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 VAT application in Oman postponed till 2019

VAT application in Oman postponed till 2019

The Ministry of Finance in Oman has postponed the decision to apply the ‘Value-Added Tax&rs

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PDO to deduct 1.2 per cent of contract value to fund job creation

PDO to deduct 1.2 per cent of contract value to fund job creation

Majority government-owned oil and gas producer Petroleum Development Oman (PDO) has revealed that

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UAE bans import of hen, eggs from Saudi Arabia

UAE bans import of hen, eggs from Saudi Arabia

The ban additionally applies to the import of poultry meat and non-heat handled merchandise

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Innovation Park Muscat woos investment in energy R&D

Innovation Park Muscat woos investment in energy R&D

 Innovation Park Muscat (IPM), an ambitious technology-driven R&D hub under development

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Saudi Arabia Freezes More Bank Accounts In Crackdown

Saudi Arabia Freezes More Bank Accounts In Crackdown

Saudi Arabia’s crackdown on alleged corruption showed no signs of letting up, with more peo

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Banks must give more loans to small firms

Banks must give more loans to small firms

A call for penalising banks that do not adhere to the regulation on providing credit to small and

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Gold prices rise after US Senate passes tax bill

Gold prices rise after US Senate passes tax bill

Gold prices rose for a fourth day on Wednesday as expectations that the US government will enact

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Dates products next big focus

Dates products next big focus

The Sultanate is planning big on date palm-related products. Next year, it plans to set up factor

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MoM calls on private sector to submit Omanisation plans for 2018 by Dec 31

MoM calls on private sector to submit Omanisation plans for 2018 by Dec 31

The Ministry of Manpower (MoM) has asked private sector firms to submit their Omanisation plans f

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40,000 Omanis sign up for subsidy

40,000 Omanis sign up for subsidy

ore than 40,000 Omanis have so far registered their names on the National Subsidy System (NSS) we

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India raises import tax on electronic products, move to hurt Apple’s iPhones

India raises import tax on electronic products, move to hurt Apple’s iPhones

India has increased the import tax on dozens of electronic products such as mobile phones and tel

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Gulf states follow US rate rise at risk of hitting borrowing

Gulf states follow US rate rise at risk of hitting borrowing

The Gulf’s dollar-pegged economies have followed a US interest rate hike to maintain the va

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Saudi Arabia To Cut Oil Exports To Asia In January

Saudi Arabia To Cut Oil Exports To Asia In January

Saudi Arabia said on Monday it will trim crude exports to Asian customers in January to help acce

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Saudi to announce launch of household allowance system on Tuesday

Saudi to announce launch of household allowance system on Tuesday

Lower-income Saudi households would be fully compensated for

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McDonald’s Malaysia refutes Israel ties after boycott calls

McDonald’s Malaysia refutes Israel ties after boycott calls

The Malaysian franchise of McDonald’s Corp. said it was “disappointed” with cal

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