UAE’s non-oil trade exchange with Oman records AED 48bn in 2019
- Date: 17-Nov-2020
- Source: Mubasher
- Sector:Financial Markets
- Country:UAE
UAE’s non-oil trade exchange with Oman records AED 48bn in 2019
17 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.