Oman’s government | Al Bawaba

Oman’s government latest

Oman recorded a deficit of 21 percent of its GDP in 2016 as the oil price plunged to its lowest level in years. (File photo)

July 25th, 2017 - 09:25 GMT

Oman Slashes Subsidy Bill by 20 Percent, Eyes Further Cuts

Oman’s government has slashed 20 percent from its subsidy bill over the past three years.

Oman is expected to post an OMR 3.3bn ($8.6bn) budget deficit this year due to lower oil revenues. (Scenoplus)

June 1st, 2016 - 11:00 GMT

Oman’s corporate tax hike hopes to boost coffers by $650M

The Khazzan reservoirs have the potential to be a major new supply of gas for Oman. (Shutterstock)

February 15th, 2016 - 07:00 GMT

BP to develop next phase of Oman's Khazzan gas field

Saudi Arabia’s bourse, where petrochemicals account for almost a third of total earnings, took the biggest hit among major markets,

December 1st, 2014 - 03:59 GMT

Panic mode: Gulf stocks 'bleeding'

Asked when Oman was going to decide on potential changes to subsidy levels, Balushi said: “It’s an exercise that is going on, it could be this year, it could be next year.”

May 8th, 2014 - 04:20 GMT

Tick tock: Oman is on the verge of lifting subsidies

Al Bawaba

February 18th, 2014 - 01:23 GMT

Saudization-in Oman?! Well, sort of...

Paul said that while Dubai is the “frontrunner” among developing Middle Eastern property markets, many cities in the region will stand to benefit from its reputation.

December 4th, 2013 - 03:55 GMT

Dubai, you should be jealous: other Mideast property hotspots to keep an eye on

Al Bawaba

October 21st, 2001 - 02:00 GMT

Arab communication markets on the threshold of unprecedented competition

Al Bawaba

May 25th, 2001 - 02:00 GMT

Oman Offers Full Pensions for Early Retirement

Al Bawaba

October 25th, 2000 - 02:00 GMT

German trade mission sets sights on Oman