UAE's non-oil trade exchange with Oman records AED 48bn in 2019

SectorFinancial Markets


November 2020 01:24 PM UAE – Mubasher: The non-oil trade exchange between the UAE and Oman amounted to AED 48 billion ($13.06 billion) in 2019, the UAE Ministry of Finance announced. The value of real estate properties owned by 3,993 Omanis in the UAE reached AED 14 billion in 2019. Oman has dedicated 68% of its real estate transactions for the commercial sector in 2019. Meanwhile, the Omani capital in public joint-stock companies registered at the Securities and Commodities Authority (SCA) is valued at AED 1.8 billion, with 23,000 Omani investors. more...