The sultanate’s economy continues to enjoy the benefits of petroleum wealth, which has provided budget surpluses in most years and served as a backbone for growth. However, planning is well under way for an era in which oil will not be the main economic driver, with the twin goals of diversification and creating an increased number of private sector jobs at the top of the government’s current agenda.
The mining industry is set to become an important sector in Oman’s diversification programme. Various exploratory studies, commissioned by the Directorate-General of Minerals at the Ministry of Commerce and Industry (MCI), have recently uncovered substantial deposits of metallic and non-metallic resources across the country, mainly carbonate-...
Sohar’s significance as an economic engine for Oman’s modernisation programme becomes more evident each year. Its expanding port capacity, growing industrial estate, strategic location and attractive regulatory environment continue to lure new investments. The Greater Sohar Industrial Zone, also known as Gateway Sohar, includes the Sohar...
Given the energy intensity of aluminium smelting, how can the industry enhance efficiency?
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