Oman

Muscat: Preliminary results indicated that the state's general budget for the fiscal year 2022 witnessed remarkable positive development. The financial...

Muscat: The estimated deficit in the 2023 budget is expected to reach about OMR1.3 billion, which means 13 percent of total revenues and 3 percent of GDP.It...

Muscat: The approved budget for 2023 allocated sum of OMR900 million for development projects, distributed as follows: 6.7 percent for the commodity...

Muscat: The estimate also comprises financial control procedures and the outcome of government departments’ initiatives to cut down public spending. The...

Muscat: The current revenues in State Budget 2023 are estimated at about OMR3.280 billion. Of these, revenues from value-added tax (VAT) and excise tax are...

Muscat: The Ministry of Finance has affirmed that the average price of oil per barrel was calculated at $55 in the State Budget for fiscal year 2023. The...

Muscat: The Foreign Ministry expressed the Sultanate of Oman’s condolences to families of victims and the people of the Arab Republic of Egypt on the...

Muscat: The Governors and Heads of Municipal Councils took the oath in front of the Minister of Interior on Sunday, January 1, 2023.

Muscat: The Royal Opera House Muscat will present Gaetano Donizetti’s beloved opera, L’Elisird’Amore performed by the Orchestra and Chorus of Teatro...

Muscat: His Majesty Sultan Haitham bin Tarik today issued Royal decree No. (1/2023) on the ratification of the State’s General Budget for the Fiscal...