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The average acceptable return was set at 4.75 percent, with a maximum acceptable return of 4.85 percent and a minimum of 4.6 percent
The two countries underscored the importance of advancing economic cooperation and strategic integration between them
Oman’s budget is expected to have a 2 percent GDP surplus in 2024, dropping to 0.7 percent in 2025
The deal is part of the sultanate’s broader initiative to capitalize on cutting-edge global technologies across multiple sectors
UAE's economic growth is projected at 3.3 percent in 2024, driven by 4.1 percent non-oil sector growth
The projects span 10 key sectors, including technology, manufacturing, tourism, renewable energy and electric vehicles
Non-oil trade between the two countries reached AED51 billion last year, up from AED48.7 billion in 2022
The two entities will identify prime retail locations, implement smart innovations, enhance logistics, and improve customer experiences
This underscores efforts to diversify MSX by adding key players from various sectors of Oman’s economy
Oman's central bank is offering the 72nd government development bonds to all investors, residents and non-residents irrespective of their nationality
Global institutional support in the Category I offering exceeded OMR1.0 billion (excluding anchors)
The traded value of real estate sales contracts in Oman reached OMR716.1 million by end of August 2024
This MoU is designed to facilitate cooperation through the sharing of information, expertise, and research
Agreement encompasses the offtake of 0.4 million metric tons per annum of LNG from Oman LNG for four years starting in 2026
Current public revenues reached OMR2.2 billion, down from OMR2.334 billion during the same period in 2023
A single freight train journey is expected to transport over 15,000 tons of cargo, equivalent to about 270 standard containers
Interest rate on repurchase operations with the central bank (repo) on these bills is 5.50 percent
The Omani government, along with many state-owned enterprises (SOEs), is continuing to deleverage its balance sheet
The payment service provider will use Mastercard Gateway for quick, seamless, and secure transactions in the region
The number of micro enterprises exceeded 120,000, while the number of small enterprises crossed 19,000
Saudi Arabia's direct investments in Oman reached $314.63 million, up from $209.41 million in 2021
Program features various initiatives and projects that keep pace with global developments in the sector
Al Saadi pointed out that the private sectors in both nations are crucial to driving mutual partnerships
The value of Oman's crude oil exports amounted to OMR5.134 billion, recording an increase of 7.2 percent
