Economy | Omanet

The GCC travel and tourism sector contributed $247.1B to GDP in 2024, up 31.9% since 2019, and is projected to

S&P Global Ratings affirmed Oman’s ‘BBB-’ long-term and ‘A-3’ short-term sovereign credit ratings with a stable outlook, citing fiscal prudence

Tourism’s true essence lies in the people—the receptionist, the guide, the young graduate choosing hospitality as a career. OMRAN GROUP’s

Commercial banks in Oman must disclose climate-related risks from 2026, says Central Bank. The move aims to integrate climate risk

The Money Exchange Establishments (MEEs) in Oman saw a 62.8% drop in profits and a 6.1% revenue decline in 2024,

President Trump signed an executive order for selling TikTok's US operations to American and global investors to meet 2024 national

Despite rising personal and household debt in Oman, a Central Bank survey shows many practice financial prudence. Lending to households

Prominent Chinese EV charging provider Gresgying Digital Technology plans to roll out 200 charging stations across Oman, supporting the country’s

In 2023, GCC-China trade totaled $297.9 billion, down 5.8% from 2022. GCC exports to China fell 16.7% to $158.3B, mainly

The US dollar was steady as traders weighed a measured Fed easing cycle amid cautious policymakers and awaited key economic

Category: Economy