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Oman Economy
Oman’s revenue tops $11 billion in 4 months
The ministry attributed the increase mainly to the increase in net oil revenue and current revenue of 53% and 27% of total government revenue,...
Moody’s raises Oman’s rating to Ba2 with a positive outlook
"The increase reflects the improvement in Oman's debt burden and debt sustainability indicators in 2022, mainly due to large windfall gains from oil and...
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US tariffs escalate tensions with China, impact global markets
The United States’ imposition of 145% tariffs on Chinese exports has intensified trade tensions with Beijing, triggering retaliatory measures and roiling global financial markets,...
Israeli airstrikes kill dozens in Gaza, worsen humanitarian crisis
Israeli airstrikes on the Al-Mawasi area, a designated "humanitarian zone" in southern Gaza, killed at least 10 Palestinians and injured dozens on April 23,...
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