Oman’s Tourism Revenues Reach $5.5 Billion in 2024, Reinforcing Economic Diversification Goals
Oman’s tourism sector generated over $5.51 billion in 2024, rising from $4.55 billion in 2018, according to official data. This...
Economy
UAE Launches New AI-Powered Strategic Planning Cycle Aligned with 2031 Vision
The UAE government has launched a revamped strategic planning cycle for federal entities, with artificial intelligence (AI) placed at the...
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),...
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...
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