The exchange rate between the US dollar (USD) and the Omani rial (OMR) has evolved significantly from 2015 to 2025. Strategic investments, particularly in the Port of Muscat, aim to diversify Oman’s economy, enhance logistic capabilities, and attract foreign investment, fostering a stable economic environment for future growth.
Etiqueta: Oman Vision 2040
The Dynamics of Oman’s Trade in the Current Geopolitical Context
The port of Muscat in Oman has emerged as a vital logistical hub in the Middle East. Its significance extends beyond maritime activities, as it facilitates trade routes into the interior of Arabia and Jordan, highlighting the importance of global interconnectivity and the strategic role of regional ports in commerce.