GulfBase Live Support
06/10/2025 04:59 AST
Oman's trade balance recorded a surplus of RO3.55bn by the end of July 2025, compared with RO5.43bn in the same period of 2024 - a decline of 34.6%, according to preliminary data from the National Centre for Statistics and Information (NCSI).
The total value of commodity exports stood at RO13.48bn, down 9.2% from RO14.84bn a year earlier. The drop was mainly due to a 17% fall in oil and gas exports, which declined to RO8.58bn from RO10.34bn.
Non-oil commodity exports, however, rose 11.3% to RO3.89bn, against RO3.50bn in the same period of 2024. Re-exports also edged up 0.5% to RO1.04bn from RO999mn. Commodity imports increased 5.5% to RO9.92bn by the end of July 2025, compared with RO9.41bn in the same period last year.
The United Arab Emirates was Oman's top non-oil trade partner, with exports to the UAE reaching RO698mn, up 27.8%. The UAE also led in re-exports at RO 394mn and in imports at RO 2.34bn.
Saudi Arabia ranked second for non-oil exports at RO653mn, followed by India at RO398mn. In re-exports, Iran stood second at RO179mn, with Saudi Arabia third at RO80mn.
For imports, China came second after the UAE, with RO1.05bn, followed by Kuwait at RO914mn.
Muscat Daily
Ticker | Price | Volume |
---|
06/10/2025
Total assets of Islamic banks and windows combined amounted to approximately OMR9.1 billion by the end of July 2025, representing 19.7 percent of the total assets of the banking sector in the Sultana
Times of Oman
06/10/2025
Invest Oman, representing the Ministry of Commerce, Industry and Investment Promotion, is organising the Advantage Oman" Business Dialogue- Indonesia", bringing together a select group of prominent
ONA
06/10/2025
QatarEnergy agreed with Shell to acquire a 27% participating interest in a block offshore Egypt from the oil and gas major, it said in a statement on Sunday.
QatarEnergy has in recent years
Asharq Al Awsat
06/10/2025
Saudi Arabia has opened subscriptions for its October issuance of the government-backed "Sah" savings sukuk, offering investors an annual return of 4.83 percent, slightly lower than the 4.88 percent
Arab News
06/10/2025
Oman's gross domestic product at current prices grew by 0.6 percent in the second quarter of 2025, reaching 10.17 billion Omani rials ($26.4 billion) compared to 10.10 billion rials during the same p
Arab News