Tag: GDP
Fitch Upgrades Oman’s Credit Rating to “BB” with Stable Outlook
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...
Saudi Inflation Rises to 2.7% In July on Higher Food Prices
Saudi Arabia's consumer price index rose 2.7% in July from a year earlier, government data showed on Monday, increasing from a 2.3% pace in...
Hotel Revenues Exceed RO 83 Million in Oman by June 2022
Muscat: The revenues of (3-5) star hotels in the Sultanate of Oman by the end of June 2022 recorded a surge by 121.4% to...
ECONOMY: Oman’s State Budget Posts RO784M Surplus By H1 Of 2022
Muscat: Total revenues collected by the end of the first half of 2022 amounted to RO6.724bn, comprising a rise of 54.2 per cent compared...
Foreign Direct Investments In Oman Witness A 19% Increase
Muscat: The total Foreign Direct Investments (FDI) in Oman witnessed an increase over the last year and reached nearly RO 18 billion at the...
Oman GDP Reaches RO33 Bn by December 2021
Muscat: The Gross Domestic Product (GDP) of the Sultanate of Oman at the end of December 2021 increased by 16.1% to reach RO 33.016...
United Nation’s Calculations Indicate Improvement in Oman’s GDP
Muscat: Oman is processing its economic progress in line with the United Nation’s National Accounts System for 2008 and the UN “National Classification for...
Oxford Economics Report: Relaxation The Impetus For Rebound In Middle-East Economies
Muscat: According to the latest edition of the Economic Insight Report, released by Oxford Economics, the overall confidence in the markets is high due...
Japan’s Economy Experiences First Contraction in 3 Quarters
Tokyo: The Japanese economy fell at a year-on-year rate of 5.1% for the quarter of January – March. The reduction in growth was roughly...
Value Of Oman’s GDP At Market Price Stands At RO18.2bn
Muscat: The Sultanate's Gross Domestic Product (GDP) fell by 16.5 per cent, reaching RO18.189 billion at current market prices by the end of September...