SOHAR: Sohar International Bank has announced a significant step to support financially distressed customers in Oman by providing debt relief worth RO2.1 million. This initiative comes as part of the bank’s ongoing efforts to provide relief and assistance to its Omani customers who are facing financial challenges. The relief is aimed at easing the financial…
MUSCAT: A new study commissioned by Visa has revealed a significant rise in consumer awareness and proactive security measures regarding digital payments in Oman. This marks a positive trend in the nation’s approach to cybersecurity, as consumers become more cautious and informed about safeguarding their online transactions. The study highlights a growing recognition of the…
MUSCAT: The Financial Services Authority (FSA) has identified significant violations committed by the former board of a company, particularly in relation to internal audit processes and related party transactions. According to the FSA, the board engaged unaccredited entities to conduct certain internal audit works, failing to meet regulatory standards. Furthermore, the board did not ensure…
MOSCOW: The Sultanate of Oman is taking part in the Moscow International Travel and Tourism Exhibition (MITT) from March 18 to 20, with its Ministry of Heritage and Tourism leading the representation. Oman’s participation in this prestigious event highlights the nation’s ongoing efforts to enhance its tourism sector and showcase its rich cultural heritage on…
AL DAKHILIYAH: The Ministry of Heritage and Tourism has reported a notable increase in the number of visitors to heritage and tourism sites in the Governorate of Al Dakhiliyah for 2024. The figures reveal that 415,081 visitors explored the region’s attractions, a significant rise from 312,243 visitors recorded in 2023. This growth reflects the increasing…
MUSCAT: The Sultanate of Oman has made significant strides in modernizing its financial sector with the issuance of two pivotal royal decrees. Royal Decree No (2/2025) focuses on the new banking law, setting the stage for a more dynamic and resilient banking landscape. This decree outlines comprehensive reforms aimed at enhancing financial stability, increasing transparency,…
MUSCAT: His Majesty Sultan Haitham bin Tarik has issued two Royal Decrees, reflecting the Sultanate’s continuous efforts to strengthen governance and legislative frameworks. These decrees are expected to bring significant changes in legal, economic, and administrative policies, aligning with the broader objectives of Oman Vision 2040. Officials emphasize that such decisions play a crucial role…
MUSCAT: His Majesty Sultan Haitham bin Tarik has issued two Royal Decrees, marking a significant step in governance and national policy. These decrees reflect the Sultanate’s commitment to modernization, legal reforms, and administrative restructuring to ensure progress in line with Oman’s Vision 2040. The decrees are expected to impact various sectors, including economic development, legal…
MUSCAT: Cybercriminals are constantly evolving their methods to steal personal information from unsuspecting victims. They employ phishing scams, malware, social engineering, and data breaches to obtain sensitive details. These fraudsters often disguise themselves as legitimate organizations, sending emails or messages that appear authentic to trick individuals into revealing private data. Once they gain access to…
MUSCAT: The Director General of the Dubai Health Authority (DHA) recently paid a visit to a private healthcare facility in the city. The purpose of the visit was to assess the quality of services provided and to ensure that the healthcare standards in the private sector align with the regulations and guidelines set by the…
