Oman Sees 5.9% Growth In Foreign Direct Investment

Oman Sees 5.9% Growth In Foreign Direct Investment

Muscat: The Sultanate marked an increment of 5.9 per cent in the volume of its foreign direct investment (FDI) in the first three months leading up to March in 2020.

A statement issued by the Oman News Agency revealed that there was an “increase in the volume of foreign direct investment in the first quarter of 2020 by 5.9 per cent to reach a total of RO15.64 billion.”

It added: “The preliminary results of the foreign direct investment performance issued by the National Center for Statistics and Information (NCSI) indicated that foreign investment inflows amounted to RO851 million.”

The United Kingdom was ranked on top of the volume of foreign direct investments in Oman in the time period. The report stated that UK investments had touched RO7.544 million.

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