Oman’s state general revenues increased by 42.3 per cent until the end of October 2022, to reach about RO11.862bn compared to RO8.333bn during the same period...
Oman’s budget achieved a surplus of RO1.123bn by the end of September 2022 when compared with a deficit of RO1.030bn over the same period in 2021,...
Bilateral relations between the Sultanate of Oman and the Kingdom of Bahrain are based on solid foundations, framed by warm, stable, and constantly enduring ties that...
SICO, a leading regional asset manager, broker, market maker and investment bank, shared insights into Oman’s current economic climate in a report analysing progress in achieving...
Oman’s economy has outperformed expectations leading to a boost in the ratings of its future outlook from stable to positive, as per a report issued by...
H.E. Dr Nasser bin Rashid Al-Mawali, Undersecretary of the Ministry of Economy, documented remarkable improvement in the performance of the Omani economy; a feat that was...
The inflation rate of the Consumers Price Index (CPI) in the Sultanate of Oman stood at 2.4 per cent in August 2022, according to the latest...
The Sultanate’s plans for economic diversification under the 10th Five Year Plan (2021-2025) will be fortified and fast-tracked under ‘Tanweea’ (translated from Arabic as “diversification”) –...
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,...
Sohar Port and Freezone pitches its advantages to Indian investors in its webinar to FICCI. SOHAR Port and Freezone hosted the fifth and final webinar in...