Oman obtains good rank in Marsh Map 2017

The Sultanate obtained in the political and economic risk map for 2017 issued by Marsh, a company specialized in insurance and global risk management, an average score of 60-69 in political and economic risks.
“This rating is good for the Sultanate and there is a possibility to improve the rating, which will help in attracting investment to the Sultanate,” said Suleiman bin Gharib al-Shaibani, Head of Promotion and Marketing, Acting Head of the External Credit Department at Export Credit Guarantee Agency of Oman (Credit Oman).
He pointed out that the businessmen, foreign investors and international investment funds depend on this classification, which classifies the index of economic and political risks of countries through well-knowledge of the country. He explained that the senior businessman and investors do not invest funds of millions of riyals without knowing the country’s profile.
He added that for large companies with branches in countries around the world, understanding the risks that might occur in countries is a necessary and important requirement to take appropriate measures to maintain the financial stability of the company.
He explained that Credit Oman is working on reading, analyzing and relying on these maps in some cases to give the export credit policy to Omani exporters and giving them accurate details about buyers around the world.
Marsh depends on BMI for political research and studies, which is a major source of political, macroeconomic, financial and industrial analysis through its economic and political studies and analyzes of various countries around the world.