Register | Forgot password?
Switch to Arabic
Monday, November 30 - 2009

Oman's earnings suffer heavy fall

  • Oman: Sunday, November 01 - 2009 at 11:37

Oman's National Economy Ministry has said the Sultanate's earnings fell by 26.7% during the first eight months of this year, the Times of Oman has reported. The country's revenue fell to RO4,240.7m from RO5,787m for the same period in 2008. Capital revenues fell by 69.3% to RO16.4m from RO53.5m and other revenues fell by 7.8% to RO708m from RO768m. The sharp fall in oil prices and lower customs income contributed to the decline in revenue, the ministry said.

Also consider reading:

Disclaimer:

The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.

AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.

In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.