Oman’s Foreign Investment Reaches $79.6 Billion in Early 2025, Led by Oil and Gas
Oman’s foreign direct investment (FDI) grew to $79.6 billion (RO 30.6 billion) by the end of the first quarter of 2025, according to the Oman News Agency.
FDI in Q1 2025
In the first quarter of 2025 alone, Oman received $13.6 billion (RO 5.2 billion) in new foreign investment. This is higher than the $10.7 billion (RO 4.1 billion) recorded in the same period last year.
Most of the investment—about 81%—went to the oil and gas sector, which received $64.2 billion (RO 24.7 billion) in total, and $12.5 billion (RO 4.8 billion) during the quarter.
Other sectors also saw investments:
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Manufacturing: $7.1 billion (RO 2.7 billion), with $1.5 billion (RO 592.3 million) in Q1.
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Financial services: $3.4 billion (RO 1.3 billion), with $566.5 million (RO 217.8 million) in Q1.
Some sectors saw a drop:
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Real estate and business services: down 36.8% to $1.7 billion (RO 652.1 million).
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Transport and communications: $930.8 million (RO 357.9 million), with $8.3 million (RO 3.2 million) in Q1.
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Trade: $681.4 million (RO 262 million).
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Hotels and restaurants: $303.3 million (RO 116.6 million).
Top Countries Investing in Oman
At the end of Q1 2025, the main sources of investment were:
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UK: $40.5 billion (RO 15.6 billion) – 50.9% of total FDI.
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USA: $20.3 billion (RO 7.8 billion).
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Kuwait: $3.2 billion (RO 1.2 billion).
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China: $2.3 billion (RO 894.9 million).
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UAE: $1.9 billion (RO 753 million).
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Qatar: $1.7 billion (RO 669.3 million).
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Bahrain: $1.2 billion (RO 462.4 million).
Economic Growth
Oman’s economy grew by 2.5% in the first quarter of 2025, reaching $24.6 billion (RO 9.43 billion). The growth was driven by the non-oil sector, which increased by 4.4% to $18 billion (RO 6.92 billion).
Meanwhile, the oil sector slightly declined, with revenues falling by 0.4% to $7.6 billion (RO 2.92 billion), down from $7.7 billion (RO 2.94 billion) a year earlier.
Published: 22nd July 2025
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