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Oman’s government debt burden fell to 35.5 percent of GDP, continuing an improvement trend since 2020
Fund aims to accelerate investment in energy transition and advanced manufacturing in the country
The growth is driven by a robust performance in non-oil sectors
The report highlights Oman’s fiscal consolidation as a noteworthy example despite it having one of the lowest projected growth rates in the region
Saudi Arabia led June inflows with $971 million, followed by the UAE, Kuwait, and Qatar
Travelers can now access over 900 destinations worldwide through Oman Air's new partnership
Talks aimed at strengthening bilateral relations align with directives from leaders of both nations
The value of the allotted Treasury bills was OMR4 million, with a maturity period of 28 days
Total public spending in GCC countries is projected to reach $542.1 billion in 2025
The move marks a significant milestone in Addleshaw Goddard's strategic growth across the Middle East
Oman's decision marks a milestone for the region, where tax-free personal income has long been a defining feature of the social contract
The 5 percent tax will be imposed on a natural person whose total annual income exceeds OMR42,000
The GCC's rebound is expected to be fueled by the phasing out of OPEC+ oil production cuts and continued expansion in non-hydrocarbon sectors
Gulf economies show strong non-oil growth in 2024, but key indicators highlight the depth and sustainability of diversification efforts
Markets across the Middle East (non-GCC) came in second, with exports and re-exports totaling AED 25 billion
Projects include luxury eco-camps and resorts that elevate Oman’s tourism experience and sector development
Muscat International Airport handled 4.22 million passengers by the end of April 2025
The new walkway will connect historic Nakhil Fort with Ain Al Thawra Park over 3 kilometers.
Initiatives include projects that strengthen infrastructure and broaden visitor experiences across the Sultanate
IMF's report emphasizes monetary policy transparency and effective communication with stakeholders
The value of allotted Treasury bills reached OMR2 million for a maturity period of 91 days
Production for Phase 1 is set to begin this June, targeting an annual output of 60 tons
Electrical equipment and machinery manufacturing sector achieved a remarkable growth rate of 141 percent
Public spending reached OMR12.241 billion, primarily driven by subsidies for oil and development projects
