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Military troops from Oman and the U.S are holding joint exercises codenamed “Valley of Fire 2021” aiming at maintaining preparedness and high combat ability, reports say. The drill involves the sultanate’s paratroopers, Armored Division and Artillery, the royal Air Force Read more
Oman is planning to launch a light metro network linking the cities of Ruwi and Muttrah to the airport and Seeb, reports say. The project, Trade Arabia reports citing local media Times of Oman, will be one of the main Read more
Oman’s ruler Sultan Haitham bin Tariq Al Said landed Sunday in Saudi Arabia for his first trip abroad since ascending to the throne last year, as both countries beef up their economic ties. The Omani ruler held talks with King Read more
UAE is the world’s second safest country in 2021 Global Finance Magazine has reported. The index which takes into account three fundamental factors – war and peace, personal security, and natural disaster risk, hails the Gulf country’s efforts to curb Read more
Saudi Arabia is mulling plans to develop an industrial plan in Oman as part of the kingdom’s investment projects in the sultanate. The plans for the future industrial zone, state-run news agency SPA notes, emerged from the framework of a Read more
Qatar’s private lender, Commercial Bank (COMB.QA), Thursday said it offered to buy an additional 15.2% stake in National Bank of Oman (NBOB.OM) for $128 million, Reuters reports. If the offer comes into fruition, the bank will become the largest shareholder Read more
Omani security forces Sunday dispersed and arrested a number of citizens protesting against job layoff and hard economic conditions, in the first major unrest since the ascendance to the throne of incumbent Sultan Haitham bin Tariq in January 2020. Protests Read more
Oman has announced it will no longer accept resignation requests from the country’s health workers as cases of covid-19 are on the increase mode. “In view of the current conditions of the corona pandemic, and what the indicators show of Read more
Qatar will host in the December this year FIFA Arab Cup, a tournament grouping Arab countries in the Middle East and North Africa, in preparation for the FIFA World Cup which the country is set to stage next year. The Read more
Oman has begun implementation of the Value Added Tax (VAT) from today April 16 with the expectation to raise bout RO 400 million (over $560 million) annually, Zawya reports. The sultanate officials have indicated that all necessary preparations and requirements Read more