Please wait...
GulfBase Live Support
- Trump's Saudi Arabia visit heralds a new era of economic diplomacy
- ATC holds its AGM, approves a 20% bonus share distribution
- Zain Group Q1 net profit soars 66% YoY to $157m; revenue grows 15% to $1.74bn
- Bahrain All Share Index closes lower
- Real estate transactions in Oman exceed OMR572 million at end of March 2025
- Tax Authority, Omantel sign agreement to implement electronic invoicing system
- Contracts signed to implement 9 environment-friendly projects in 7 nature reserves
- Emaar Properties Q1 revenue tops AED10bn, up 50%
- OQEP signs RO21mn contracts with local firms
- Al Muhaidib Group tops Forbes Arab Family Businesses list
13/05/2025 03:04 AST
The traded value of real estate transactions in the Sultanate of Oman fell by 2.5% to OMR572.7 million till the end of March 2025, compared to OMR587.5 million in the same period of 2024, according to the latest data released by the National Centre for Statistics and Information (NCSI).
According to preliminary statistics issued by the NCSI, fees collected of all legal action's transactions amounted to OMR18.3 million till the end of March 2025, constituting an increase of 10.6% compared to OMR16.5 million by the end of March 2024.
The traded value of sale contracts reached OMR252.4 million till the end of March 2025, and the number of sale contracts fell by 6.3% to 15,815, compared to 16,877 in the same period of 2024.
The value of mortgage contracts rose by 5.8% till the end of March 2025 to OMR317.1 million compared to OMR299.8 million during the same period of 2024. Meanwhile, the number of mortgage contracts rose by 10% to 5,344 contracts from 4,858 contracts in the same period of 2024.
The value of traded barter contracts rose by 12.2% to OMR3.2 million till the end of March 2025 compared to OMR2.8 million in the same period of 2024. The number of barter contracts fell by 7.6% to reach 354 contracts till the end of March 2025 compared to 383 contracts in March 2024.
The number of properties issued by the end of March 2025 fell by 3.1% to 55,378 by the end of March 2025, compared to 57,167 properties during the same period in 2024, and the number of properties issued to citizens of GCC countries also decreased by 13.3% reaching 280 compared to 323 till the end of March 2024.
ONA
| Ticker | Price | Volume |
|---|
13/05/2025
Investor confidence in Saudi Arabia's hospitality sector is being reinforced by tangible progress on Vision 2030 goals, including accelerating international interest and a surge in hotel signings, a
Arab News
13/05/2025
As President Donald Trump embarks on the first and, arguably, the most significant overseas tour of his second term, both the US and Saudi Arabia are eyeing investments worth billions of dollars.
Arab News
13/05/2025
Nine contracts were signed in Muscat today for the establishment of environmental investment projects in seven nature reserves. The projects aim to promote sustainable development, protect ecosystems
ONA
13/05/2025
Saudi Arabia's Al Muhaidib Group, led by Group Chairman Sulaiman Al Muhaidib, takes the top spot in the Forbes Middle East Top 100 Arab Family Businesses 2025 list, rising rising from eighth place la
Trade Arabia
13/05/2025
The economies of the Middle East are expected to indirectly benefit from the US-China tariff truce announced on Monday, analysts say.
The US and China said on Monday they agreed to temporari
Khaleej Times
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia