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FINANCIAL NEWS
FDI hikes in Oman
20 Aug 2013
(MENAFN) The value of foreign direct investment (FDI) increased in Oman to USD33 billion in 2011 from USD29.8 billion the year before it, Times of Oman reported.
The increase of investment flow was at 10.4 percent hitting USD3 billion.
The two most investing countries in the Sultanate are the UK and the UAE. UK investment jumped to USD6 billion in 2011 from USD5.1 billion, 89 percent of which are in the oil and gas sector. UAE investment was at USD2.5 billion in 2011 focusing on manufacturing.
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