Daily Archives: September 8, 2018

Deem Village in Dhalkut Enjoys Beautiful Views Overlooking Arabian Sea

Dhalkut, During Khareef (monsoon season), the clouds are formed on the Sarfeet Mountains overlooking the village of ”Deem” in the Wilayat of Dhalkut in the Governorate of Dhofar. The mountains are covered with mist creating a fascinating view that attracts …

Sultanate Producer Price-Based Inflation Rises

Muscat, The Sultanate’s producer price index (PPI)-based inflation rose by 17.7 percent in the second quarter of 2018, over the same period of last year, mainly driven by a surge in oil and gas prices by 20.6 percent and non-oil …

This Week’s Economic Bulletin..

Credit Extended by Banking Sector Grows by 6 Percent till June 2018

Muscat, The several regulatory amendments issued recently by the Central Bank of Oman (CBO) enabled more space for banks to extend credit for stimulating economic activities in the …

Above 2200 Exemptions Permits for GCC Countries

Muscat, Eng. Saud bin Said al- Jabri, Acting Head of Industrial Follow up and Surveillance at the Directorate General of Industry in the Ministry of Commerce and Industry said that the number of industrial transactions cleared through “Bayan” system for …

The Sultanate, China Mark Diplomatic Relations 40th Anniversary

Muscat, The Omani-Sino relations have been characterized by a depth and history spanning several centuries. Chinese documents have estimated them for about 2,000 years. While Omanis were the first to reach the shores of China, Omani-Sino relations were always based …

OABC to Organise VAT Seminar for Companies

Muscat, The Oman-American Business Center (OABC), in cooperation with Ernst & Young, will organise after tomorrow (Monday) a seminar on the Value Added Tax (VAT) and the latest amendments to the tax law targeting companies.

The seminar aims to increase …