economic

Salalah Free Zone Attracts RO44mn Investment in Five New Deals

Salalah Free Zone has inked five new investment deals worth RO44mn, involving investors from Kuwait, Iraq, Jordan, and Hong Kong.…

2 years ago

Oman’s Fiscal Turnaround, A Deep Dive into the 2023 Debt Reduction and 2024 Budgetary Plans

In a noteworthy fiscal turnaround, Oman's public debt has seen a substantial reduction, dropping to 35% of the GDP in…

2 years ago

Bank of England Holds Steady Amidst Economic Challenges

The Bank of England's recent decision to maintain historically high-interest rates reflects its commitment to navigating a challenging economic landscape.…

2 years ago

Redefining the Bank of England’s Role-A Deeper Look at the Resolution Foundation’s Proposals

The Resolution Foundation's bold proposals for reshaping the Bank of England's role could mark a significant turning point in the…

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

Economic Resilience Amidst Oil Output Cuts: GCC Growth Prospects

The Gulf Cooperation Council (GCC) economies faced an intricate economic landscape in the second quarter of 2023, marked by reduced…

2 years ago

Brazil-Arab Trade Continues to Flourish, Bilateral Commerce Hits $10.61 Billion in 2023

Brazil's robust trade relationship with the Arab world is flourishing, as evident from an eight percent surge in Brazilian exports…

2 years ago

US-ASEAN Business Council and Philippines Forge Defense Partnership Amidst Rising Tensions

The United States-Asean Business Council (US-ABC) is taking a proactive stance by engaging in a collaborative effort with the Philippines…

2 years ago

Thailand’s New Prime Minister Pledges Swift Action on Economic Challenges

In his inaugural address to Parliament, Thailand's new Prime Minister, Srettha Thavisin, has set a proactive agenda for addressing the…

2 years ago

Morocco’s Central Bank Governor Promotes Multilateralism Amidst Global Challenges

Morocco's central bank governor, Abdellatif Jouahri, has issued a compelling call to return to multilateralism as the world grapples with…

2 years ago