Oman ranks 11th in Global Entrepreneurship Index

Oman ranks 11th in Global Entrepreneurship Index

The Sultanate of Oman was ranked 11th in the Global Entrepreneurship Index out of 49 countries in the Global Entrepreneurship Monitor (GEM) Report 2023/2024, advancing 27 ranks from its position in 2022/2023. The Authority of Small and Medium Enterprises Development...
Oman’s economy poised for rebound in 2024, IMF says

Oman’s economy poised for rebound in 2024, IMF says

Oman’s economic growth is set to rebound in 2024, supported by higher hydrocarbon production and stronger non-hydrocarbon growth, after softening this year due to oil production cuts, the International Monetary Fund has said. The sultanate’s economy surged 4.3 per...
His Majesty speaks to UK PM Sunak over phone

His Majesty speaks to UK PM Sunak over phone

His Majesty Sultan Haitham bin Tarik on Thursday stressed, during a phone call with the  Prime Minister of the United Kingdom, Rishi Sunak, the necessity of stopping military operations in the Palestinian territories, protecting civilians, and ensuring access to...