Omani

Omani authority injects $63.9m into 244 SMEs across different sectors

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RIYADH: Global economic volatility alongside emerging technologies has not deterred business confidence among CEOs in the Middle East, a recent report revealed. The CEO Global Insights Study for 2024 by Arthur D. Little, survey almost with 300 CEOs from across the world, and discovered positivity from leaders in the region. The report revealed that 61 percent of CEOs in the Middle East are optimistic about economic growth in … Read more

Omani bank Sohar International receives SAMA approval for Saudi expansion 

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Saudi Arabia’s industrial sector set to thrive on innovative production principles RIYADH: Saudi Arabia is looking to adopt pioneering manufacturing techniques as it seeks to turn its industrial sector into a key driver of growth, according to a top analyst. Karim Shariff, Middle East head of advanced manufacturing services practice at Bain & Co., told Arab … Read more

Joint Saudi, Omani stamp issued

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RIYADH: Saudi Post and Oman Post have issued a joint commemorative stamp to mark the inauguration of the new road that connects the two countries. The stamp highlights their strong bilateral relations, and contains a picture of Saudi King Salman and Omani Sultan Haitham bin Tarik.