Oman levies 15% tax on multinationals

Oman—the oldest independent state in the Arab world—introduced a minimum top-up tax (DMTT) of 15% on multinational companies effective January 1, 2025, following a royal decree issued by Sultan Haitham bin Tariq. The tax applies to multinationals with …

Oman opens bids for water taxi service development

Muscat: The Ministry of Transport, Communications, and Information Technology (MTCIT) has announced an investment bid (2025/1) to develop, manage, and operate a water taxi service in the Sultanate of Oman. This initiative aims to improve transportation …

Plans to introduce water taxi service in Oman

MUSCAT: The Ministry of Transport, Communications, and Information Technology (MTCIT) has unveiled plans for a water taxi service aimed at transforming travel along Oman’s waterfront. The ministry has invited the participation of local and international …

Minor earthquakes recorded in Oman; one in Muscat

Muscat: Sultan Qaboos University Earthquake Monitoring Centre (EMC) has reported two recent minor earthquakes in the Sultanate of Oman. A minor tremor with a magnitude of 0.9 on the Richter scale was recorded in the Wilayat of Al Amarat, Muscat. The …

Quadrantids, 1st meteor shower of 2025, to light up Oman skies


MUSCAT: The year 2025 is off to a better start for stargazers as Quadrantids — a natural phenomenon will be lighting up the skies in Oman from January 3 to 4, offering a breathtaking display of shooting stars. The Quadrantids, one of the most dazzling …

Oman’s Al Amerat records minor earthquake

What about the water taxi service in Oman?

Muscat: The Ministry of Transport, Communications, and Information Technology (MTCIT) again revealed plans to introduce a water taxi service in the Sultanate. It has invited the participation of international and local companies and investors specialized …

Oman as Muse for Innovative Perfumery

Oman has long captivated the attention of some of the world’s most innovative perfumers, serving as a vibrant muse for treasured fragrances. As we step into 2025, the growing interest in Oman is set to flourish even further, solidifying the country’s role …

Non-oil sector to buoy Oman’s GDP growth to 3.1% in 2025: OIA

Projections of a 3 per cent growth in Oman’s gross domestic product (GDP) in 2025, as outlined in this year’s State General Budget announcements unveiled on Thursday, attest to the success of government-led measures – fiscal, regulatory and market-driven – …

Oman Budget 2025 focuses on sustainability, social welfare

Muscat: The Ministry of Finance has announced Oman’s general budget for the fiscal year 2025, unveiling a strategic plan aimed at achieving sustainable economic growth while prioritizing social welfare and financial stability. With an estimated revenue of …