Amid revenue surge, Oman expands global reach with new air routes
Oman has continued to implement a broader strategy to establish itself as a regional aviation hub, leveraging its geographic location and world-class infrastructure...
Tag : Oman
Oman sets stage for economic transformation
Moody’s highlighted that Oman recorded a budget surplus of 2.8% of GDP in 2024, alongside low inflation and a current-account surplus...
Oman’s billion-dollar boom: Five sectors investors can’t ignore
Oman is positioned as a potential leader in renewable energy due to its abundance of solar and wind resources...
Oman Investment Authority expands assets to USD 53 billion despite fall in profits
The Oman Investment Authority's overseas presence continues to be extensive, with investment diversification across over 50 nations...
Oman’s non-oil exports surge 8.6% in Q1 2025
The first quarter saw a decrease in Oman's oil exports, which fell to 3.69 billion rials from 4.39 billion rials a year earlier...
Oman’s debt market to slow down in 2025-2026: Fitch
According to Fitch, sukuk continues to dominate the funding mix, making up 63.4% of the DCM issuance...
Oman’s Islamic banking assets surge 17% to USD 22.3 billion in 2024
According to CBO, the Islamic banking sector in Oman has been steadily growing, which is indicative of the growing demand for financial services that adhere to Shariah and its role in the nation's banking sector...
Non-oil sector to buoy Oman’s GDP growth to 3.1% in 2025
The Sultanate of Oman's sovereign wealth fund, the OIA, released economic projections earlier this week that are in line with this GDP growth estimate at constant prices...
Oman wealth fund buys stake in Elon Musk’s AI company
Elon Musk said that the partnership with XAI would yield results in developing superintelligent AI capable of solving numerous problems...
Oman sees 10% increase in air fares, says ACI report
The UAE saw a 22% increase in fares, while Oman experienced a 10% increase...