Saturday 24 November 2012

Oman ranks high in economic freedom | Oman Observer

Oman ranks in the top five of this year’s Economic Freedom of the Arab World report published by the Fraser Institute, Canada’s leading public policy think-tank, in partnership with the Friedrich Naumann Foundation for Liberty (FNF) and the International Research Foundation (IRF) of Oman.
“We’re pleased to see Oman ranked joint 5th in the 2012 Economic Freedom of the Arab World Report, this reflects the hard work and progress we’re making as a nation with regard to developing an attractive and competitive business environment,” remarked Dr Salem bin Nasser al Ismaily, Chairman, The Public Authority for Investment Promotion and Export Development (PAIPED).
Bahrain and the UAE occupy the top two positions followed by Jordan, Kuwait, and Lebanon and Oman in joint fifth position ahead of the larger economies of Qatar, Saudi Arabia, Tunisia and Egypt.

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