Moody’s Investors Service (“Moody’s”) changed the outlook on the Government of Oman’s issuer rating to stable from negative and affirmed its long-term issuer and senior unsecured...
Muscat: Oman’s Gross Domestic Product (GDP) increased by 10.1 per cent to reach market prices of RO15,301,900,000 at the end of the second quarter of 2021...
The total outstanding credit extended by other depository corporations (ODCs) consisting of conventional and Islamic banks in Oman grew by 4.3 per cent to RO27.3bn at...
Here are the inflation rates on consumer prices in the Sultanate for the month of July 2021 when compared to the same period from 2020. Report...
Muscat: The State’s General Budget collected revenues of RO 4,361.3 million by the end of the first half of 2021, comprising a drop of 9.7 per...
Muscat: The Sultanate’s Ministry of Finance has taken a big decision on advance leave salaries for Government and public sector employees. In a decision issued on...
Muscat: His Majesty Sultan Haitham Bin Tarik presided over a meeting of the Council of Ministers at Hisn Al Shumoukh Palace yesterday [March 9, 2021]. At the outset...
Muscat: The newly-launched economic stimulus plan and the rules it brings into effect are expected to help Oman’s recovery efforts by creating a strong framework for...
The Sultanate’s Economic Stimulus Plan (ESP) endorsed by the Council of Ministers today is based on five main axes, namely: (A) Incentives pertaining to taxes and...
Muscat: The total Foreign Direct Investment (FDI) in the Sultanate at the end of the second quarter of 2020 reached RO15,44mn, recording an increase of 13.2 per...
