Economic growth

Oman-Etihad Rail Project Advances with Call for Bids

Oman-Etihad Rail Company, a joint venture between Oman Rail and UAE’s Etihad Rail, has significantly developed the Oman-UAE Rail Network.…

2 years ago

Oman LNG’s Flourishing Gas Supply Agreements in 2023 Signal Growth and Global Expansion

Oman LNG's recent surge in gas supply agreements signifies a pivotal moment for the company and Oman's energy landscape. With…

2 years ago

Oman’s Tourism Boom, A Catalyst for Economic Growth and Foreign Exploration

Oman's tourism sector experienced a remarkable resurgence in 2022, with a 47.3% increase in income, soaring to RO1.9 billion. Domestic…

2 years ago

The Delicate Balancing Act of Interest Rates, Bank of England’s Dilemma Amidst Persistent Inflation

Navigating the complexities of persistent inflation, the Bank of England faces a crucial dilemma. While some economists argue for sustained…

2 years ago

PDO’s Nimr Cluster Celebrates Historic Milestone with 1,500th Well Drilled

Petroleum Development Oman (PDO) reaches a significant milestone as it drills its 1,500th well at the Nimr Oil Field, marking…

2 years ago

Philippines Faces Hot Money Outflows Amid Global Economic Uncertainty

Amidst a backdrop of global economic uncertainty, the Philippines has witnessed a notable outflow of speculative funds, totalling $805 million…

2 years ago

Germany’s Battle to End the Ongoing Recession and Energy Crisis

Germany once hailed as an economic powerhouse, now finds itself at a crossroads. Business leaders and experts are sounding the…

2 years ago

Gulf Bank Employees Recognized and Empowered in KFAS Innovation Challenge Program

Gulf Bank's recent recognition of its employees' participation in the KFAS Innovation Challenge Program reflects the organization's unwavering commitment to…

2 years ago

Oman Emerges as a Global Leader in Green Hydrogen Production

Oman is making significant strides in the global green hydrogen market, positioning itself as a leader in sustainable energy production.…

2 years ago

Unlocking Potential in Untapped Sedimentary Basins of Morocco

Predator Oil & Gas Holdings, a Jersey-based oil and gas company, has made a remarkable discovery in Morocco's untapped sedimentary…

2 years ago