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January 12, 2025
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Business Oman

Oman levies 15% tax on multinationals

Effective January 1, 2025 Oman—the oldest independent state in the Arab world—introduced a minimum top-up tax (DMTT) of 15% on multinational companies effective January 1, 2025, following a royal decree issued by Sultan Haitham bin Tariq. The tax applies to multinationals with consolidated
NEWS DESK

Danube Home launches new Milano tile series in Oman

Danube Home, the region’s leading home furnishing solution provider, has announced its newest collection of tiles under its Milano brand. The latest selection has been developed in tune with current market demands, especially for contemporary designs that showcase Italian craftsmanship, adding a touch of opulence to living spaces. Milano is an Italian brand by Danube […]
Business Tech

Oman acquires a stake in Elon Musk’s xAI

As the nation ups its digital strategy Oman Investment Authority (OIA), the sovereign wealth fund of the Arabian Gulf country, has taken an undisclosed stake in Elon Musk’s artificial intelligence (AI) company, xAI. This is the latest in a series of high-profile partnerships with the American billionaire entrepreneur. Musk founded xAI to develop advanced AI […]
NEWS DESK

UAE’s ‘Wisdom Veterinary’ Secures Exclusive Distribution of Ireland’s ‘GH Agri Animal Healthcare’ for UAE and Oman

Wisdom Veterinary Medicines LLC, a leading veterinary products distribution company and part of ARMS Group, today announced an exclusive distribution agreement with Ireland based GH Agri Animal Healthcare for the distribution of animal medicines, supplements and livestock healthcare solutions in the UAE and Oman. The agreement was signed between Dr. Kevin McHugh, Chief
Oman Space

Oman launches an AI-enhanced satellite

Marking a new era in space exploration Oman has officially entered the space race by launching its first AI-powered satellite, OL-1. CAS Space, a Chinese spaceflight company, launched the satellite from the Gobi Desert on November 18, 2024. It is equipped with advanced remote sensing and Earth observation technologies, all enhanced by artificial intelligence (AI). […]
Oman Tech

Equinix launches carrier-neutral data centre in Salalah, Oman

In partnership with Omantel Equinix, the largest global data centre and colocation provider for enterprise networks and cloud computing, has launched SN1, its new state-of-the-art data carrier-neutral centre, in Salalah, Oman. Salalah is a coastal city strategically positioned at the crossroads of Asia, Europe, Africa, and Australia. The new facility, built in cooperation
Automotive Oman

EV ownership surges 300% in Oman in one year

The Sultanate of Oman has recorded an unprecedented 300% rise in electric vehicle (EV) ownership in 2024, with registered EVs climbing from 550 in 2023 to 1,500 this year. Khamis bin Mohammed Al Shamakhi, Undersecretary of Oman’s Ministry of Transport, Communications and Information Technology for Transport, announced this significant milestone during the Second Green
NEWS DESK

Amadeus, in association with Vistara, conclude successful promotion with travel partners in Oman

Amadeus, a global leader in travel technology, in association with Vistara, India’s finest full-service carrier and a joint venture of the Tata group and Singapore Airlines, successfully collaborated for a joint promotion to support the travel industry during the typically slow period last Ramadan which boosted travel bookings, saw an overwhelming positive response from
Bahrain GCC Kuwait Oman Qatar Saudi Arabia UAE

How GCC residents can apply for e-visa for 6 GCC countries

Complete guide to follow The six Gulf Cooperation Council (GCC) countries—Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE)—offer GCC-based residents a unified tourist visa/permit to streamline visa processes and enhance regional travel. This is a comprehensive guide for GCC-based residents to navigate the e-visa processes for all six GCC
NEWS DESK

DAR GLOBAL SETS A NEW BENCHMARK IN LUXURY HOSPITALITY

Introducing a paradigm shift in opulent living and hospitality, Dar Global, the luxury international real estate developer, launches The Trump International Resort, Golf Club & Residences at its stunning AIDA project, Oman, one of the largest premium mixed-use real estate developments in the world. Encompassing a luxury hotel, hanging suites, furnished villas and
NEWS DESK

DAR GLOBAL AWARDS OMR 9.3 MILLION INFRASTRUCTURE CONTRACT TO OMAN SHAPOORJI COMPANY LLC FOR AIDA PHASE 1

Dar Global, the London-listed luxury international real estate developer, is pleased to announce the awarding of the infrastructure contract for the first phase of AIDA, a landmark urban development in Oman. This milestone underscores Dar Global’s vision to create a world-class real estate marvel in Oman, working with best-in-class partners to deliver unmatched
GCC Oman Travel

6 Of The Best Places To Visit In Musandam

Oman’s ‘Norway Of Arabia’ Tucked away in the northernmost tip of the Arabian Peninsula, amidst the dazzling deep blue waters of the Strait of Hormuz, lies Musandam, a pristine cape in the Sultanate of Oman that offers visitors various natural and cultural attractions. Aptly nicknamed the “Norway of Arabia” for its striking landscapes, this rugged […]
NEWS DESK

Radisson Hotel Group welcomes the Radisson brand to Oman with the opening of Radisson Hotel Muscat Panorama

Radisson Hotel Group is thrilled to announce the opening of Radisson Hotel Muscat Panorama, a stunning new addition in the vibrant heart of Muscat. This inaugural Radisson-branded hotel in Oman features 165 elegantly appointed rooms and suites, offering an elevated experience for business and leisure travelers. Muscat, the capital of Oman, is known for its […]