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Economy
Steven Sahiounie, journalist and political commentator The Syrian Petroleum Company (SPC) has announced a comprehensive, phased plan to significantly increase oil and gas production,…
The GCC also succeeded in enhancing its regional and international role, becoming a key partner in achieving international peace and stability, he noted
The bodies of five miners have been recovered from the Hillo artisanal mine, and another…
This partnership will form a significant step for launching a series of major projects through the establishment of a Jordanian-Omani investment company in the targeted sectors: official
Muscat: International ratings agency Fitch Ratings has affirmed the Sultanate of Oman’s Long-Term Issuer Default Rating (IDR) at ‘BB+’ with a stable outlook
The change in rating reflects, “increased predictability of policies and decision-making processes affecting non-government issuers given institutional improvements,” the ratings agency said
MUSCAT – The UAE’s tourism sector contributed AED220 billion to the GDP in 2023, accounting for 11.7 percent of the overall economy, This upward trend is expected to continue in 2024, with projections indicating the sector will reach AED236 billion and account for an even greater share of the GDP at 12 percent.
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