Supreme Court Begins 2026/2027 Session
The Sultanate of Oman announces the implementation of a zero tax rate on a wide range of goods, including rice, bread, medicines, and vaccines, from October until October 23. This decision aims to support consumers and reduce costs, as part of measures to promote economic stability in the country. Additionally, news reports invite depositors of Bank Beirut to complete the procedures for closing their accounts in Oman. Meanwhile, Gulf tourism forecasts project revenues of $254.7 billion and the creation of 4.5 million jobs by the year 2025.
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