IIF hails Oman economy

Published February 27th, 2006 - 03:06 GMT
Al Bawaba
Al Bawaba

Washington-based Institute of International Finance Inc. (IIF) has described Oman's recent economic performance as "remarkable." "IIF is bullish on Oman, and of course, the MENA region. Oman's unprecedented economic growth over the past three decades makes it an attractive investment destination for foreign investments," IIF Managing Director, Charles Dallara said.

 

The IIF claims Oman would continue to benefit from high oil prices. The Gulf, according to Dallara, has evolved into one of the world's leading financial centers.