The trade deal is also awaiting a green signal from the Majlis al-Shura, or the lower house of the Council of Oman, which serves as a consultative and legislative body. Negotiations for the pact were concluded in August.
Muscat’s beaches are glowing with rare blue bioluminescence, enchanting residents and travellers alike. Witness the magical glow at Al Bustan and Bandar Al Khairan, and explore Muscat’s top attractions from the Muttrah Corniche to Wadi Shab this winter.
Despite a thaw in diplomatic ties, the commerce ministry is prioritising ongoing FTA negotiations with several countries, making the resumption of FTA talks with Canada unlikely this year
Faced with steeper US tariffs, the India-Oman FTA and additional deals with GCC nations could play a key role in diversifying Indian exports by reducing dependence on traditional buyers.
Oman is India’s third-largest export destination within the GCC. India already has a trade deal with another GCC member - the United Arab Emirates (UAE).
India vs Oman Live Streaming: This match serves as a perfect opportunity for the Men In Blue to try the bench strength and treat it as a warm-up ahead of the Super Four.
Asia Cup 2025: There are four — Jitesh Sharma, Rinku Singh, Arshdeep Singh and Harshit Rana — who have not got a game yet.
United Arab Emirates vs Oman Live Streaming: UAE and Oman last met in the 2024 Gulf T20I Championship in Dubai, which the former won by 24 runs.
Pakistan vs Oman Live Streaming, Asia Cup 2025: This Asia Cup will be a debut for Oman, and they will try to make it special.
Oman has announced that Hajj 2026 registration will open from September 23 to October 8, 2025. Here’s a complete guide on eligibility, application process, and key deadlines for pilgrims.
Oman to launch Golden Visa, offering 5- and 10-year residency for investors with perks like full ownership, tax benefits, and family sponsorship.
The ministry also plans to speed up the implementation of the Export Promotion Mission that was announced in the budget for FY26.
In a written reply to the Lok Sabha, Minister of State for Commerce and Industry Jitin Prasada said India has signed 15 free trade agreements (FTAs) and six preferential trade agreements to date.
The Indian government is exploring markets in West Asia and Europe for its labour-intensive products to cushion the impact of the steep tariffs imposed by the US.
Oman has been enacting fiscal reforms as part of its economic diversification to reduce its reliance on the oil, an objective it shares with other Gulf countries
India expects to also soon close talks for a pact with a "second Gulf nation" and is in active dialogue with the EU and the US for trade agreements, Goyal added.
Plan your trip to Oman, the hidden gem of the Middle East. Explore stunning landscapes, ancient forts, wadis, and beaches. Experience adventure and rich culture!
India and Oman signed the Protocol to amend the India-Oman Double Taxation Avoidance Agreement (DTAA), aligning it with international standards on cross-border taxation, simplifying tax procedures, and promoting greater cooperation in tax matters.
This visit underscores the importance that India attaches to its trade and investment ties with Oman, an important commercial partner in the Gulf Cooperation Council (GCC) with bilateral trade estimated at over $8.94 billion in 2023-2024, India's commerce ministry said in a statement on January 26.
The total business of BoB's operation in the country was 113.35 million Omani Rial while the net worth stood at 25.54 million Omani Rial
The pact, is expected to boost Indian exports to the west Asian country by eliminating duties, especially on petroleum products, textiles, electronics, pharmaceuticals, machinery, and iron and steel
An Indian national has been identified as one of the nine victims of the shooting incident that shook Muscat, Oman on July 15.The official social media handle of the Embassy of India in Oman informed on July 16 that the Foreign Ministry of Sultanate of Oman has informed that one Indian national lost his life while another sustained injury in the mosque attack.
Speaking of FTAs, the commerce ministry, on June 14, said that outstanding issues around the trade deal with UK will be resolved once the general elections in Britain are over.
Dubai Floods: A storm hit the United Arab Emirates and Oman this week bringing record rainfall that flooded highways, inundated houses, grid-locked traffic and trapped people in their homes. At least 20 people were reported to have died in the deluge in Oman while another person was said to have died in floods in the UAE that closed government offices and schools for days. Cloud seeding is a process in which chemicals are implanted into clouds to increase rainfall in an environment where water scarcity is a concern. Watch.
According to local news agencies and the weather department, the storm in UAE dumped a year-and-a-half worth of rainfall over Dubai in just a few hours. The emirate experiences 94.7 millimetres (3.73 inches) of rainfall in an average year and had seen more than 142 millimetres of heavy rainfall by Tuesday.