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Al-Jadaan: Saudi Arabia has no intention to impose income tax on individuals
Finance Minister Mohammed Al-Jadaan announced that Saudi Arabia has no intention to impose income tax on individuals. “There is absolutely no intention in Saudi Arabia to impose income tax on […]
Knowledge Economic City inks contract with consortium of 3 companies
The Knowledge Economic City has signed a contract with a consortium of three companies in order to build a chilled water district cooling plant, where the consortium’s services would be […]
Asyad Group commences operations at Asyad Container Terminal at Duqm Port
Asyad Group, the integrated global logistics group of the Sultanate of Oman, has started operations at Asyad Container Terminal – Duqm, which will be managed and operated by the group’s […]
Saudi’s MEWA launches Algae & Aquaculture project phase II at KAUST
The Saudi Arabia’s Minister of Environment, Water, and Agriculture (MEWA), Mr. Abdulrahman Abdulmohsen Alfadley has sponsored the signing of a strategic partnership agreement in research, development, and innovation between the […]
Saudi Arabia welcomed 156% more tourists in 2023 than in 2029: UNWTO
The Kingdom of Saudi Arabia (KSA) has welcomed 156 percent more tourists in 2023 compared to 2019, an achievement attributed to the global recovery in the field of tourism, according […]
Oman signs $88m industrial projects in plastics sector
The agreements focus on promoting Omani goods and services or those provided by locally registered suppliers OQ Refineries and Petrochemical Industries has signed nine investment agreements worth $88 million to […]
PDO inaugurates Greater Saqr Gathering Station
The official inauguration of the Greater Saqr Gathering Station by Petroleum Development Oman (PDO) took place at the Oman Convention and Exhibition Centre (OCEC) on Wednesday, January 17, 2024. The […]
Investment in Oman’s special economic zones and industrial cities exceeds to over $43bln
Muscat: The total investment in Oman’s special economic zones and industrial cities had surpassed OMR16.6 billion by June 2023. The investment was distributed among the zones managed by the Public Authority […]
Oman industrial projects key to diversification goals
Ambitions to diversify away from oil revenues will influence construction and manufacturing investments in Oman’s industrial projects pipeline in 2023. Foreign direct investments (FDIs) in Oman totaled 18.1 billion Omani […]