Gulf economies could add an additional $2.5tn in the next ten years if they adapt new
Oman GDP
Latest in Oman GDP
Bahrain GDP
Saudi Arabia and UAE to lead GCC GDP growth in 2024: World Bank
World Bank releases report forecasting GDP in UAE, Saudi Arabia, Bahrain, Oman, Kuwait and Qatar
dudget
Oman budget 2024: $28.6bn revenue, $30.3bn spending on $60 per barrel oil price forecast
Oman expects deficit of $1.7bn in 2024 as it delivers detailed breakdown of budget for year ahead
GDP
Oman tourism revenue hit $5bn in 2022, up 47.3%
Oman tourism saw a massive increase in visitor numbers and revenue last year
bankruptcy law
Video: Oman’s new business laws explained
12% GDP growth is what Oman posted in 2018, bucking the global trend of decelerating growth and economic growth.
budget deficit
Oman’s budget deficit drops to lowest in 5 years
Oman’s state budget predicts a deficit of $7.27bn for 2019
budget deficit
Oman’s latest budget update reveals deficit narrowing
Downgraded by all three major rating companies, the sultanate has stopped providing data on its budget performance
foreign direct investment
Oman’s privatisation of electric companies to have ‘modest’ impact on fiscal deficit
Oman plans to collect $1.8 billion from privatisations by 2022
Employment visa
Oman’s expat population shrinks after temporary work ban
Expat numbers in Oman fall by 96,000 since a decision to issue a temporary ban on the issuance of work visas for expatriates in 10 sectors
fiscal deficits
Moody’s lowers Oman’s ratings
Oman’s fiscal deficit is expected to remain at between 5 and 7 percent.
BMI Research
Oman’s economy to grow in 2018, research shows
Real GDP acceleration will largely be driven by increasing oil and gas production, according to BMI research
