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...
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...
