Muscat: Fitch Ratings has upgraded Oman’s credit rating to “BB” with a stable outlook. The upgrade reflects the significant improvements in Oman’s fiscal and economic metrics,...
Saudi Arabia’s consumer price index rose 2.7% in July from a year earlier, government data showed on Monday, increasing from a 2.3% pace in June. The...
Muscat: The revenues of (3-5) star hotels in the Sultanate of Oman by the end of June 2022 recorded a surge by 121.4% to reach RO...
Muscat: Total revenues collected by the end of the first half of 2022 amounted to RO6.724bn, comprising a rise of 54.2 per cent compared to RO4.361bn...
Muscat: The total Foreign Direct Investments (FDI) in Oman witnessed an increase over the last year and reached nearly RO 18 billion at the end of...
Muscat: The Gross Domestic Product (GDP) of the Sultanate of Oman at the end of December 2021 increased by 16.1% to reach RO 33.016 billion compared...
Muscat: Oman is processing its economic progress in line with the United Nation’s National Accounts System for 2008 and the UN “National Classification for Economic Activities...
Muscat: According to the latest edition of the Economic Insight Report, released by Oxford Economics, the overall confidence in the markets is high due to the...
Tokyo: The Japanese economy fell at a year-on-year rate of 5.1% for the quarter of January – March. The reduction in growth was roughly matched by...
Muscat: The Sultanate’s Gross Domestic Product (GDP) fell by 16.5 per cent, reaching RO18.189 billion at current market prices by the end of September 2020, according...
