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Outlook for Omani debt.
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DOI: 10.1108/OXAN-DB242732
ISSN: 2633-304X
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Geographic
Topical
Leading international credit ratings agencies had upgraded their outlook for Oman in early 2023. Positive reviews reflect the sultanate’s improved financial performance in 2022…
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DOI: 10.1108/OXAN-DB280281
ISSN: 2633-304X
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Geographic
Topical
With oil income declining (because of both the depressed global price and OPEC+ cuts pegging its 1-million-barrels-per-day (b/d) capacity back to 722,000 b/d), Oman has in October…
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DOI: 10.1108/OXAN-DB257148
ISSN: 2633-304X
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Geographic
Topical
The Gulf state’s finances had been under pressure for some time, with steadily rising debt levels and only fitful progress towards economic diversification. It can now look…
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DOI: 10.1108/OXAN-DB268815
ISSN: 2633-304X
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Geographic
Topical
The withdrawal came with neither notice nor any obvious precipitating event, and is ultimately more a piece of political showmanship than a decision rooted in fiscal calculation…
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DOI: 10.1108/OXAN-DB240427
ISSN: 2633-304X
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Geographic
Topical
Low oil price impact on Maghreb states.
Many welcomed the decision, believing it reflected the authorities’ acknowledgement of social realities. The decision also builds on other changes to state-society relations, such…
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DOI: 10.1108/OXAN-DB279486
ISSN: 2633-304X
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Geographic
Topical
The United Arab Emirates (UAE) economy is increasingly diversified, not least with the imposition of VAT since January 1 -- albeit at a low initial level of 5%. Fiscal…
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DOI: 10.1108/OXAN-DB229164
ISSN: 2633-304X
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Geographic
Topical
His statement contrasts with broader regional trends. The six states of the Gulf Cooperation Council (GCC) have been overbanked for many years, but buoyant economies provided a…
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DOI: 10.1108/OXAN-DB217451
ISSN: 2633-304X
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Geographic
Topical
The wage scale law was cast into question when a contentious tax hike law intended to fund it was annulled by the Constitutional Council on September 22, partly on the grounds…