Oman real estate returns to growth ...United Arab Emirates

Oman’s real estate market has seen steady growth over the past two years, driven by a notable increase in the expatriate population and continuing strategic investment in the economy. These are among the key findings from the newly-released Oman Property Report 2023, compiled by Savills. The report highlights the country’s public debt decreasing from 65% of GDP in 2020 to approximately 40% in 2022, the positive shift in macroeconomic fundamentals, and the government’s focus on pro-growth initiatives, infrastructure, diversifying the economy, investing in green energy, and creating long-term economic opportunities. Meanwhile, there has been a turnaround in trends impacting the expatriate popu

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Last updated : 12 October 2023 clock 08:56 AM

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Oman real estate returns to growth ...United Arab Emirates

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