The fundamental credit outlook for the Omani banking system is stable, primarily reflecting the relative remoteness from the global economy, but also the resilience of the country's economy to the global recession, says Moody's Investors Service in i

Capital Intelligence, the international credit rating agency, considers Oman’s ‘A’ sovereign credit rating to be capable of withstanding a temporary downturn in oil prices this year and possibly next owing to the authorities’ sizeable reserve cushion

Stock markets in the Middle East rebounded on Monday following a series of local and international measures to try to ease the global financial crisis.