EconomyTop StoriesOman’s non-oil sector grows 4.2% in H1 2024 in a boost for diversification effortsGBO CorrespondentDecember 2, 2024 GBO CorrespondentDecember 2, 2024 The amount of foreign direct investment in Oman increased from roughly 13.8...
EnergyTop StoriesOman on track to surpass 2030 hydrogen production target: IEAGBO CorrespondentOctober 17, 2024 GBO CorrespondentOctober 17, 2024 Oman, the United Arab Emirates, Egypt, Iraq, and Morocco will highlight their...
Real EstateTop StoriesOman’s real estate sector shows resilience and growth in Q1 2024GBO CorrespondentAugust 23, 2024 GBO CorrespondentAugust 23, 2024 Oman's foreign assets increased to 7.37 billion rials by the end of...
Banking and FinanceTop StoriesOman’s public revenues decline by 7% through May 2024GBO CorrespondentJuly 15, 2024 GBO CorrespondentJuly 15, 2024 Oman government spending up to May 2024 was almost RO4.724 billion, a...
EconomyTop StoriesOman’s non-oil sector propels Q1 2024 GDP to USD 27 billionGBO CorrespondentJuly 9, 2024 GBO CorrespondentJuly 9, 2024 In June, a report from OIA revealed that Oman's sovereign wealth fund...
EnergyTop StoriesWith record low cost, Saudi Arabia leads Middle East’s solar revolutionGBO CorrespondentJune 5, 2024 GBO CorrespondentJune 5, 2024 Nearly two-thirds of the solar capacity in the Middle East is anticipated...
MarketsTop StoriesGCC fragmented debt market continues to rise, finds FitchGBO CorrespondentMay 28, 2024May 27, 2024 GBO CorrespondentMay 28, 2024May 27, 2024 Over the last fifteen months, Fitch has upgraded Oman, Qatar, and Saudi...
FinanceTop StoriesMENA Watch: IPO market shows strong investor confidence despite global slowdownGBO CorrespondentMay 8, 2024May 7, 2024 GBO CorrespondentMay 8, 2024May 7, 2024 With 14 of the 19 offerings in Q4 2023, KSA confirmed its...
EconomyTop StoriesSaudi Vision 2030: How China brokered the peace deal between Kingdom & IranGBO CorrespondentJanuary 8, 2024 GBO CorrespondentJanuary 8, 2024 Saudi Arabia can't guarantee an Iranian constructive role, but it hopes China...
EconomyTop StoriesAs Oman economy shows resilience, Sultanate to spend USD 6.5 billion furtherGBO CorrespondentNovember 21, 2023 GBO CorrespondentNovember 21, 2023 Oman's economy surged 4.3% in 2022, driven by the hydrocarbon sector, before...