Economy

Oman’s Economic Landscape, Navigating the Growth Trajectory in Q3 2023

In Q3 2023, Oman's economy displayed resilience with a 2.2% growth in real GDP, marking a positive rebound from a…

2 years ago

Salalah Free Zone Keeps Growing: A Closer Look at the RO728mn Investments in 2023

In a significant economic milestone, Salalah Free Zone in Oman has witnessed a surge in investments, securing RO728mn in 2023.…

2 years ago

Sohar Port and Freezone, A Pillar of Economic Growth Surpassing $27 Billion in Investments

Sohar Port and Freezone exceptional growth, surpassing $27 billion in investments over two decades, cements its position as a vital…

2 years ago

China’s Industrial Output and Retail Sales Surge, Boosting Recovery Hopes

China's economic outlook shows improvement as industrial output and retail sales beat expectations in October. Industrial output accelerated to 4.6%,…

2 years ago

Navigating Inflation Trends and Fiscal Resilience in Oman

Oman's recent economic landscape reveals a noteworthy decline in inflation, reaching its lowest level since March 2021. The Sultanate's Consumer…

2 years ago

Inflation Eases in October, A Glimmer of Hope for Consumers Amidst Economic Uncertainties

In October, consumer prices in the U.S. rose by 3.2% compared to the previous year, signaling a noteworthy slowdown and…

2 years ago

Assessing Canada’s Economic Challenges Amidst the Threat of Recession

The Canadian economy's recent performance paints a sobering picture, with stagnant GDP figures in August and a looming threat of…

2 years ago

Duqm Economic Forum-Unveiling Oman’s Green Economic Revolution and Investment Potential

The First Duqm Economic Forum has concluded, leaving a remarkable impact on Oman's economic vision. It highlighted the pivotal role…

2 years ago

The Bank of England’s Vigilant Monitoring of Interest Rates Maintains Stability in the Face of Economic Uncertainty

The Bank of England's upcoming interest rate decision underscores the fine balance it must strike in managing inflation and supporting…

2 years ago

India-Middle East-Europe Economic Corridor; A Pathway to Global Connectivity

The India-Middle East-Europe Economic Corridor, an initiative arising from India's G20 presidency, is gaining momentum with international support. This corridor…

2 years ago