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Economic Update | First-quarter figures show increase in money supply at Oman’s banks

28 Jun 2017
Oman Banking
Central Bank of Oman (CBO) statistics show an upswing in money supply among the nation’s banks in the first quarter of 2017, with total deposits to conventional banks rising by 4.2% to OR19.02bn ($49...

Economic Update | Third mobile operator set to enter Omani telecoms sector

26 May 2017
Oman ICT
Four telecoms operators currently have bids under consideration to become the third mobile network on the Omani market, following the Telecommunications Regulatory Authority’s (TRA) launch of the...

Economic Update | Gas production increases as Oman refocuses its energy ambitions

25 Apr 2017
Oman Energy
Oman is seeking to enhance its upstream gas segment to supply growing demand, with major upcoming projects expected to help achieve this goal.

Economic Update | Private projects to keep construction humming in Oman

31 Mar 2017
Oman Construction
Increased private sector participation in Oman’s project pipeline, and draft bills to ease workforce restrictions and allow 100% foreign ownership, look set to help drive continued expansion in the...

Economic Update | Oman’s business environment gets major boost from e-services

28 Feb 2017
Oman trade and investment
Last year saw a surge in activity on Oman’s Invest Easy portal – a one-stop shop for investment and business procedures – with the authorities also rolling out key reforms aimed at attracting...

Economic Update | Oman Year in Review 2016

27 Jan 2017
Oman Economy
As countries across the GCC faced revenue pressures due a lower oil price environment, Oman balanced reduced public spending with economic diversification efforts to keep growth on a positive...