The gross domestic product (GDP) of the Sultanate of Oman at constant prices increased by 1.7% to reach (at market price) RO 9,537.0 million at the...
OQ Gas Networks (OQGN), the exclusive operator of the natural gas transportation network in Oman, has signed three financing agreements with local and regional banks for...
The total added value of enterprises by the end of the fourth quarter of 2022 in Oman amounted to RO9,237.6mn (221,523 enterprises), constituting a growth of...
The state’s public revenue by the end of February 2023 amounted to RO2,148mn, up by 12 per cent when compared to RO1,918mn registered over the same...
Oman is set to be the fastest-growing economy among all GCC nations in 2023, as per a report issued by the World Bank, with a projected...
The Ministry of Economy has affirmed that financial and economic indicators for 2022 and during the first quarter of 2023 reflect the potential of Oman’s economy...
S&P Global Ratings revised Oman’s outlook to positive and affirmed its ratings at “BB”, in light of improving fiscal performance. The agency said in its credit...
The Sultanate is improving its business climate and attracting foreign direct investments (FDIs), which have proven to be a crucial component in fostering economic development. The...
The Ministry of Finance has affirmed that the average price of oil barrels was calculated at US$55 per barrel in the State Budget for the fiscal...
The Ministry of Finance has revealed that initial total public revenues for State Budget 2023 are estimated to be about RO11.650 billion, up by 10 per...
