20 Hrs
Source:
أثير
Investment raises share and signals Omani growth
Oman's Sultanate has witnessed a clear trend toward strengthening the national economy by diversifying income sources and investing in promising sectors. The Oman Investment Authority has signed an agreement with the Chinese company "Temple Water," aiming to invest 25% of the Innovation Fund's capital to enhance investments within the Sultanate, while providing a platform that connects tech companies in Hong Kong and China with growth opportunities in Oman. Non-oil exports also grew by 11.4% during the first half of 2026, reaching approximately 3.6 billion Omani rials, with a diversified commodity structure encompassing minerals, chemical industries, and fisheries. In the tourism sector, the number of visitors increased to over 4 million in 2025, accompanied by a notable rise in spending and hotel occupancy. Meanwhile, the artificial intelligence sector experienced substantial growth of 91%, with the number of companies reaching 42. Lastly, the number of visitors to the Salalah Khareef Festival rose by 8.6%, the Oman rial exchange rate index increased by 4.5%, and domestic liquidity expanded by 15.4%.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)