Oman Oil Price Falls to $108.89

The Ministry of Labor has launched a unified national framework for risk management aims to enhance economic stability and stimulate growth within the Sultanate, particularly through the establishment of free markets in Al-Wujaijah, the maritime line, and the Empty Quarter. This initiative forms part of efforts to invigorate economic activity and develop infrastructure, with the goal of improving the business environment and attracting investments. It is expected that this framework will contribute to sustainable growth and reduce economic risks, supporting the government's objectives of diversifying income sources and developing the private sector.