Moderate growth seen in Bahrain, Oman, Qatar
Economic growth in Bahrain, Oman, and Qatar is forecast to proceed at a moderate pace on average in 2024 and 2025 on decent projected growth in non-oil activity, says a report
Source: tradearabia.com
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Oman Future Fund established to attract more investors
His Highness Sayyid Bilarab bin Haitham Al Said, Honourary President of the Programme of Omani Promising Startups (POPS) on Monday chaired the first meeting of the programme's Supervisory Committee this year.
Source: timesofoman.com
Government-owned Oman Investment Bank launches in Muscat as Oman's 1st dedicated Corporate Investment Bank I Times of Oman
Headquartered at Dana House in Muscat’s Al Khuwair district
Source: timesofoman.com
Fitch: Oman Budget Signals Slower Debt Reduction, Increased Social Spending
Fitch Ratings Agency reported on Tuesday that the Sultanate of Oman's budget for the current fiscal year signals that the authorities will continue repaying government debt. This helps bolster the state's resilience in the event of potential shocks. However, Fitch noted that the trajectory of debt reduction in 2024 is expected to be tempered by an uptick in social spending.
Source: aawsat.com
OIA officially launches Oman Future Fund I Times of Oman
The fund will be subject to the governance in force in the Authority
Source: timesofoman.com