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Oman to witness an annual food consumption growth of 4.6% until...

The GCC Food Industry Report, published by Alpen Capital (ME) Limited – an investment banking advisory firm – forecasts steady growth for the food...

Oman’s state budget deficit sees 53% drop in first half of...

The Sultanate’s state budget deficit has seen a 53% drop with the deficit at OMR 0.66bn (660mn) as compared to OMR1.4bn for the same...

IMF Calls for Expeditious Introduction of VAT in Oman

Quick Take: Oman’s economic activity is gradually recovering Non-hydrocarbon growth is projected to increase gradually over the medium term Private sector credit growth has...

China’s fourth quarter slips to 6.4%

In the three months to December, the economy of China grew 6.4% from a year earlier, down from 6.5% in the previous quarter. For the...

Oman’s GDP declines by 14 per cent

The Sultanate’s Gross Domestic Product (GDP) at market prices registered a decline of 14.2% over the first three quarters of 2015 at RO 20,088.2 million, compared with RO 23,406.0 million in the same period of 2014.

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