Efforts to put public finances on a healthy footing and tackle chronic budget deficits have started to pay off, facilitated by a sharp increase in oil prices, Oman’s main export.
Oman’s fiscal outlook improves as oil prices surge
Efforts to put public finances on a healthy footing and tackle chronic budget deficits have started to pay off, facilitated by a sharp increase in oil prices, Oman’s main export.
Oman to Use Surplus From Higher Oil Prices to Reduce Public Debt
Oman expects to reduce its public debt to 19.46 billion Omani riyals by using the surplus arising from selling oil at higher prices and repaying some loans by end of April 2022, the finance ministry …
Oman to Use Surplus From Higher Oil Prices to Reduce Public Debt
Oman expects to reduce its public debt to 19.46 billion Omani riyals by using the surplus arising from selling oil at higher prices and repaying some loans by end of April 2022, the finance ministry …
Oman to Use Surplus From Higher Oil Prices to Reduce Public Debt
Oman expects to reduce its public debt to 19.46 billion Omani riyals by using the surplus arising from selling oil at higher prices and repaying some loans by end of April 2022, the finance ministry …
Oman to allow foreign ownership for companies on Muscat stock exchange
The move will help Oman diversify its economy away from dependency on oil. The country has recently sought investment from its neighbors in the Gulf.
Oman allowing 100% foreign ownership in listed companies takes reforms to next level
It opens a window for Omani companies to tap global fund flows Dubai: The Muscat Stock Exchange’s (MSE) move to raise foreign ownership limits in joint stock companies to 100 per cent will be a …
Oman Arab Bank – Outlook Revised to Stable from Negative
Capital Intelligence Ratings (CI Ratings or CI) today announced that it has revised the outlook on Oman Arab Bank’s (OAB) Long-Term Foreign Currency …
Shell Oman appoints first female Omani CFO
MUSCAT: Shell Oman Marketing Company SAOG (Shell Oman) has appointed Lamees bint Dawood al Lawatiyah as Chief Financial Officer (CFO), effective April 1, 2022. This appointment …
Shell Oman appoints first female Omani CFO
MUSCAT: Shell Oman Marketing Company SAOG (Shell Oman) has appointed Lamees bint Dawood al Lawatiyah as Chief Financial Officer (CFO), effective April 1, 2022. This appointment …