As rapid industrialisation continues in the sultanate, the utilities sector looks set to be a growth driver in terms of both construction contracts and private investment. In 2013 the Authority for Electricity Regulation reported that operators approved 276 projects worth $357.34m, and the numerous water and power plant projects in the pipeline bode well for future investors. Of particular...
Oman
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Interviews & Viewpoints | Sultan Qaboos bin Said Al Said on setting the framework for modern development: Viewpoint from The Report: Oman 2015
Our determination to move forward with confidence towards the broader horizons of comprehensive, sustainable development, remains undiminished. While committed to preserving our own values and identity, we are enthusiastic about developing international relations to reinforce the advances we have already made. Further progress, we believe, can...
Articles & Analysis | A deepening of relations between the GCC and Asia is on the horizon from The Report: Oman 2015
Trade relations between the GCC and Asian economies have been growing steadily for some time now. Recent developments suggest, moreover, that they are set to expand further over the next decade. While there are some risks associated with Asian markets, the GCC as a bloc is deepening its commitment to the region. This is signalled by a number...
Interviews & Viewpoints | Lim Hng Kiang, Singapore Minister for Trade and Industry: Interview from The Report: Oman 2015
Articles & Analysis | Trade partnerships with emerging Asian economies look set to create new opportunities for Gulf companies and drive domestic demand from The Report: Oman 2015
Following a negative period for the international shipping market, in 2012 the container route from Shanghai to the Gulf through Dubai experienced the second-highest freight rate growth in the entire Asian region. This news was part of an emerging trend of the maturation of GCC-Asia trade. A relationship that was once just based on energy demand is diversifying and the...
Interviews & Viewpoints | Roberto Azevêdo, Director-General, World Trade Organisation (WTO): Interview from The Report: Oman 2015
What are the most significant benefits of WTO membership for countries like Oman that rely on hydrocarbons for the bulk of their income?