Fitch Ratings has projected the public debt to fall to 36% of GDP in 2023 and stabilise at around 35% in 2024 and 2025.
Omani economy witnessed a remarkable improvement during the first half of 2023, said H.E. Dr. Said Mohammed Al Saqri. Minister of Economy, at the opening of the media meet today.
This surge is attributed to both a strategic increase in hydrocarbon production and the development of new natural gas fields.
The grand inauguration of BankDhofar’s 100th branch is a testament to its unwavering dedication to expand its presence and deliver top-notch financial services throughout the Sultanate of Oman
Commencing with a gentle tempo, the Panchavadhyam performance gradually built-up momentum, eventually reaching a breathtaking crescendo that had the audience fully immersed and enraptured by the music.
With this agreement, Al Qalaf Marine will serve as the exclusive distributor of AMPRO AQUA 4S four stroke marine engine oil across the Sultanate of Oman
The brunch is available every Saturday from 11:30 AM to 3:30 PM, making it the perfect weekend treat for friends and family.
As part of its endeavor to make the services of opening children saving accounts accessible to customers, Bank Muscat has partnered with Lulu Hypermarket Oman, one of the biggest retail chains, by allocating specific Kiosks in various LuLu Hypermarket locations across the Sultanate.
The Board of Directors, further, discussed the requests submitted to extend the exemption period from paying usufruct fees for some local companies in the zones supervised by OPAZ and actions were taken accordingly.
The project is expected to be completed in the first quarter of 2024.
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