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Oman's Central Bank reports a 4.9% rise in foreign assets, signaling economic growth and confidence.
Oman's Central Bank saw its foreign assets rise by 4.9% to RO 7 billion by the end of 2024, reflecting growing international confidence in the country's economy.
The increase includes significant growth in gold reserves and commercial bank assets.
Oman's GDP expanded by 2.7% in the third quarter, reaching RO 30.6 billion.
Net profits of listed banks on the Muscat Stock Exchange rose by 15.2% to RO 522.6 million in 2024.
The banking sector's total assets grew by 4.7% to RO 7.4 billion, indicating continued sector resilience and growth.
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El Banco Central de Omán informa de un aumento del 4,9% en los activos extranjeros, lo que indica un crecimiento económico y confianza.