Oman
Economy
Despite escalating unrest across the Middle East and North Africa (MENA) region, we stand by our view that Oman's economy will weather the political crisis relatively well, and forecast...
2011-04-15Economy
Despite rising during the second half of 2010, we are expecting Omani inflation to moderate during 2011. Consumer price inflation hit a recent peak of 4.2% y-o-y in September, driven...
2011-03-01Economy
Despite rising during the second half of 2010, we are expecting Omani inflation to moderate during 2011. Consumer price inflation hit a recent peak of 4.2% y-o-y in September, driven...
2011-01-04Economy
The US is seeking to use Oman's political relations with Iran to influence the Islamic Republic's stance on its nuclear programme, and on the fate of US citizens currently held in Iran....
2011-01-04Economy
The Omani government's clampdown on illegal foreign workers is seemingly spreading to include restrictions on legal expatriate residents. According to local news reports, various provincial...
2010-09-24Economy
Oman's foreign exchange reserves are on the rise, thanks in large part to higher oil prices, compared with 2009. We are forecasting forex reserves to hit US$13.4bn by the end of 2010,...
2010-09-24Economy
With oil and gas accounting for around 75.0% of Oman's total exports, we hold on to our positive outlook regarding its further economic development over the medium-term and forecast...
2010-08-10Economy
The advantages to launching a GCC single currency in the current uncertain global macroeconomic climate are limited, and we do not expect a revival of the shelved project any time soon....
2010-06-14Economy
BMI View: Our outlook for the OPEC basket price to average around US$83/bbl in 2010 will bring up oil export revenues from Oman to a y-o-y increase of around 49.1%. Oman's Ministry...
2010-05-18Economy
With the completion of its Founding Congress, the General Federation of Oman Trade Unions (GFOTU) was established in February, following nearly two years of delays. Fifty Omani trade...
2010-03-23



