Oman – Gulf Business https://gulfbusiness.com Fri, 04 Aug 2023 05:53:42 +0000 en-US hourly 1 https://wordpress.org/?v=6.0.5 https://gulfbusiness.com/wp-content/uploads/2020/07/cropped-gb-new-fevicon-2020-1-32x32.png Oman – Gulf Business https://gulfbusiness.com 32 32 Oman Investment Authority’s assets hit $46.6bn in 2022 https://gulfbusiness.com/oman-investment-authority-oia-assets-hit-46-6bn/ https://gulfbusiness.com/oman-investment-authority-oia-assets-hit-46-6bn/#respond Thu, 03 Aug 2023 18:49:27 +0000 https://gulfbusiness.com/?p=263394 The country's sovereign wealth fund said its return on investment last year touched 8.8 per cent, which allowed it to contribute substantially to support the general budget

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]]> https://gulfbusiness.com/oman-investment-authority-oia-assets-hit-46-6bn/feed/ 0 Saudi Arabia’s PIF to expand investment in Oman https://gulfbusiness.com/pif-and-oman-investment-authority-sign-a-mou/ https://gulfbusiness.com/pif-and-oman-investment-authority-sign-a-mou/#respond Thu, 27 Jul 2023 09:46:58 +0000 https://gulfbusiness.com/?p=262600 The fund has signed an agreement with Oman Investment Authority aiming to invest in a wide range of asset classes and target industries

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]]> https://gulfbusiness.com/pif-and-oman-investment-authority-sign-a-mou/feed/ 0 Oman announces changes to labour law: Highlights https://gulfbusiness.com/oman-announces-changes-to-labour-law-highlights/ https://gulfbusiness.com/oman-announces-changes-to-labour-law-highlights/#respond Wed, 26 Jul 2023 09:22:37 +0000 https://gulfbusiness.com/?p=262464 The changes to Oman's labour law have been brought about to further the country's objectives set out in the Vision 2040 national agenda

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]]> https://gulfbusiness.com/oman-announces-changes-to-labour-law-highlights/feed/ 0 Oman announces holiday dates for Islamic New Year https://gulfbusiness.com/oman-announces-holiday-dates-for-islamic-new-year/ https://gulfbusiness.com/oman-announces-holiday-dates-for-islamic-new-year/#respond Sun, 09 Jul 2023 17:26:59 +0000 https://gulfbusiness.com/?p=260787 The official holiday will apply to those working in both the public and private sectors in Oman

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]]> https://gulfbusiness.com/oman-announces-holiday-dates-for-islamic-new-year/feed/ 0 Oman’s SalamAir to lease three Airbus A330neo aircraft from Avolon https://gulfbusiness.com/salamair-to-lease-three-airbus-a330neo-aircraft/ https://gulfbusiness.com/salamair-to-lease-three-airbus-a330neo-aircraft/#respond Tue, 20 Jun 2023 07:22:34 +0000 https://gulfbusiness.com/?p=258857 The letter of intent was signed during the Paris Air Show, and the initial delivery is scheduled for October 2023

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]]> https://gulfbusiness.com/salamair-to-lease-three-airbus-a330neo-aircraft/feed/ 0 Oman announces dates for Eid Al Adha 2023 https://gulfbusiness.com/oman-announces-dates-for-eid-al-adha-2023/ https://gulfbusiness.com/oman-announces-dates-for-eid-al-adha-2023/#respond Mon, 19 Jun 2023 07:02:14 +0000 https://gulfbusiness.com/?p=258725 The sighting of the crescent signifies the annual Hajj pilgrimage's start on June 26 and Arafat Day will fall on June 27

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]]> https://gulfbusiness.com/oman-announces-dates-for-eid-al-adha-2023/feed/ 0 Oman unveils plans to build Sultan Haitham City https://gulfbusiness.com/oman-unveils-plans-to-build-sultan-haitham-city/ https://gulfbusiness.com/oman-unveils-plans-to-build-sultan-haitham-city/#respond Thu, 01 Jun 2023 09:42:51 +0000 https://gulfbusiness.com/?p=256396 The smart and sustainable city will cover an area of approximately 15 million square metres

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]]> https://gulfbusiness.com/oman-unveils-plans-to-build-sultan-haitham-city/feed/ 0 Oman’s Bank Dhofar, Omnivest submit competing bids for Ahli Bank https://gulfbusiness.com/omans-bank-dhofar-revises-bid-for-ahli-bank/ https://gulfbusiness.com/omans-bank-dhofar-revises-bid-for-ahli-bank/#respond Thu, 18 May 2023 11:06:12 +0000 https://gulfbusiness.com/?p=254554 The revised bid from Oman’s Bank Dhofar comes a day after Omnivest said it would lead a consortium that will make an offer for Ahli Bank

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]]> https://gulfbusiness.com/omans-bank-dhofar-revises-bid-for-ahli-bank/feed/ 0 Oman announces the first day of Eid Al Fitr 2023 https://gulfbusiness.com/oman-announces-the-first-day-of-eid-al-fitr-2023/ https://gulfbusiness.com/oman-announces-the-first-day-of-eid-al-fitr-2023/#respond Thu, 20 Apr 2023 16:21:25 +0000 https://gulfbusiness.com/?p=251732 The decision was made after the moon sighting committee failed to sight the crescent moon of Shawwal on Thursday, April 20

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]]> https://gulfbusiness.com/oman-announces-the-first-day-of-eid-al-fitr-2023/feed/ 0 Magnitude 5.8 earthquake strikes off the coast of Oman https://gulfbusiness.com/earthquake-strikes-off-the-coast-of-oman/ https://gulfbusiness.com/earthquake-strikes-off-the-coast-of-oman/#respond Thu, 13 Apr 2023 07:00:35 +0000 https://gulfbusiness.com/?p=250867 The 5.8 magnitude earthquake in Oman did not affect the UAE nor felt by any residents

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