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Muscat: Oman’s economic outlook remains favourable, with real growth expected to reach 1.5 percent in 2024, driven by increased gas production and diversification efforts, according to a new report.
“These include efforts to further improve the business environment, support the role of small and medium enterprises (SMEs) in the economy, and accelerate investments in renewable energy and green hydrogen,” according to the Spring 2024 Gulf Economic Update (GEU).
Growth is expected to further accelerate over the medium term supported by…