The sultanate’s economy is expected to undergo some downward revisions in growth, according to its central bank. Low oil prices have placed pressure on government spending and its fiscal and current account bala [...]

Life lines

Oman is looking to alternative methods of financing and new partnerships to fund its projects as GCC reserves continue to decline [...]

Freedom broker

The Sultanate’s foreign affairs ministry said six people detained by Yemeni security forces in Sana’a had been released and brought to Muscat. The Muscat Daily reported that Sultan Qaboos had facilitated the release of the six - two Americans [...]