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Saturday, January 04, 2025 | Rajab 3, 1446 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI
Economy

Oman targets PPP-based health and education projects in 2025

MUSCAT: The Ministry of Finance, which oversees the procurement of all projects conceived under the Oman government’s Public Private Partnership (PPP) programme, says it plans to press ahead with the delivery of a...

Blueprint of the Oman Business Gateway, one of several PPP-based projects planned for delivery in 2025

Oman earmarks $11.5 billion budget towards key sectors

OIA and its subsidiaries have pledged to invest $4.7 billion across their expansion portfolios.

2025 Budget to fund 22 new government schools

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2025 budget allocates RO 1.5 bn for subsidy support

Public services are being made available to low-income segments at subsidized tariffs

China manufacturing sector growth softens in December

A worker wearing a face mask works on a production line manufacturing bicycle steel rim at a factory in Hangzhou, Zhejiang. — Reuters

UK house prices ended 2024 on a strong footing, building society says

House prices increased by 4.7% annually in December, accelerating from 3.7% in November— dpa

Indonesia's palm oil B40 delay causes market uncertainties

The Indonesian government pledged to mandate a 40% mix of palm oil-based fuel in biodiesel from Jan. 1, known as B40, up from the current 35% blend. — Reuters

Income Tax will be imposed only when conditions are suitable

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Focus on education for a brighter future

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Additional revenue in 2024 utilised for social spending, debt reduction

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Oman Budget 2025 focuses on sustainability, social welfare

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New guidelines for govt contracts

The circular outlines a series of measures aimed at curbing financial mismanagement and fostering better control over contractual and financial practices across all government ministries and units.

Korea-Oman JV inks green ammonia production pact

High-level executives of Korea’s LUPRO Inc and Oman’s Bait Muscat for Development and Investment at the recent agreement signing.

Wall St edges up as AI boom, rate cuts power bull run in 2024

A street sign for Wall Street is seen outside the New York Stock Exchange in Manhattan, New York City. — Reuters

Bitcoin more than doubles in 2024

Representation of the bitcoin cryptocurrency and a price chart are seen in this illustration. — Reuters

Major boost for 913-strong Sanad Services national network

The two-day Sanad Service Centres Forum aims to support the development of Sanad Service Centres.
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