Foreign direct investment in Oman exceeds RO 27 billion

Foreign direct investment in Oman exceeds RO 27 billion

The volume of foreign direct investment (FDI) in the Sultanate of Oman, by the end of 2022, reached RO 27,134.9 million with investment flow that constituted 4.8 percent of Gross Domestic Product at current prices against foreign investment of RO 25,089.1 million by the end of 2021

The post Foreign direct investment in Oman exceeds RO 27 billion appeared first on The Arabian Stories News.Muscat – According to the preliminary data issued by the National Centre for Statistics and Information (NCSI), FDI constituted 75.9 percent of total foreign investment by the end of 2022.Foreign investment in financial derivatives constituted RO 52.2 million with inflow of RO 1.3 million. Meanwhile, other foreign investment reached RO 5,642.2 million with inflows of RO 343.2 million.The oil and gas activities bagged 56.4 percent of total foreign investment with a total value of RO 15,320.7 million compared to RO 5,558.9 million for the financial brokerage activity, RO 2,373.4 million for converting industries and RO 1,617.9 million for the transportation, storage and communications activity.Further, total foreign investment in the activities of real estate, leasing and commercial projects reached RO 1,112.9 million, while foreign investment in other activities reached RO 1,151.1 million.FDI distribution over various sectors stood as