The Sultanate of Oman is not in talks with any of its Gulf neighbours for an aid package, despite a large fiscal deficit, which is decreasing...
His Excellency Mohammed bin Hamad al Rumhi, Oman’s Minister of Oil and Gas, today said that though no deeper oil output cuts were discussed during the...
The GCC Food Industry Report, published by Alpen Capital (ME) Limited – an investment banking advisory firm – forecasts steady growth for the food sector in...
An International Air Transport Association (IATA) data report shows that the global air freight market contracted by 3.2% in July this year, compared to the same...
Oman Housing Bank (OHB) has said that the total number of approved loans, supported by the government, reached 630 loans during the first half of this...
The state-owned Saudi Aramco might be considering a two-stage initial public offering (IPO) with a domestic debut and a subsequent international listing possibly in Tokyo, according...
The Sultanate’s state budget deficit has seen a 53% drop with the deficit at OMR 0.66bn (660mn) as compared to OMR1.4bn for the same period in...
India’s sixth LNG import facility will be a floating terminal with a 1.0 million mt/year capacity on its eastern coast, at the port city of Krishnapatnam...
Natural gas is rising as a key catalyst to the growth of Oman’s economy, according to Central Bank of Oman’s (CBO) annual report released recently. According to...
Oman’s economic outlook appears to be healthy over the medium term aided by thriving non-oil economic sectors and new enabling policies, including those that foster a...
