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Oman Repays Over RO1.5B of Public Debt by First Half of 2023

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The State’s General Budget registered a surplus of RO656mn by the end of the first half of 2023, compared to a surplus of RO784mn...

Added Value of Enterprises in Oman Exceeds RO9B by Q4 of 2022

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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 Could Be The Fastest Growing Economy In The GCC In 2023: World Bank

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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...

Finance Ministry Adopts New Mechanism For Controlling Financial Performance Of Oman’s 2022 Budget

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Oman's Ministry of Finance organised a workshop on controlling the financial performance of the State's General Budget for 2022 via video conference, with participation...

Fitch Ratings Revises Oman’s Outlook To Stable, Affirms Its Rating at ‘BB-’

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Fitch Ratings has revised, in a recent report issued this week, Oman’s outlook to stable from negative and affirmed the rating at BB-. According to...

Oman’s Outlook Rated ‘Stable’ By Moody’s; Debt Levels To Drop To Pre-COVID Levels By...

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Moody's Investors Service ("Moody's") changed the outlook on the Government of Oman's issuer rating to stable from negative and affirmed its long-term issuer and...