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MUSCAT: Conventional commercial banks in Oman posted steady and positive growth between June 2024 and June 2025, reflecting the resilience and stability of the country’s banking sector. The latest data highlights a notable increase in credit balances, investments, and deposits, signaling sustained economic confidence among individuals, businesses, and institutions. This upward trend comes despite the…
MUSCAT: Private sector deposits in Oman’s banking system have shown significant growth, increasing by 6% to reach RO 21.9 billion, according to the latest report from the Central Bank of Oman (CBO). This notable rise reflects growing confidence in the country’s financial sector, supported by stable monetary policies and robust liquidity management. The increase in…
MUSCAT: His Majesty Sultan Haitham bin Tarik personally welcomed His Majesty King Hamad bin Isa Al Khalifa of the Kingdom of Bahrain upon his arrival at the Royal Airport in Salalah, marking the beginning of a private visit to Dhofar Governorate. The reception underscores the strong fraternal ties between the leadership of Oman and Bahrain,…
MUSCAT: The Royal Oman Police (ROP) in Al Wusta Governorate have confirmed the arrest of two Yemeni nationals for illegally entering the Sultanate. The arrests took place in the Wilayat of Duqm following a targeted operation by security forces. According to the authorities, the individuals were intercepted after intelligence reports indicated unauthorized entry through remote…
MUSCAT: Authorities in Oman have successfully intercepted a large consignment of narcotics during a well-coordinated security operation near the Wilayat of Quriyat. Acting on precise intelligence, law enforcement agencies tracked the suspects’ movements and conducted a thorough surveillance mission that culminated in the seizure of a significant quantity of drugs intended for trafficking and consumption….
MUSCAT: The Oman national football team is currently in the final stages of preparation at their training camp in Turkey, ahead of a decisive World Cup qualifying match against Qatar on October 8. Under the guidance of their newly appointed head coach, Carlos Queiroz, the team has focused on tactical refinement, fitness conditioning, and strategic…
MUSCAT: The Royal Oman Police (ROP) in Al Wusta Governorate, in coordination with the Police Special Task Force Unit in Haima, successfully apprehended nine individuals of African nationality for unlawfully entering Oman. The arrests came after a joint operation between local security units and specialized forces, aimed at addressing border security concerns and preventing illegal…
MUSCAT: The Omani rial holds a distinguished position as one of the most powerful and stable currencies in the world. Pegged to the US dollar at a fixed rate, it has maintained its strength for decades, reflecting Oman’s commitment to monetary stability and prudent economic management. This stability is a result of consistent fiscal policies,…
MUSCAT: The country has officially implemented a nationwide ban on plastic bags as part of its ongoing efforts to protect the environment and promote sustainable practices. This decisive move aims to reduce plastic pollution, which has long posed a significant threat to marine life, wildlife, and overall ecosystem health. The ban is also expected to…
MUSCAT: Al Hoota Cave, located in Oman’s Al Hamra region, is estimated to be over 2 million years old, making it one of the most remarkable geological formations in the Arabian Peninsula. The cave system spans several kilometers and features a series of chambers adorned with stalactites, stalagmites, and underground water bodies that have been…
