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- QIIG wins 'Takaful Insurance Company of the Year' award
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- Omani-Saudi Coordination Committee in Trade, Industry and Economy meets
- Asyad unveils logistics projects to support hydrogen economy
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- Prada Group acquires Versace in a $1.37 billion deal
18/09/2025 04:38 AST
The Central Bank of Oman (CBO) reduces the interest rate on its repurchase operations with local banks by 25 basis points (0.25 percent) starting Thursday, to 4.75 percent.
The statement issued by the Central Bank of Oman clarified that this comes in line with the monetary policy of the Central Bank of Oman, which aims to maintain a fixed exchange rate for the Omani riyal and is consistent with the structure and nature of the Omani economy.
This change also includes a number of advantages for the Sultanate of Oman, including, but not limited to the stability of the national currency, avoiding unusual cross-border capital movements, and enhancing investor confidence by eliminating the risk of exchange rate fluctuations.
This change is expected to contribute to boosting economic activity in the country by lowering financing costs, thereby increasing investment volume and supporting consumption resulting from increased lending.
ONA
03/12/2025
Asyad Group has unveiled a series of forward-looking projects aimed at enhancing the readiness of Oman's national logistics infrastructure to support the green hydrogen economy.
The announce
Muscat Daily
04/11/2025
Asyad Group, the global integrated logistics provider, is currently taking part at ADIPEC 2025 in Abu Dhabi, being held during 3-6 November. The Group showcases a comprehensive model of its logistics
ONA
29/09/2025
Asyad Shipping Company, a subsidiary of Asyad Group, on Sunday announced a strategic investment in the purchase of three Newcastlemax dry bulk carriers as part of its growth strategy.
The a
Muscat Daily
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03/12/2025
The periodic meeting of the Coordination Committee in the fields of Trade, Industry and Economy, stemming from the Omani-Saudi Coordination Council, held a meeting in Riyadh, Kingdom of Saudi Arabia,
Times of Oman
03/12/2025
QatarEnergy LNG is preparing for the startup of major new facilities as 2026 ushers in, according to its top official.
Looking at the future, 2026 will be a "landmark" year as QatarEnergy LN
Gulf Times
03/12/2025
Saudi Arabia and the US, along with several companies and institutions from both nations, signed a series of agreements and memoranda of understanding during Crown Prince Mohammed bin Salman's visit
Arab News
03/12/2025
Siemens Saudi Arabia expects annual growth in its operations to exceed 15 percent, driven by ongoing industrial and infrastructure expansion in the Kingdom as well as preparations for the 2034 World
Arab News
03/12/2025
The Arab region's economy is forecast to expand to $4 trillion in 2026, rising 5.6 percent from the previous year as 19 countries contribute to the growth, a new assessment showed.
Accordin
Arab News
Financial Information Co.
Saudi Arabia