Oman Air has announced the layoff of 1,100 employees and a significant fleet overhaul, retiring its entire Airbus A330 fleet and selling two Boeing 787-8s. These measures are part of a broader cost-saving and restructuring strategy to enhance financial sustainability.
His Majesty Sultan Haitham bin Tarik of Oman is scheduled for a state visit to Belarus on October 6-7, 2025, for talks with President Alexander Lukashenko. The visit aims to significantly enhance bilateral cooperation across economic, trade, and cultural sectors, marking a new chapter in Oman-Belarus relations.
Oman will introduce a 5% Personal Income Tax on high earners from January 1, 2028, becoming the first GCC nation to do so. The tax, targeting annual incomes exceeding OMR 42,000, aims to diversify revenue and support Oman Vision 2040, with projections of generating RO 80 million in its first year.
A consortium led by Masdar has been awarded the contract for Oman's first utility-scale solar and battery storage project, Ibri III. The project will feature a 500 MW solar plant and a 100 MWh battery energy storage system, representing a significant step towards Oman's renewable energy goals and Vision 2040.
His Highness Sayyid Bilarab bin Haitham Al Said led Oman's delegation to Japan for the National Day celebration at Expo 2025 Osaka, Kansai, on September 20, 2025. The event highlighted Oman's rich culture, heritage, and future aspirations under the theme 'Earth, Water, and Humanity', aligning with the Expo's focus on 'Designing Future Society for Our Lives'.
