Oman
Production reached 6,000 barrels of oil equivalent (BOE) per day
Annual inflation rate decreased to 0.69 percent in June
Sector recovered to 70 percent of pre-pandemic levels
Law includes offering extended maternity leave
Net profit of local banks grew by 17.5 percent
Comprehensive services and diverse amenities
The Sultanate seeks to boost its economy and attract foreign investment
Oman, Switzerland join forces to drive economic diversification, sustainability
The city of the future is currently in development and hopes to be completed by 2025
Economic growth expected to slow down to 1.3 percent this year
Country is aiming to produce at least 1 mn tons of renewable hydrogen by 2030
Projects expected to boost tourism, infrastructure
$5-bn fund to allocate a percentage of capital to support SMEs
Due to decline in public debt burden and ability to meet financial obligations
Mortgage contracts surged by 52.3% to OMR433.3 mn
Supporting commercial, tourism, and fisheries activities in marine villages
Oman Air revamping fleet with Boeing 737 MAXs
Including IT, tourism, food security, and mining projects
Debt to GDP decreased from 60% to 40% in 2022
