Foreign direct investment in the Sultanate for the year 2018 stood at OMR10.56 billion, recording a growth of OMR1.36 billion from the same period of the previous year, according to the data issued by the (NCSI).
The United Kingdom topped the list of countries with foreign direct investment in the Sultanate in 2018, reaching OMR5.27 billion, followed by the UAE and US at OMR1.02 billion and OMR819.7 million, respectively. Furthermore, FDI from Kuwait and Qatar for the year 2018 stood at OMR441 million and OMR391.6 million, respectively, according to NCSI data. The foreign direct investments from Bahrain, India, the Netherlands, and Switzerland for 2018 was OMR273.3 million, OMR247.3 million, OMR240.2 million and OMR222.6 million, respectively. The FDI from other countries accounted for OMR 1.63 billion. Oil and gas sector accounted for the bulk of Foreign Direct Investment at the end of second quarter of 2018, reaching OMR6.14 billion, followed by the financial sector at OMR1.48 billion. FDI in the manufacturing sector reached OMR1.27 billion; real estate sector, including renting and business activities, stood at OMR671.5 million; and other activities accounted for OMR1 billion.
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