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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

Oman's GDP increased 4.3% to OMR36.10 bn

Supporting commercial, tourism, and fisheries activities in marine villages

Oman Air revamping fleet with Boeing 737 MAXs

Government debt to GDP fell to 40 percent in 2022

Including IT, tourism, food security, and mining projects

Debt to GDP decreased from 60% to 40% in 2022

Company seeking bookrunners for offering

Two nations announced strategic partnership to address food security

Omanis constituted 57.62 percent with 2,881,313 citizens

In a bid to boost tourism