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...
Oman’s financial wealth will experience a sturdy Compound Annual Growth Rate (CAGR) of 5.2 per cent in new wealth, according to a new report by Boston...
A staff team from the International Monetary Fund (IMF), led by Mr Daniel Kanda, visited Muscat, Oman, during June 5-12, 2022 to discuss economic developments, the...
Public revenues in the Sultanate continued to show signs of growth by the end of April 2022, as a build-up of 52.3 per cent amounting to RO4.217bn was recorded...
The volume of Foreign Direct Investments (FDI) in the Sultanate grew by 7.7 per cent to reach RO17.08bn by the end of the fourth quarter of...