Category: ECONOMY

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.

Oman’s GDP falls 14.2 per cent in first half of 2015

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 […]

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Oman’s net electricity production rises 13.2 percent Jan-Nov 2015

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).

Slow start to 2016 for EMEA high-yield markets: Moody’s

2016 has started slowly for the high-yield bond market in Europe, the Middle East and Africa as the positive effect of continued euro area quantitative easing is offset by Chinese stock market volatility and continued downward pressure on commodity prices, says Moody’s Investors Service in the October edition of “High Yield Interest — European Edition”.