an ambitious expansion plan to significantly increase its broiler chicken production capacity. The plan will see production grow...

Muscat: The Authority for Public Services Regulation (APSR) has published electricity tariffs applicable to residential and large non-residential customers, as well as electricity connection and...

Muscat: In a bid to provide continued financial relief to citizens affected by job losses, the Central Bank of Oman (CBO) has extended its loan deferment programme until December 2025. The scheme,...

Elon Musk, a global icon of innovation, has extended his influence beyond electric vehicles and space exploration to redefining the future of artificial intelligence (AI) through his company, xAI....

MUSCAT: Oman’s energy sector continues to evolve as a cornerstone of the nation’s economic strategy, reflecting resilience, adaptability, and a forward-looking vision. The latest report from the...

Dec 22, 2024, MUSCAT: Oman has achieved remarkable economic transformation in 2024, establishing itself as a hub for investment and fiscal sustainability. Guided by Oman Vision 2040, the Sultanate of...

Oman is making bold moves to secure its place as a leader in renewable energy. With the recent announcement by Nama Power and Water Company to develop an additional four major solar energy projects,...

MUSCAT, DEC 18The Oman Chamber of Commerce and Industry (OCCI), in collaboration with the Ministry of Transport, Communications and Information Technology, hosted the first CEOs meeting for startups...