Oman has imposed a rent cap of 15% after inflation rose to its fastest pace this year in July, spurred on by spiralling rent and food costs.
The government said rents should not be increased by more than 15% in the next two years, echoing similar moves by other Gulf Arab states such as the UAE.
Municipal authorities would monitor the implementation, the government said in a statement on official news agency ONA.
Annual inflation in Oman accelerated to 5.98% in July, its fastest pace this year. Rents, which have a weight of about 15% in the consumer price index, rose 8.5%.
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