At an invitation received from the House of Lords, H E Dr Yahya bin Mahfoudh al Mantheri, Chairman of the State Council, will pay an official visit to the UK on Monday.
More tax in the Middle East: Oman joins Saudi and Qatar in introducing tax on energy and soft drinks
Similar to Qatar, it has added pork meat into the list of items to be taxed. The tax rate for tobacco, pork, alcoholic beverages and energy drinks is set at 100% while that of soft drinks is 50%, according to an announcement by Oman’s Secretariat General for Taxation (SGT).
RO50 note having new features issued
The Central Bank of Oman (CBO) has introduced new RO50 note comprising additional security features with effect from Sunday. The new note will be in circulation as legal tender along with the existing note.
OMR29mn project to come up at Duqm
Muscat: The establishment of the International Marine Product Company for the project of canned tuna and sardines with Omani-Gulf joint investment was disclosed in the meeting of the founding committee of the project under the chair of Dr Rashid bin Salim Al Masroori, Chairman of the Committee.
Eid holidays announced in Oman
Muscat: The Eid holidays for the private and government sectors in Oman have been announced by the Oman News Agency. The private sector will receive three days of holiday from Tuesday, 4 June 2019, to Thursday, 6 June 2019.
Sultanate, UK sign partnership agreement
Oman and the United Kingdom of Great Britain and Northern Ireland on Wednesday signed cooperation and partnership agreement to develop bilateral relations in various political, economic, scientific, cultural, development and technological spheres.
Chinese officials look at boosting economic ties
This was highlighted in statement released by the Public Authority for Investment Promotion and Export Development (Ithraa).
MoAF invites Omani firms to establish commercial aquaculture projects
In an important development for the sultanate’s aquaculture sector, the Ministry of Agriculture and Fisheries (MoAF) has called on Omani companies and institutions to establish commercial aquaculture projects.
HM issues four Royal Decrees
Royal Decree 43/2019 on the appointment of a Secretary General for the Ministry of Finance. Article 1 appoints Nasser bin Khamis bin Ali al Jashmi as Secretary General for the Ministry of Finance with a Minister’s grade.
Ministry signs deal to boost fingerling production in Oman
Muscat: The Ministry of Agriculture and Fisheries yesterday signed an agreement with the Blue Water Company to allow the company to benefit from the techniques and facilities available at the Aquaculture Centre in Al Bustan to be a temporary fingerlings hatchery for the company.