What steps is the CBO taking to support liquidity within the banking system?
Oman
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Articles & Analysis | Oman's central bank takes measures to increase liquidity from The Report: Oman 2017
It is nearly a decade since banking sector liquidity was last a significant concern in the GCC, but the precipitous decline of crude oil prices that began in the summer of 2014 has brought the issue to the fore once again. The major role played by the hydrocarbons industry in regional economies means that large alterations to spot prices and...
Interviews & Viewpoints | Khalifa Al Barwani, CEO, National Centre for Statistics and Information (NCSI), on the role of data acquisition and analysis in improving public services and attracting investment: Interview from The Report: Oman 2017
How can accurate information and statistics help attract foreign direct investment (FDI)?
Articles & Analysis | Drawing increased investment is a top priority for Oman from The Report: Oman 2017
Oman is taking steps to attract investors to the sultanate in a bid to diversify its economy away from a reliance on hydrocarbons. These include updating the legal framework for investment while continuing to stress the value of the country’s free zones and economic zones. Foreign direct investment (FDI) inflows to Oman grew to an estimated $822m in 2015, up from $739m in 2014...
Interviews & Viewpoints | AbdulRazak Ali Issa, CEO, Bank Muscat, on developments in the banking and financial sectors: Interview from The Report: Oman 2017
What opportunities do you see for synergy between the financial sectors of Oman and Iran?
Articles & Analysis | Oman continues with tax system reforms from The Report: Oman 2017
Parliament’s vote to raise corporate taxes in May 2016 is among the most significant financial developments in Oman in recent years. A low-tax environment is a key incentive to invest across the GCC, and the tension between drawing growth-promoting investment and maintaining state revenues has made such increases a contentious issue for...