Oman’s GDP is expected to grow by 3.4% in 2025, surpassing the performance of many global economies, according to Qais bin Mohammed Al Yousef, Minister of Commerce, Industry, and Investment Promotion. Speaking at the opening of the Advantage Oman Forum on April 27 in Muscat, Al Yousef described the forecast as a reflection of the national economy’s resilience and growing international market confidence.
He also noted that foreign direct investment (FDI) inflows rose by 16.2% in the third quarter of 2024 compared to the same period in 2023. In addition, Standard & Poor’s upgraded Oman’s credit rating to BBB- with a stable outlook, further reinforcing the country’s positive economic trajectory.
Organised by the Ministry of Commerce, Industry, and Investment Promotion, the Advantage Oman Forum gathered more than 250 senior officials, business leaders, and regional and international investors, reinforcing Oman’s growing reputation as an attractive investment hub.
Al Yousef highlighted that the forum represents a first-of-its-kind strategic platform for Oman, taking place as the country experiences steady growth in economic and investment sectors, backed by improving global indicators.
(Source: WAM)
