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By: Times News Service
Muscat: The number of passengers traveling through the Sultanate s airports has decreased by more than 75 per cent till the end of January 2021.
A statement issued online by Oman News Agency (ONA), said: The number of passengers traveling through the Sultanate s airports (Muscat International, Salalah, Sohar, and Duqm) until the end of January 2021 decreased by 77.5 percent, to reach about 357,923 passengers, according to the National Center for Statistics and Information
By Reuters Staff
2 Min Read
DUBAI (Reuters) - Oman will reduce income tax for small and medium businesses for 2020 and 2021 and will offer long-term residency permits for foreign investors, state TV said on Tuesday.
The plans announced on state media are part of Oman’s Vision 2040 aimed at diversifying the economy away from oil, which makes up the bulk of state revenues.
Oman is one of the Gulf’s weakest economies and was hit hard by the coronavirus pandemic and low oil prices. The International Monetary Fund said last month its economy likely shrank 6.4% in 2020 and estimated it would make a modest recovery to 1.8% growth this year.
By: Times News Service
Muscat: An integrated electricity and water station, located in the Special Economic Zone of Duqm (SEZAD), has began trial operation tests.
A statement issued online by Oman News Agency (ONA) said: The integrated electricity and water station in the Special Economic Zone of Duqm begins trial operation tests after receiving the first quantities of natural gas designated for its operation. The station s production capacity is 326 megawatts of electricity and 36 thousand cubic meters of water per day.
London Cleaning and Maintenance receives memento
By: Times News Service
London Cleaning and Maintenance recently received a memento from the Special Economic Zone at Duqm in appreciation of their COVID-19 disinfection services.