MUSCAT: Foreign Direct Investment (FDI) in the Sultanate for the year 2018 stood at OMR 10.56 billion, recording a growth of OMR 1.36 billion from the same period of the previous year, according to the data issued by the National Centre for Statistics and Information (NCSI). 

The United Kingdom (UK) topped the list of countries with foreign direct investment in the Sultanate in 2018, reaching OMR 5.27 billion, followed by the United Arab Emirates (UAE) and the United States of America (USA) at RO 1.02 billion and OMR 819.7 million, respectively. The FDI from Kuwait and Qatar for the year 2018 stood at OMR 441 million and OMR 391.6 million, respectively, according to NCSI data.

The FDI from Bahrain, India, the Netherlands and Switzerland for 2018 were OMR 273.3 million, OMR 247.3 million, OMR 240.2 million and OMR 222.6 million, respectively. 

The FDI from other countries accounted for OMR 1.63 billion. Oil and gas sector received the bulk of FDI at the end of second quarter of 2018, reaching RO 6.14 billion, followed by the financial sector at OMR 1.48 billion. FDI in the manufacturing sector stood at OMR 1.27 billion, real estate sector, including renting and business activities got OMR 671.5 million and other activities accounted for RO one billion. – Oman News Agency 

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