Foreign Direct Investment (FDI) in the Sultanate at the end of the second quarter of 2018 stood at OMR9.7 billion, recording a growth of OMR1.4 billion from the second quarter of last year, according to data issued by the National Centre for Statistics and Information (NCSI).
The United Kingdom topped the list of countries with FDI in the Sultanate until the end of the second quarter of 2018, reaching OMR4.7 billion, compared to OMR3.7 billion in the same period of 2017.
This was followed by the UAE and Kuwait, with OMR1.0 billion and OMR425.9 million, respectively.
Furthermore, FDI from Qatar and Bahrain until the end of the second quarter of 2018 stood at OMR390.2 million and OMR344.8 million compared to OMR381.9 and OMR333.9 in 2017, respectively, according to NCSI data.
FDI from the United States, Switzerland, India and the Netherlands until the end of the second quarter of 2018 stood at OMR310.1 million, OMR290.4 million, OMR287.7 million and OMR260.3 million, respectively. FDI from other countries accounted for OMR1.6 billion.
The oil and gas sector accounted for the bulk of FDI at the end of the second quarter of 2018, reaching OMR5.5 billion, followed by financial brokerage at OMR1.4 billion. FDI in the manufacturing sector reached OMR1.07 billion, real estate sector, including renting and business activities, stood at OMR675.5 million, and other activities accounted for OMR1.06 billion.
The United Kingdom topped the list of countries with FDI in the Sultanate until the end of the second quarter of 2018, reaching OMR4.7 billion, compared to OMR3.7 billion in the same period of 2017.
This was followed by the UAE and Kuwait, with OMR1.0 billion and OMR425.9 million, respectively.
Furthermore, FDI from Qatar and Bahrain until the end of the second quarter of 2018 stood at OMR390.2 million and OMR344.8 million compared to OMR381.9 and OMR333.9 in 2017, respectively, according to NCSI data.
FDI from the United States, Switzerland, India and the Netherlands until the end of the second quarter of 2018 stood at OMR310.1 million, OMR290.4 million, OMR287.7 million and OMR260.3 million, respectively. FDI from other countries accounted for OMR1.6 billion.
The oil and gas sector accounted for the bulk of FDI at the end of the second quarter of 2018, reaching OMR5.5 billion, followed by financial brokerage at OMR1.4 billion. FDI in the manufacturing sector reached OMR1.07 billion, real estate sector, including renting and business activities, stood at OMR675.5 million, and other activities accounted for OMR1.06 billion.
Source Link: timesofoman.com
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