Monday, December 06
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Positive economic outlook seen in Oman: Survey

8 Nov 2021 By OUR CORRESPONDENT

Muscat – SICO, a Bahrain-based leading regional investment bank, has released the results of its inaugural investor return assessment survey, a first-of-its kind look into the economic and return expectations of investors across Oman and the GCC.

As per the survey results, 41 per cent of respondents believe the economic outlook for Oman is positive and an additional 24 per cent believe the outlook is similar to the past 12 months, SICO said in a press statement.

The online survey was conducted during the third quarter of 2021 asking two specific questions to investors about overall economic outlook and minimum unleveraged return requirements for different asset classes including listed equities, government bonds, real estate, private equity and cash deposits for Oman and other GCC countries.

Based on SICO’s analysis of the majority of responses for Oman, required returns for listed equities and ten-year USD government bonds lie within the 6-8 per cent range. As for real estate, the required returns came in between 9-11 per cent, whereas the majority of the remaining GCC countries’ required return range between 6-8 per cent.

“After nearly two years of living with COVID-19 and the steep economic challenges and volatility that came along with it, we set out to provide some clarity and insight into the return expectations of investors in the GCC,” said Najla al Shirawi, SICO’s chief executive officer.

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