Oman's tourism sector is booming, driven by public and private investments under Oman Vision 2040. Tourism's GDP contribution rose to
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The IMF affirmed Oman's strong economic performance, citing resilience amid global uncertainty. In 2024-25, growth was driven by manufacturing, logistics,
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The Sultanate of Oman has shifted from recovery to economic growth, with a 10% average growth. The government is simplifying
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Oman’s economic progress is highlighted by diversifying away from oil, with non-oil GDP at 68.2% in 2024. GDP grew 4.7%
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Oman's Muscat Stock Exchange (MSX) has achieved its highest performance in nearly a decade, fueled by reforms from the Oman
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Oman’s Five-Year Plans are being restructured into a 2+2+1-year format starting with the 11th Plan (2026–2030). This aims to prioritize
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Al Wusta Governorate is a key driver of Oman's economic growth, with major projects in Al Duqm turning it into
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Al Sharqiyah South Governorate saw strong growth in trade, industry, and investment in Q2 2025, with 348 new commercial registrations.
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MUSCAT: By August 2025, total credit from conventional banks in Oman grew by 7.3%, supporting private sector growth. Private sector
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Banks in the Gulf region showed strong performance in H1 2025, with improved profitability and asset quality, despite tighter liquidity.
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