A three-day seminar on Oman’s property market was being planned as part of the upcoming International Property Exhibition (IPE) and Money World Exhibition is being to be held next month …
Rabt power transmission project under way in Oman
Initiative will reduce carbon emissions by more than 474,000 tonnes annually and massively reduce sultanate’s diesel dependence …
Oman budget 2024: $28.6bn revenue, $30.3bn spending on $60 per barrel oil price forecast
He explained that the net oil revenues in the Oman 2024 budget are estimated at approximately OR5.915bn ($15.4bn). The collection of net gas revenues is estimated at about OR1.575bn ($4.1bn), and the …
Oman heads into 2024 with projected budget deficit
The Sultanate of Oman is expecting a budget deficit for the year, after it swinging away from a surplus during 2023 …
Oman posts $2.4bn budget surplus for 2023 on oil and gas revenue boost
Oman posted a budget surplus of 931 million Omani rials ($2.4 billion) for the financial year 2023 as per preliminary data after a more-than-anticipated rise in public revenue due to higher oil and …
UPDATE 2-Oman projects $1.7 bln deficit in 2024 budget
The 2024 budget is based on an average oil price of $60 per barrel, which is conservative by most estimates. Oman’s finance minister Sultan Salim Al Habsi said that the estimates in the budget were …
UPDATE 2-Oman projects $1.7 bln deficit in 2024 budget
The 2024 budget is based on an average oil price of $60 per barrel, which is conservative by most estimates. Oman’s finance minister Sultan Salim Al Habsi said that the estimates in the budget were …
Oman projects a US$1.66bil deficit in 2024 budget
MUSCAT: Oman is forecasting a budget deficit of 640 million rials (US$1.66 billion) this year, around 1.5% of the country’s gross domestic product, state television reported today, swinging from a …
Oman projects a US$1.66bil deficit in 2024 budget
MUSCAT: Oman is forecasting a budget deficit of 640 million rials (US$1.66 billion) this year, around 1.5% of the country’s gross domestic product, state television reported today, swinging from a …
Key role for Oman’s non-banking financial sector in green finance
MUSCAT: A national roadmap for unlocking new sources of sustainable funding for the financing of green projects in the Sultanate of Oman envisions …