OMAN CLIMBS 7 NOTCHES IN WORLD BANK’S ‘DOING BUSINESS’ RANKING

MUSCAT: The Sultanate improved its ranking by seven notches in Ease of Doing Business Ranking 2016.

Oman ranked 70th in the world in this year’s ranking released by the World Bank against its 77th position in the previous year’s report. Oman ranked as the fourth best place to do business in the GCC region, ahead of Saudi Arabia (83nd) and Kuwait (101st) but was behind the UAE (31st ), Bahrain (65th ) and Qatar (68th ).

SOURCE: MUSCAT DAILY