Tags :Oman

Energy Featured News Regional

Oman to increase Oil production between 50,000-100,000 barrels per day

Global Business Magazine June 8, 2022

New oil discoveries in Oman is expected to increase the production by 50,000 to 100,000 barrels in the next two or three years.Read More

Economy Featured News Regional

GCC economies set to grow by 5.9% in 2022

Global Business Magazine June 7, 2022

The economies of the Gulf Cooperation Council (GCC) are projected to expand by 5.9% overall in 2022, with this recovery likely to continue in Read More

Finance News World

Saudi stocks up on the back of rising oil prices

Global Business Magazine June 6, 2022

Shares in Saudi Arabia rose in early trade on Monday, as oil prices bounced back after the country hiked prices for its Read More

Economy Featured News Regional

The UAE’s real GDP is expected to grow at a

Global Business Magazine June 1, 2022

On Monday, the United Arab Emirates’ central bank said in its annual report that the UAE’s real GDP grew by 3.8 percent Read More

Economy Featured News Regional

Russia-Ukraine war impacts GCC economies, says IMF

Global Business Magazine April 26, 2022

The ongoing Russia-Ukraine conflict has taken a toll on growth of economies of the GCC countries, according to the International Monetary Fund (Read More

Banking Featured News Regional

Net Profits of GCC Banks Register 40% Growth in 2021

Global Business Magazine April 11, 2022

The total net profits of the GCC banks soared to reach $35 billion, recording a growth of 40% in 2021 compared with $25 billion in 2020.Read More

Business Featured News Regional

Hatta land port linking UAE and Oman opened

Global Business Magazine March 21, 2022

The Royal Oman Police (ROP) has announced the opening of Hatta land port that connect between Oman and UAE at the new Read More

Economy Featured News Regional

Bahrain happiest country and UAE follows in the GCC region

Global Business Magazine March 21, 2022

Four of the six countries in the Gulf Cooperation Council (GCC) have been ranked among the happiest countries in the world, according Read More

Business Featured News Regional

In next five years, Oman plans to list 35 state-owned

Global Business Magazine March 16, 2022

Oman is a country in Western Asia. It occupies the southeastern coast of the Arabian Peninsula at the confluence of the Persian Read More

Finance News Regional

Higher oil prices boost Gulf markets, Aramco hits record high

Global Business Magazine March 3, 2022

Middle East stock markets rose on Thursday boosted by energy and commodity linked assets as oil prices neared $120 a barrel and the Read More

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