Oman puts 103 countries on visa-free list Image Getty Images

Oman’s fiscal future brightens as S&P boosts outlook to positive

The ratings agency expects Oman’s real GDP to expand by about 2 per cent per year on average during the 2024-2027 period


UAE business tax will help support smaller emirates’ economies, S&P says

The country plans to levy a 9 per cent corporate tax from June 2023

Dubai tourism

Dubai’s tourism sector won’t rebound until late 2022, S&P says

The city is hosting the World Expo 2020 this year, and it hopes to attract millions of tourists

Oman’s first S&P upgrade in over a decade may be on the cards

Oman’s fiscal deficit may narrow to 4.2 per cent of gross domestic product in 2021

Kuwait credit rating cut for second time in two years by S&P

The sovereign credit rating was cut one level to A+ from AA-