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Oman

Oman Articles

Economy

BMI View: The budget will remain in surplus from 2006-2009, but slip into a small deficit (0.1% of GDP) in 2010, as oil prices and production fall, cutting government revenues.

2006-09-20

Economy

BMI View: Growth is projected to rise to 4.6% this year, and fall gradually to 2.8% by 2010, on the back of lower oil prices, which will feed through into lower consumer and government... 2006-09-11


Economy

Oman has once again demonstrated strong political stability, seeing little in the way of the marches and demonstrations in favour of Hizbollah that have sprung up across the rest... 2006-08-31


Economy

We see real GDP growth coming in at 4.3% this year, on the back of a pick-up in oil and gas growth (3.8% in 2006, compared with a 1.3% contraction in 2005), alongside continued robust... 2006-08-31


Economy

BMI View: As new figures confirm the gradual decline in Omani oil reserves, the emirate's drive to diversify its economy, through tourism amongst other things, is more important... 2006-08-25


Economy

In BMI's business environment rankings, the average score for the 14 Middle Eastern states surveyed is 51.9, just above the global average of 48.8. This suggests that as a whole,... 2006-07-26


Economy

BMI View: We have revised up our forecasts for Oman's current account surplus, in the light of our new oil price assumptions, which see the OPEC basket averaging US$61.5/bbl in 2006,... 2006-07-24


Economy

New labour laws improving workers' rights should add to an already stable political environment, as discontent over work conditions has been linked to anti-government sentiment and... 2006-07-24


Economy

BMI View: The FTA agreement with the US bodes well for Oman's economic diversification process, as well as progress in democratic reforms. While it may stir up some resentment in... 2006-07-21


Political Risk

'An oasis' was how the British ambassador described Oman in a recent press interview, in reference to the country's reputation for political stability in an increasingly unstable... 2006-06-16

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