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His Majesty Announces Initiatives Worth RO 130 Million For Economic and Social Procedures

Muscat: His Majesty Sultan Haitham bin Tarik presided over a meeting of the Council of Ministers at Al Baraka Palace yesterday. At the outset of...
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oman vision 2040 oman economy budget

Royal Speech Affirms Determination to Achieve Fiscal Sustainability, Motivate Economy, Improve Business Climate: Analysts

Muscat: Experts and economic analysts have underlined the significance of the recent Royal speech of His Majesty Sultan Haitham bin Tarik as a roadmap for...
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Debt Is Outside the Law for Gulf’s Laggard Draining Reserves

Debt Is Outside the Law for Gulf’s Laggard Draining Reserves

(Bloomberg) -- From an unpredictable monetary policy to its noisy domestic politics, Kuwait is often the odd one out in the Gulf. It boasts the region’s first female finance...
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World Economy Haunted by Risk Just Got a Double Shot in the Arm

(Bloomberg) --Dogged for most of 2019 by trade tensions and political risk that hammered business confidence, the outlook for global growth will enter 2020...
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Skyscrapers stand in the King Abdullah financial district in Riyadh; wealth fund

Top 10 Takeaways of Saudi Budget 2020

Saudi Arabia’s approved one trillion and twenty billion Saudi Riyals state budget for the fiscal year 2020 on Monday, slightly lower than the last...
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Aerial view of the skyline of Manama, Bahrain.

S&P revises Bahrain’s outlook to positive over improving fiscal prospects

Global ratings agency Standard and Poors (S&P) revised its outlook on Bahrain to positive from stable following the implementation of the government's budget-deficit-reducing measures and...
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Global Finance Chiefs Pledge to Use All Tools to Aid Growth

(Bloomberg) --Global finance ministers and central bankers pledged to use all their tools, including fiscal policy, to support demand amid a “highly uncertain” outlook...
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