Tag: economic diversification
ECONOMY : Oman Economy Deemed Stable By Moody’s
Muscat: In its recent announcement, Moody’s changed the outlook on Oman’s credit rating to stable from negative and affirmed its rating at Ba3.
According to Moody’s,...
Oman Vision 2040: Defining Future Goals
Oman 2040 is a national project that aims to create an insightful vision that foresees the future and strives for more progress and development,...
OMR1.5bn fibreglass factory to come up in Khazaen Economic city
Oman's National Fibre Glass Factory (NFF) will be investing OMR1.5mn to build a new manufacturing plant in Khazaen Economic city, according to an announcement...
Oman among 10 rising stars of global trade, says Standard Chartered study
The Sultanate is among the top 10 markets that have most rapidly improved their trade growth potential over the past decade, according to new...
Saudi Arabia’s Red Sea Development Seeks to Raise $3.5 Billion
(Bloomberg) -- The firm that’s transforming an archipelago, desert and mountains -- an area about the size of Belgium -- on Saudi Arabia’s Red...
Bank Nizwa, Raysut Cement Company ink OMR19.5mn finance agreement
Bank Nizwa, the Sultanate’s leading Islamic banking and financial solutions provider, signed an OMR 19.5mn deal for Shari’a-compliant financing facilities with Raysut Cement Company...
‘The Report: Oman 2020’ to analyse country’s foreign investment drive
Global research and advisory firm Oxford Business Group (OBG) will be bringing out The Report: Oman 2020, which will chart the latest measures taken...
ICT – Oman’s New Economic Sector
In a bit to widen its economic prospects, the Sultanate has proposed projects and investments that fare approximately RO 100m - to build a...
Oman’s Wind Energy Project – Change is in the Air
Oman has been developing numerous renewable energy projects in a bid to shift towards a post-oil economy. The wind energy project in Dhofar is...
Oversaturated Market – A Threat to Oman’s Economy
While the Sultanate is fast at addressing its economic diversification agenda under the Tanfeedh program, the looming issue of an oversaturated Omani market does...
