The Economic and Financial Committee of Majlis Ash-Shura on Monday discussed the draft Value-Added Tax (VAT) law referred by the government, by hosting Saud bin Nasser Al-Shukaili, vice-president of the Oman Tax Authority, a number of officials from the Ministry of Commerce and Industry (MOCI), Oman Tax Authority, and the Public Authority for Consumer Protection (PACP).

The meeting was aimed at discussing views of those parties regarding various articles"...

Muscat: Oman Chamber of Commerce and Industry (OCCI) has called private sector companies and institutions to provide persons with disabilities with all the facilities provided for this group, and to make proposals to improve the working environment and make it an attractive place for employment.

Based on the report issued by the National Committee for the Welfare of Disabled Persons, and implementation of the Convention on the Rights of Persons with"...

Muscat: The total number of vehicles registered by their colors, engine capacity and weights as at the end of May 2020 reached 1.53 million, according to a recent update from the National Centre for Statistics and Information (NCSI).

Among colours, white was the most preferred colour for vehicles in the Sultanate, with as many as 660,244 vehicles sporting white colour. Silver was the second choice, with 196,258 vehicles. Gray is the third most prominent"...

Relief measures unveiled recently by Oman’s Tax Authority offer a measure of welcome respite to businesses hit hard by the pandemic, as well as the accompanying economic downturn.

They are the latest in a series of gestures announced by the Supreme Committee designed to offer much-needed succor to private sector firms, as well as various sections of the general population, weighed down by the punishing effects of the ongoing pandemic.

“The"...

Muscat: Within its endeavour to enhance customers' banking experience by providing highly secured payment solutions, BankDhofar joined hands with Oman Air to launch an E-commerce payment gateway platform.

The initiative will enable Oman Air customers to process their air tickets booking online, using their debit cards and receive instant responses of the payment transactions.

Commenting on the partnership, Ahmed Said Al Ibrahim, Chief Operating Officer at BankDhofar, “BankDhofar is committed"...

The Omani government has selected Oracle’s Dedicated Region Cloud@Customer solution to support its national initiative to accelerate digital transformation across more than 120 government and semi-government entities with an integrated Government Cloud (G – Cloud) platform.

The initiative is led by the Oman Information and Communications Technology Group (OICTG), a new entity established by the Oman Investment Authority (OIA), owned by the"...