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
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 […]
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 […]
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
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). […]
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
Otaxi, a leader in taxi services in Oman and part of ITHCA Group, in cooperation with the Ministry of Transport, Communications and Information Technology (MTCIT) in Oman, announced a strategic partnership with ITHCA Group and global technology leader Yango Group, renowned for its innovative daily services including ride-hailing, cloud technologies, foodtech and Yasmina
The International Code Council (ICC) and the Oman Ministry of Housing and Urban Planning (MoHUP) recently concluded a pivotal series of workshops aimed at refining the draft Oman Building Code. Held from September 9-12, 2024, in Muscat, these workshops brought together a diverse group of stakeholders to provide essential feedback on the proposed code. The […]
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
Muscat Gas is proud to announce its role as the Pavilion Sponsor at the Middle East LPG Expo – Saudi Arabia 2024, the region’s largest and most anticipated LPG Expo and Conference. The event will be held on September 10-11, 2024, at the InterContinental Hotel in Riyadh, Saudi Arabia. Supported by key industry organisations such […]
INFINITI Middle East, a subsidiary of Nissan Middle East, has appointed Al Hashar Automotive, part of Al Hashar Group, as its authorised distributor in Oman. Recently designated as an authorised Nissan distributor, Al Hashar Automotive’s selection for INFINITI underscores their natural fit for expanding the brand’s operations in the Middle East. This partnership aims to
Closet World, one of the leading providers of custom storage solutions in the UAE, announces the opening of its new branch in Muscat, Oman. This expansion marks a significant milestone as the company extends its reach across the Middle East. The new branch in Al Mawaleh square features Closet World’s renowned products, including custom closets, […]
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
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
Amadeus, a global leader in travel technology and Vistara Airlines successfully collaborated on 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 travel partners and resulted in healthy flight loads and increased incremental segments. As part of the
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
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
Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), signed an agreement with National Security Services Group (NSSG), Oman’s leading cybersecurity services provider, to introduce innovative Smart City and IoT solutions across Oman. This collaboration marks a significant milestone in both companies’ efforts to
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 […]
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 […]