Oman Records 7% Increase in Foreign Direct Investment Projects in 2019

Foreign Direct Investment (FDI) projects in the Sultanate of Oman have increased by 7% year-over-year in 2019 and stood at 61 projects, according to the 35th annual report on the investment climate in Arab states by the Arab Investment and Export Credit Guarantee Corporation (Dhaman). Commenting on the increase in FDIs, Dhaman stated that Oman’s FDIs have increased from USD 2.577 billion to USD 31.332 billion during 2000 to 2019. 

Dhaman also stated that Oman accounts for 6% of the quotas of Arab countries in terms of FDIs and added that Oman holds an advanced position in the global "Ease of Business Ranking", ranking 5th in the Arab region and 68th globally.

In addition, Dhama...