Tag: Oman economy
Oman GDP Grows 1.7% at Constant Prices During Q1 2024
The gross domestic product (GDP) of the Sultanate of Oman at constant prices increased by 1.7% to reach (at market price) RO 9,537.0 million...
OQGN Signs Financing Facilities Worth US$1.2 billion
OQ Gas Networks (OQGN), the exclusive operator of the natural gas transportation network in Oman, has signed three financing agreements with local and regional...
Added Value of Enterprises in Oman Exceeds RO9B by Q4 of 2022
The total added value of enterprises by the end of the fourth quarter of 2022 in Oman amounted to RO9,237.6mn (221,523 enterprises), constituting a...
Oman’s Public Revenues Up By 12% In February 2023
The state’s public revenue by the end of February 2023 amounted to RO2,148mn, up by 12 per cent when compared to RO1,918mn registered over...
Oman Could Be The Fastest Growing Economy In The GCC In 2023: World Bank
Oman is set to be the fastest-growing economy among all GCC nations in 2023, as per a report issued by the World Bank, with...
Financial, Economic Indicators In Oman Economic Performance Show Improvement
The Ministry of Economy has affirmed that financial and economic indicators for 2022 and during the first quarter of 2023 reflect the potential of...
S&P Global Ratings Revises Oman’s Outlook to Positive, Affirms its Ratings at “BB”
S&P Global Ratings revised Oman’s outlook to positive and affirmed its ratings at "BB", in light of improving fiscal performance.
The agency said in its...
Oman’s New Economic Initiatives Foster Business Growth; FDIs Stand At RO18.1B In Q3 Of...
The Sultanate is improving its business climate and attracting foreign direct investments (FDIs), which have proven to be a crucial component in fostering economic...
EXPLAINED: A Complete Breakdown Of Oman’s General Budget For 2023
The Ministry of Finance has affirmed that the average price of oil barrels was calculated at US$55 per barrel in the State Budget for...
Average Oil Price Projected At US$55 Per Barrel In State Budget 2023
The Ministry of Finance has revealed that initial total public revenues for State Budget 2023 are estimated to be about RO11.650 billion, up by...
