Economy

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Articles & Analysis | Dubai in figures: from The Report: Dubai 2018

Dubai saw steady GDP growth of 3.2% in 2017 and is expected to reach 3.5% in 2018, with an increased drive towards consolidating its position as a knowledge-based economy. The emirate is among the most diversified in the region, thanks to factors such as a highly attractive business environment that has brought in large amounts of foreign investment...

 

Agriculture & Fisheries 2469 6300 Awqaf & Religious Affairs 2464 4999 Capital Market Authority 2482 3100 Central Bank of Oman 2477 7777 Civil Aviation 2435 4488 Civil Services 2468 9999 Commerce & Industry 2485 8444 Defence 2433 3361 Diwan of Royal Court 2474 2000 Education 2477 3000 Finance 2461 5833 Foreign Affairs 2469 9500...

 

LANGUAGE: Similar to other GCC member states, Arabic is the official language of Oman, although English is widely spoken and understood. Using English to get around or conduct business in the capital, Muscat, or other hubs such as Sohar or Salalah, is relatively easy. Locals do appreciate the...

 

CRYSTAL SUITES PO Box 566 Wadi Al Kabir T: +968 2482 6100 F: +968 2482 6116 info@crystalsuites.om www.crystalsuites.om Rooms: 75 well-furnished suites, including family, executive, junior and business suites. Business & Conference Facilities: All essential facilities, high-speed Wi-Fi, business centre, LCD projector/screen, audiovisual...

 

Located in the south-eastern quarter of the Arabian Peninsula, Oman is the only member of the GCC situated outside of the Gulf. Leveraging its strategic location, Oman has invested in infrastructure with the goal of becoming a global logistics centre. While the country is less hydrocarbons-rich than its GCC neighbours, diversification efforts...

 

Oman’s oil output fell by 3.7% year-on-year (y-o-y) in the first 10 months of 2017, with production averaging 970,000 barrels per day (bpd), down from 1m bpd in the same period of 2016. However, an improvement in average prices saw oil earnings rise by 32%, according to the National Centre for Statistics and Information.

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