New watchdog mooted for Oman’s health insurance sector
2 days ago · Premium retention was 78.96% in 2023, similar to 2022. Total health insurance gross claims paid in 2023 totaled RO 171.434 million, which was up 17% from the previous year’s total of RO 146.538 million. Health insurance represented 38.2% of the Gross Written Premium in 2023 against 35% in 2022. Oman Observer is now on the WhatsApp channel.
Steps to reduce Oman’s debt adds economic resilience
2 days ago · As a result, the total public debt has dropped from RO 15.3 billion at the end of 2023 to RO 14.5 billion. This contributed to a decline in the public debt-to-GDP ratio from 36.5 per cent at the end of 2023 to 33.9 per cent during the first half of this year. From the early days into the throne, His Majesty the Sultan has put economic reforms ...
Discovering Oman: 30 years of exploration and transformation
2 days ago · Published: 6:26 PM, Nov 12, 2024. Listen. For over three decades, a unique relationship has blossomed between a seasoned Austrian traveller and Oman, revealing the story of a country that captured his heart and never let go. Rainer Skrovny, an adventurer from Nimza, Austria, first set foot in Oman in 1991 as part of a brief visit to the Gulf ...
Stiff penalties for obstructing journalists at work
2 days ago · Article 52 stipulates imprisonment for not less than three months and not more than one year, and by a fine of not less than RO 5,000 and not more than RO 15,000, or by one of these two penalties if any information violates the controls set by the Ministry of Information (MoI) or is inconsistent with public morals or aims to mislead the public ...
New media law ensures freedom of expression, curbs on rumours
4 days ago · Muscat: His Majesty Sultan Haitham bin Tarik on Sunday issued Royal Decree 58/2024 on the promulgation of the Media Law, after presenting the same before the Council of Oman. The new law ensures the freedom of expression and guarantees the right of members of society to freedom of expression and exchange of opinions.
Beyond food security - Oman Observer
3 days ago · Beyond food security. The Ministry of Agriculture, Fisheries and Water Resources (MoAFWR) is launching many projects to beef up marketing of farm produce and create jobs. The Agro Oman exhibition, scheduled from December 4 to 6 which will showcase the latest food products, agricultural and marine equipment, as well as greenhouse technologies ...
A law in tune with changing mediascape - Oman Observer
3 days ago · A law in tune with changing mediascape. The new Media Law that was issued by the Royal Decree 58/2024 was certainly a need of the hour, especially in today's era of unfiltered information from myriad sources. The law has considered the evolution of journalism over the past two decades by repealing the Publications and Publishing Law, the Law on ...