Oman

Oil raises Oman GDP growth forecast in 2022

Emirates National Bank expects government to use oil revenues to reduce debt

Will Muscat Bourse witness the launch of the “Okio” IPO soon?

Investment Authority exits from 30 companies to secure $6.5 bn

Oman’s GDP rises by 16%, reaches OMR33 billion

Total public expenditure decreased by 5.9 percent to OMR 12.2 bn

Oman Air to join oneworld, unlock new upgrades

Qatar Airways will act as a sponsor of Oman Air's entry into the alliance

Oman’s Sohar Bank intends to merge with HSBC Oman

SAOG to offer HBMO shareholders cash and shares

Schengen visa waiver for Omanis to begin in two weeks

A representation office of the EU to be opened in Oman soon

Al Mouj Muscat project to create 5,500 jobs upon completion

The project recorded 2,200 permanent jobs, 75% omanization rate

Oman launches additional support package for SMEs, entrepreneurs

In an attempt to mitigate the effects of the Covid-19 pandemic

Oman supports fintech technology services via digital currency

Growing Arab interest in evaluating the process of issuing CBDCs

Bank Muscat keeps pace with digital technologies

The bank calls on its clients to use the QR code scanning option

Oman follows Abu Dhabi, Saudi in selling stakes in energy asset

OQ invites banks to pitch for gas pipeline network IPO

Oman’s foreign arrivals surge, GCC rank first

The number shot up by more than 400 percent in February

Muscat bourse completes 100% foreign ownership procedures for listed companies

Two or three government companies will be launched in the H2, 2022

“S&P” upgrades Oman’s rating: improved fiscal indicators, lower debt risk

Oil production in the Sultanate to reach 1.040 million bpd in 2022

Financial outlook for Oman improves with high oil prices

Finance Ministry to repay loans exceeding 2.85 bn riyals at end April

Oman achieves a budget surplus of 18 million riyals

Production and oil and gas prices contributed to strengthening the budget figures

Oman charges ahead with 1st EV production line

The sultanate also shows its prowess in bus manufacturing  

Oman’s banks confront challenges, to play role in “Vision 2040”  

The IMF welcomes financial sector’s resilience and ongoing reforms

Muscat’s MSX seeks upgrade to emerging market status

Dozens of state entities to list shares, raise liquidity

Oman is steadily on the path to financial recovery in 2022

This year, the deficit is expected to reach 5% of GDP