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FINANCIAL NEWS
Oman shows great interest in Ethiopia as trade partner
20 Sep 2015
(MENAFN) Oman is showing great interest in the African country, Ethiopia, considering extending its non-oil exports; Oman already had it on its top list of importers, delivering goods worth USD40 million in 2014.
The Sultanate has conducted a market study in Ethiopia to assess the export potential of 59 Omani products, and it’s worth mentioning that the main export items from Oman to Ethiopia include semi-finished goods, iron and polymers.
The Ethiopian market’s potential is huge as the nation’s overall exports are USD5.7 billion, while its imports are USD22 billion, and its main business partners are China, Saudi Arabia and the United States.
Moreover, The Ethiopian economy is expanding at a rapid pace, with its net domestic product estimated at USD54 billion, and its per capita income projected to be USD568 in the previous year.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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