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Category: Economy

Explore in-depth analysis of the Oman economy. Discover the latest market trends, financial insights, and key developments related to Oman’s Vision 2040.

Oman’s New Banking Directive on Climate Risk Disclosures: Key Implications for Investors and Business Owners

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

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Money Exchanges Evolving in Oman Amid Digitalization: What It Means for Investors and Business Owners

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

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Trump Signs Order Declaring TikTok Sale Ready: What a $14 Billion Valuation Means for Investors and Entrepreneurs

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

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CBO Survey Reveals Prudent Financial Habits Among Omanis: What This Means for Investors and Businesses in Oman

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

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Chinese Firm to Install 200 EV Chargers in Oman: What This Means for Investors and Entrepreneurs

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

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Record GCC-China Trade Hits $297.9 Billion in 2023: Key Opportunities for Investors and Entrepreneurs in Oman

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

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Upcoming US Economic Data: What It Means for Currency Markets and Your Investments

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

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Oil Prices Fall from 7-Week High: What This Means for Investors and Businesses in Oman

Oil prices dipped from a seven-week high as investors took profits after US stocks fell and slower winter demand loomed.

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Decline in Bounced Cheques in Oman: What This Means for Business Confidence and Financial Stability

The incidence of bounced cheques in Oman dropped by 13.89% in 2024, signaling reduced payment risks, says Central Bank of

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Oman’s Civil Aviation Authority President Leads ICAO Assembly: What This Means for Aviation Investment and Business Growth in Oman

Eng Nayef bin Ali al Abri, Chairman of Oman's Civil Aviation Authority, was nominated President of the 42nd ICAO Assembly.

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