According to new U.S. Government data analyzed by the National U.S.-Arab Chamber of Commerce (NUSACC), exports of U.S. goods to the Middle East and North Africa (MENA) region fell in 2015 to $67.4 billion from $71.4 billion in 2014, a decline of 5.6 percent. This is the first time since 2010 that sales of U.S. […]
The 2016 budget aims to stimulate economic growth and spending on high-priority socio-economic and development projects, while continuing to provide support and a positive environment for growth and investment in the private sector.
Private deposits at commercial banks in the Sultanate as at the end of November 2015 rose by 4.3 percent to RO 11,639.5 million compared to RO 11,155.5 million in the corresponding period last year, according to a monthly statistical bulletin published by the Central Bank of Oman (CBO).
Moody’s Investors Service said that global issuance of green bonds could surpass $50 billion in 2016, exceeding the $42.4 billion recorded in 2015, which was also the highest level for such bonds since they first appeared in 2007.
Iran (unrated) has significant economic growth potential, and structural reforms have helped strengthen its fiscal foundation, Moody’s Investors Service has said in a report published today.
Oil fell on Monday as weak economic data from China, the world’s largest energy consumer, weighed on prices and an Opec source played down talk of an emergency meeting to stem the decline.
The final quarter (Q4) of 2015 echoed the sluggish IPO performance in Q3 proving that 2015 was a volatile year for IPOs in the GCC countries.
Oman’s nominal gross domestic product (GDP) fell 14.2 per cent during the first half of 2015, compared to the same period last year, due to lower crude oil prices in global markets and subdued global growth, according to the monthly report issued by the Central Bank of Oman (CBO). The petroleum sector (in GDP) declined […]
The Sultanate’s net electricity production by the end of November 2015 registered a growth of 13.2% year-on-year reaching 30,296.9 GW/H from 26,771.9 GW/H over the same period of 2014, according to the data released by the National Centre for Statistics and Information (NCSI).