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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
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
The ban additionally applies to the import of poultry meat and non-heat handled merchandise
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’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
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 rose for a fourth day on Wednesday as expectations that the US government will enact
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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
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
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 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
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 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
Lower-income Saudi households would be fully compensated for
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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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