Tag: Oman
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Oman Economy on Solid Ground: IMF Backs 3.5% Growth, Future Fund Signs Over AED 1.8 Billion in Investment Deals
The IMF confirmed a 3.5% GDP growth forecast for Oman in 2026, supported by 1.7% inflation, public debt declining to 33% of GDP, and a 7.5% current account surplus, as the Future Fund Oman signs over AED 1.8 billion in new deals across logistics, renewable energy and technology.
Dubai-Oman Green Corridor Trade Hits AED 8 Billion: Eight-Fold Surge in Three Months
Dubai's green trade corridor with Oman has surged from AED 1 billion to over AED 8 billion in customs declarations since launching in March 2026, as the Hafeet Rail project reaches 40% completion and Jebel Ali reports 35% growth in new logistics registrations.
Kuwait and Oman Post Steady 2.6-2.9% Growth as Smaller GCC Economies Diversify Beyond Oil
Kuwait and Oman each posted GDP growth of between 2.6 and 2.9 per cent, with both countries implementing accelerated economic diversification strategies — including Kuwait's fuel reserve expansion and Oman's utility-scale solar-plus-storage projects — to reduce dependence on hydrocarbon revenues.
Oman’s Muscat Real Estate Corridor Attracts AED 8 Billion in Foreign Investment in 2025
Oman's real estate sector recorded AED 8 billion (equivalent to OMR 800 million) in foreign property investment during 2025, according to the Oman Real...
Oman Heritage and History 2026: Frankincense, Forts, Aflaj and 5,000 Years of Civilisation
Oman is one of Arabia's most historically rich nations, a land where ancient trading civilisations flourished, where frankincense has been harvested for 5,000 years,...
