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UK military says a bulk carrier near Strait of Hormuz reports being attackedA bulk carrier near the Strait of Hormuz reported an attack by small craft. Iran has presented a new proposal to the United States. This pl...- Iran presses for an end to war within 30 days as Trump expresses doubtsIran has presented a new 30-day proposal to the U.S. aiming to end the ongoing conflict, not just extend the ceasefire. The plan includes l...
- US will not allow Iran to impose tolls on Strait of Hormuz: Donald TrumpHormuz toll: US President Donald Trump has firmly stated that Washington will not permit Iran to impose tolls on vessels traversing the vit...
- 'Only reason they are alive is to negotiate': Trump warns Iran as Vance flies to Islamabad for peace talksVice President JD Vance is in Pakistan for crucial talks with Iran. The mission aims to resolve issues surrounding the Strait of Hormuz. Pr...
- 'Will cut off legs of any aggressor invading country': Iran's top wartime command centreIran's military vows to retaliate severely against any aggressor, with Russian Chechen units reportedly on standby. Amidst US President Tru...
- Iran's Parliament Security Committee approves plan to impose tolls on Strait of HormuzIran's Parliament Security Committee on Monday (local time) approved the Strait of Hormuz Management Plan, which includes measures to impos...
- Oman extends foreign residency card validity to 10 yearsOman has significantly extended the validity of foreign residency cards to ten years, a substantial increase from the previous three-year l...
- Oman becomes first Gulf state to launch income tax in bid to reduce oil dependenceOman will introduce a 5% income tax in 2028 on high earners, becoming the first Gulf state to do so. The tax targets individuals with annua...
- Bank of Baroda to sell Oman operation to Bank DhofarBank of Baroda announces plans to sell its Oman operations to Bank Dhofar as part of its strategy to streamline foreign operations. This mo...
- Qatar's Commercial Bank to up stake in National Bank of Oman to 50.1%The deal will boost Commercial Bank's stake in the Omani lender to over 50%, keeping it as the biggest shareholder ahead of the government ...
- Oman expects public debt to top $56 billion by end-2021: DocumentOman expects a 2021 budget deficit of 2.24 billion rials as public spending of 10.88 billion tops revenue of 8.64 billion, the finance mini...
- Oman plans $5.7 billion budget deficit in 2021: State news agencyThe country aims to raise about 1.6 billion rials through borrowing and draw the remaining 600 million rials from its reserves, it said, ad...
- Oman to start cutting utility subsidies in JanuaryThe plan, along with labour laws, privatisations and new taxation, is aimed at reducing a yawning fiscal deficit expected to come to 10% of...
- Oman to introduce 5% VAT in six months' time"The implementation of the #ValueAddedTax came to ensure the sultanate's financial sustainability, enhance its competitiveness, and reaffir...
- Tata Steel signs agreement to sell stake in Al Rimal MiningUnder the agreement Tanmia, a closely held joint stock company incorporated in Oman, will be inducted into Al Rimal Mining as a shareholder.
- Oman to grant visa on arrival to Indians who have a valid visa of US, UK, Canada, Australia, Schengen or JapanHowever, to avail of this, visa applicants must ensure things like their passport is valid for not less than six months and that they have ...
- Oman oil minister criticises OPEC policy on prices, market shareOman is a small non-OPEC oil exporter which lacks the huge financial reserves that its Gulf neighbours can use to ride out low energy price...
- Bingo facts about Iranian rialStressed by economic sanctions imposed by the US & Europe and shepherded to the brink by a jingoistic leadership, Iran’s currency, the Rial...
- Xpress Money lowers money transfer fees from Oman to IndiaXpress Money on Monday announced a flat fee of 1.70 Omani Rial (OMR) for remittances of any denominations to India during the Holy month of...
- Bank Muscat sells 81 pc of its stake in HDFC BankBank Muscat said it has sold 81 per cent of its stake in India's second largest private sector lender HDFC Bank and has received around Rs ...
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