Tag: Oman economy
Oman Records RO1.1B Budget Surplus By September 2022
Oman’s budget achieved a surplus of RO1.123bn by the end of September 2022 when compared with a deficit of RO1.030bn over the same period...
Oman, Bahrain Relations Deeply Entrenched In History, Constantly Consolidated By Fraternal Bonds
Bilateral relations between the Sultanate of Oman and the Kingdom of Bahrain are based on solid foundations, framed by warm, stable, and constantly enduring...
A Peek Into Oman’s Economic Performance In 2022: SICO Report
SICO, a leading regional asset manager, broker, market maker and investment bank, shared insights into Oman’s current economic climate in a report analysing progress...
Moody’s Changes Outlook On Oman To ‘Positive’, Affirms ‘Ba3’ Rating As Nation Posts Strong...
Oman's economy has outperformed expectations leading to a boost in the ratings of its future outlook from stable to positive, as per a report...
A Consolidated Report On Oman’s Economic Performance & Growth In 2022
H.E. Dr Nasser bin Rashid Al-Mawali, Undersecretary of the Ministry of Economy, documented remarkable improvement in the performance of the Omani economy; a feat...
Inflation Rate In Oman Hits 2.4% In August 2022
The inflation rate of the Consumers Price Index (CPI) in the Sultanate of Oman stood at 2.4 per cent in August 2022, according to...
What Is Oman’s New Flagship Economic Diversification Programme Codenamed ‘Tanweea’?
The Sultanate's plans for economic diversification under the 10th Five Year Plan (2021-2025) will be fortified and fast-tracked under 'Tanweea' (translated from Arabic as...
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...
SOHAR Port & Freezone Showcases Strengths in FICCI’s Logistics Webinar
Sohar Port and Freezone pitches its advantages to Indian investors in its webinar to FICCI.
SOHAR Port and Freezone hosted the fifth and final webinar...
Oman’s Financial Wealth To Grow By 5.2% Annually, Reaching US$89.3B By 2026
Oman’s financial wealth will experience a sturdy Compound Annual Growth Rate (CAGR) of 5.2 per cent in new wealth, according to a new report...