Middle East Economic Survey

VOL. LIII

No 30

26-Jul-2010

OMAN

Moodys Sees Stable Outlook For Omani Banks And Economic Growth In 2010-11

The outlook for the Omani banking system remains stable, reflecting its remoteness from and relative resilience to the recent global economic turmoil, says Moodys Investors Service in its Banking System Outlook on Oman, published on 21 July. The Omani economy remained resilient throughout the downturn and is likely to experience growth in 2010, which the rating...