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GCC Remittances Reach Record $161 billion as Expatriate Employment Drives Strong Growth

GCC remittances reached a record $161 billion in 2025 as expatriate employment continued expanding. The combined figure marked the highest outward worker remittance total...
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GCC Finance Ministers Strengthen Economic Cooperation and Regional Financial Coordination

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How Did the U.S.–Iran Conflict Reshape the Gulf Economy, Oil Markets, Global Trade and International Investment?

The Gulf economy is facing growing pressure from the U.S.-Iran conflict and wider global market uncertainty. Energy prices, shipping, investment, and trade are facing...
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Oman Islamic Banking Assets Surpass $26 billion as Financing and Deposits Continue to Grow

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GCC Remittances Reach Record $161 billion as Expatriate Employment Drives Strong Growth

GCC remittances reached a record $161 billion in 2025 as expatriate employment continued expanding. The combined figure marked the highest outward worker remittance total...

More News

GCC Remittances Reach Record $161 billion as Expatriate Employment Drives Strong Growth

GCC remittances reached a record $161 billion in 2025 as expatriate employment continued expanding. The combined figure marked the highest outward worker remittance total...

GCC Finance Ministers Strengthen Economic Cooperation and Regional Financial Coordination

GCC economic cooperation took center stage as Gulf finance ministers met in Bahrain to discuss regional financial coordination. The meeting brought together finance ministers...

How Did the U.S.–Iran Conflict Reshape the Gulf Economy, Oil Markets, Global Trade and International Investment?

The Gulf economy is facing growing pressure from the U.S.-Iran conflict and wider global market uncertainty. Energy prices, shipping, investment, and trade are facing...

Explore more

GCC Remittances Reach Record $161 billion as Expatriate Employment Drives Strong Growth

GCC remittances reached a record $161 billion in 2025 as expatriate employment continued expanding. The combined figure marked the highest outward worker remittance total...

GCC Finance Ministers Strengthen Economic Cooperation and Regional Financial Coordination

GCC economic cooperation took center stage as Gulf finance ministers met in Bahrain to discuss regional financial coordination. The meeting brought together finance ministers...

How Did the U.S.–Iran Conflict Reshape the Gulf Economy, Oil Markets, Global Trade and International Investment?

The Gulf economy is facing growing pressure from the U.S.-Iran conflict and wider global market uncertainty. Energy prices, shipping, investment, and trade are facing...

Oman Islamic Banking Assets Surpass $26 billion as Financing and Deposits Continue to Grow

Islamic banking assets in Oman rose 10.5% year over year by July 2026. Total assets reached 10.1 billion Omani rials, worth about $26.2 billion....

Oman Promotions Scheme Allocates OMR 10 million for Civil Servant Career Advancement Across Government Institutions

Oman promotions will receive OMR 10 million under a new system for civil servants. The Ministry of Labour introduced the framework during a media...

Oman Growth Forecast Rises to 3.5% as S&P Affirms BBB- Rating and Stable Economic Outlook

Oman growth is expected to reach 3.5% in 2026, according to a revised forecast from S&P Global Ratings. The agency also maintained Oman’s long-term...

Oman GDP Growth Set for 3.5% in 2026 and 2027 Amid Strong Economic Activity

Oman GDP growth is expected to reach 3.5% in both 2026 and 2027. Non-oil activity should remain a key source of economic momentum. Meanwhile,...

Oman Air Targets Freighter Business Revival Through Airline Partnerships as Muscat Strengthens Regional Logistics Role

Oman Air cargo plans to rebuild its freighter business through partnerships with other airlines. The carrier wants to expand capacity while limiting financial risks...

How the Iran Conflict Has Reshaped the Gulf Economy, Energy, Tourism and Trade

The Gulf economy has undergone major changes since the Iran conflict began six months ago. Energy, shipping, aviation, property, and tourism have all faced...

Oman Hotel Revenue Falls as European Visitor Numbers Drop in First Half of 2026

Oman tourism faced a challenging first half of 2026 as hotel revenue and visitor numbers declined across the country. Oman tourism remained under pressure...

Maersk Introduces New Surcharge for Ships Passing Through Strait of Hormuz

Maersk surcharge measures have taken effect as the global shipping company introduces new fees for vessels passing through the Strait of Hormuz. The move...

New Oman Air Service Connects Muscat and Singapore to Support Tourism Growth

Oman tourism continues to grow as the country strengthens its presence in Southeast Asia. The latest initiative includes new direct flights between Muscat and...
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