Oman

The Ministry of Manpower announced an extension of the December 2009 amnesty for illegal foreign workers until end-March. The decision will allow an estimated 125,000-200,000 (out... 2010-02-26

BMI View: Banks will have been conservative in Q409 results to allow themselves to start 2010 with a clean sheet. However, nasty surprises, particularly from Dubai, could derail even... 2010-01-27

BMI View: Oman's remarkable oil production increase this year has proved timely, and with oil prices rising, we have revised up our GDP forecast for 2009.

BMI View: With much of the country's policy effort focused on external affairs, the only pressure points are in the social realm - dealing with human trafficking and tackling swine... 2009-09-14

BMI View: Qaboos has become Iran's main interlocutor with the outside world, a controversial policy that plays to Oman's strategic interests and may afford the sultanate a more prominent... 2009-09-14

BMI View: Spending is increasing as the government commits to support economic activity in the regional downturn. The result is a small fiscal deficit, but nothing to be overly concerned... 2009-09-14

BMI View: Inflation is under control, though the tight credit conditions and low oil prices which have caused the decline were returning to pre-crisis levels as of late summer, and... 2009-09-14

The issue of the Islamic Development Bank's US$850mn sukuk - priced at a very reasonable 40bps over mid-swaps - has been hailed as a symbol of the credit markets' recovery . We are... 2009-09-10

BMI View: Higher oil prices will reduce the fiscal deficit, but at the current rate, the government looks likely to overspend on its 2009 budget, and we have not reduced our debt... 2009-07-23

July 23 marked the 39th anniversary of Sultan Qaboos' accession to the throne, the occasion known as Renaissance Day. The Omani media celebrated with a fairly predictable series of... 2009-07-23