Oman’s GDP Expands 4.7% on Non-Oil Sector Growth
Oman’s gross domestic product at current prices rose 4.7% year-on-year in Q1 2025, reaching USD 27.38 billion (OMR 10.53 billion),...
Economy
Oman Signs $520 Million Salt Mining Deal as Part of Mining Sector Expansion
Oman has finalized a deal worth $520 million (OR200 million) with local firm Global Integrated Engineering to extract salt compounds...
Oman Advances Vision 2040 with 95% of Strategic Programs Underway
Oman’s Ministry of Economy has reported major progress on the Tenth Five-Year Development Plan (2021–2025), aligned with Oman Vision 2040....
Qatar’s Economy to Grow 6.5% by 2027 on LNG Expansion – World Bank
Qatar’s economy is set for robust growth over the next two years, with GDP projected to rise from 2.4% in...
GCC Economic Growth Revised Upward to 4.4% in 2025 Despite Global Trade Tensions
The Gulf Cooperation Council (GCC) economies are poised for stronger-than-expected growth in 2025, defying subdued oil prices and escalating global...
UAE Economy Poised to Grow 5.1% in 2025 — ICAEW
The UAE’s economic outlook remains strong, with GDP projected to grow by 5.1% in 2025, up from 3.8% in 2024,...
UAE’s GDP Reaches $483 Billion in 2024, Fueled by Non-Oil Expansion
The UAE’s real GDP climbed to approximately $483 billion in 2024, posting a 4% increase from the previous year, according...
Oman Unlocks $28.6 Billion to Drive 10th Five-Year Plan
Oman’s Ministry of Economy announced that development allocations under the Tenth Five-Year Plan (2021–2025) have reached approximately $28.6 billion (OMR...
World Bank Forecasts 1.2% Economic Growth for Iraq in 2025
The World Bank has projected that Iraq’s economy will grow by 1.2% in 2025, marking a positive turnaround from the...
IMF Praises Oman’s Reform Momentum Amid Economic Growth
The International Monetary Fund (IMF) has praised Oman for maintaining strong progress on structural reforms and achieving steady economic growth,...
The resource of credible, industry-specific updates