FINANCIAL NEWS

Oman’s foreign investments up 36.5%

15 Jun 2013

(MENAFN) The Sultanate’s foreign investments rose 36.5 per cent to OMR5.48 billion by the end of 2011 compared to 2010, according to data released by the National Centre for Information and Statistics (NCSI).

Omani investment abroad includes investment made by both Omani companies, as well as resident companies.

The largest outward foreign investment type was ‘Other Investments’, such as trade credit, loans and project finance, totalling 43.5 per cent of overall Omani investment abroad during 2011; while direct investment and portfolio investment reached 33.9 per cent and 22 per cent, respectively, of the Sultanate’s total investment abroad.

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