Oman Introduces Amendments to Real Estate Service Fees to Boost Investment and Efficiency

Oman Introduces Amendments to Real Estate Service Fees to Boost Investment and Efficiency

In a pass aimed at improving the real property quarter in Oman, the Ministry of Housing and Urban Planning has introduced sizable amendments to provider fees for real estate transactions. The adjustments are designed to reduce charges for beneficiaries, enhance transparency, and create a greater favorable environment for investment. The new reforms, which cover 85…

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Oman’s Economic Performance and Outlook: Key Insights from IMF’s 2024 Article IV Consultation Report

Oman’s Economic Performance and Outlook: Key Insights from IMF’s 2024 Article IV Consultation Report

The Sultanate of Oman these days acquired positive comments from the International Monetary Fund (IMF) with the approval of its 2024 Article IV Consultation Report. This file, which accompanied a sequence of meetings among IMF specialists and over 20 authorities and personal region entities, outlines the cutting-edge nation of Oman’s financial system, economic fitness, and…

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Kuwait's New Traffic Law: Tougher Penalties and Fines to Improve Road Safety

Kuwait’s New Traffic Law: Tougher Penalties and Fines to Improve Road Safety

Kuwait’s Ministry of Interior currently introduced widespread updates to its visitors laws, so as to come into effect on April 22, 2025. Published within the legitimate gazette Kuwait Al-Youm, the new site visitors legislation introduces tougher consequences for quite a number offenses, with a particular awareness on critical violations. The regulation, which replaces a 48-year-old…

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Oman and Singapore Celebrate forty Years of Diplomatic Relations, Discuss Future Cooperation

Oman and Singapore Celebrate forty Years of Diplomatic Relations, Discuss Future Cooperation

On Monday, Qais Mohammed Al Yousef, Oman’s Minister of Commerce, Industry, and Investment Promotion, met with Dr. Mohamed Maliki Osman, Minister within the Prime Minister’s Office of Singapore. The assembly, held in Oman’s capital, Muscat, emerge as part of the celebrations marking the fortieth anniversary of the popularity quo of diplomatic members of the own…

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Kuwait Oil Company Announces Significant Hydrocarbon Discovery in Al-Julaia Field

Kuwait Oil Company Announces Significant Hydrocarbon Discovery in Al-Julaia Field

In a main development for the energy region, Kuwait Oil Company (KOC) has announced the invention of business volumes of hydrocarbons within the Al-Julaia field, located within Kuwait’s territorial waters. This discovery, unveiled on Monday, further strengthens Kuwait’s role as one of the main oil and gasoline producers inside the Middle East. The assertion highlights…

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The tenth GCC Sports Tournament Kicks Off in Oman to Foster Unity and Cooperation

The tenth GCC Sports Tournament Kicks Off in Oman to Foster Unity and Cooperation

The tenth edition of the Sports Tournament for GCC Universities and Higher Education Institutions become officially inaugurated on Sunday by using His Highness Sayyid Theyazin bin Haitham Al Said, Minister of Culture, Sports, and Youth, at Sultan Qaboos University’s Cultural Centre in Muscat, Oman. This prestigious event brings together pupil athletes from universities throughout the…

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Ceasefire in Gaza Brings Relief Amid Destruction and Tensions

Ceasefire in Gaza Brings Relief Amid Destruction and Tensions

On Sunday, Palestinians poured into the streets of Gaza to rejoice the lengthy-awaited ceasefire that halted excessive preventing between Hamas and Israel. The ceasefire, which marked a full-size shift within the 15-month-long struggle, has added a delicate experience of relief to a vicinity devastated through bombings, displacement, and lack of lifestyles. Celebrations erupted in Gaza…

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Muscat Hosts Grand Maritime Parade to Celebrate Sultan Haitham bin Tarik’s Accession Anniversary

Muscat Hosts Grand Maritime Parade to Celebrate Sultan Haitham bin Tarik’s Accession Anniversary

Muscat Governorate currently marked a considerable milestone within the nation’s history via celebrating the anniversary of His Majesty Sultan Haitham bin Tarik’s accession to the throne. The occasion, which featured a grand maritime parade, highlighted the team spirit and pleasure of the Omani human beings, while showcasing Muscat’s natural beauty and urban improvement. The parade,…

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