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Oman Business News

To catch up with the rest of the western world in terms of business administration, the Sultanate of Oman is now considering tweaking the weekend from a Thursday and Friday to a Friday and Saturday. This will allow the private sector in Oman to lessen its losses in terms of communication and financial agreements between the two 'worlds'. It is expected to have this change come into effect after the Eid Al Fitr holidays which will probably be around the 24th of October, 2006.

Other exciciting news from the local media is about the recent Financial Trade Agreement between the government of the Sultanate of Oman and the United States of America - the FTA will come into effect by the beginning of the new year, thus allowing private businesses from both countries to embark on competitive ventures in relatively agreed policies marked in the FTA.


Blogger bizzwhizz said...

The change in weekend days would be a good idea, we got to align with the rest of the world.
Thanks SIM

5:38 PM  

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