https://sputnikglobe.com/20230703/oman-to-create-new-economic-city-including-2-free-economic-zones--1111648091.html

Oman to Create New Economic City, Including 2 Free Economic Zones

Oman to Create New Economic City, Including 2 Free Economic Zones

Sputnik International

Oman's Sultan has ordered the creation of Khazaen Economic City and establishment of two free economic zones to promote the development of the country's economy. The city will include two free economic zones.

2023-07-03T23:30+0000

2023-07-03T23:30+0000

2023-07-03T23:30+0000

economy

oman

economy

world economy

free economic zone

imf

international monetary fund

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Khazaen Economic City will be established in the Al Batinah South Governorate and will include two free economic zones, the news agency reported. The new city will be controlled by Oman's Public Authority for Special Economic Zones and Free Zones, and a state logistics company will be operating both the city and the two free economic zones, the report said. The International Monetary Fund estimated in June that Oman's economy has been growing steadily as it promotes economic diversification initiatives, supported by favorable oil prices and reforms, while inflation is contained.

oman

2023

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oman, sultan haitham bin tariq al said, khazaen economic city, free economic zones, special economic zones, al batinah south governorate, international monetary fund, imf