Oman

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With several initial public offerings (IPOs) on the horizon, Oman’s Muscat Securities Market (MSM) is looking to weather global economic volatility by deepening the country’s equity offering. 

Solid performance in the non-oil sector of the Omani economy steered the country towards relatively sound growth in 2015, with the financial services industry in particular helping to cushion the blow of lower energy prices.

A steady increase in arrival numbers is demonstrating growth in Oman’s tourism industry, according to a new report from the country’s National Centre for Statistics and Information (NCSI).

A range of government initiatives are driving ICT adoption in Oman, as the sultanate works to connect all homes and businesses to the national broadband network by 2040. 

More than half a million students started the academic year on August 23 at some 1077 public school around Oman, with 5% more students enrolling than the previous year. 

Increased investments and a targeted approach to joining up Oman’s logistics chain will boost the sultanate’s capacity to move its domestic and export cargoes, as well as strengthen its credentials as a major freight trans-shipment hub.   

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