The qualitative improvement in the performance of the Omani economy came as a result of the success of the economic and financial policies taken …
Oman’s inflation rate at acceptable levels due to strong fundamentals
The inflation rate in the Sultanate of Oman remained at acceptable limits of about 3.1 per cent during the period January-August, which is much lower than the rate recorded by some economies, …
Burjeel Holdings’ ADX-Listed IPO To Open On Sept 30
Burjeel Holdings, one of the leading regional private healthcare service providers in the UAE and Oman, announced its intention to list on the Ab …
Oman-Saudi bilateral trade soars to over $3bln in H1 2022
Bilateral trade between the Sultanate of Oman and Saudi Arabia more than doubled to exceed RO 1.249 billion during the first half of 2022, compared to RO 595 million in 1H of 2021, entailing an …
Oman to ban import of plastic bags from January 2023
Oman will ban the import of plastic bags from January 2023. The sultanate’s Ministry of Commerce, Industry and Investment Promotion has issued a ministerial decision for the ban, Oman News …
Oman-Saudi bilateral trade soars to over $3bln in H1 2022
Bilateral trade between the Sultanate of Oman and Saudi Arabia more than doubled to exceed RO 1.249 billion during the first half of 2022, compared to RO 595 million in 1H of 2021, entailing an …
Oman’s real estate market sees recovery
Strong and positive momentum is expected to continue in the Sultanate of Oman’s real estate sector thanks to the shifting trends suggesting that the property market is once again on the investor radar …
Oman’s nominal GDP surges over 32%
Hydrocarbon GDP jumps 70.9%, Non-oil GDP grows 14.9%, Manufacturing expands 65%, Services sector up 11.2%. Muscat – Oman’s economy is witnessing a remarkable expansion this ye …
Central Bank of Oman approves licensing application of OM Pay
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …
German hospitality group launches new properties in Oman and Qatar
Steigenberger Residence and Intercity Hotel are now added to the strengthening Middle East portfolio German hospitality group launches new properties in Oman and Qatar Deutsche Hospitality, Future …