Located in the south-eastern quarter of the Arabian Peninsula, Oman is the only member of the GCC situated outside of the Gulf. Leveraging its strategic location, Oman has invested in infrastructure with the goal of becoming a global logistics centre. Diversification efforts are a driving force behind economic growth while infrastructure and transport works are boosting connectivity. The...
Oman
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Chapter | Country Profile from The Report: Oman 2019
Following the global oil price drop in 2014, Oman – like the other GCC states – is pushing ahead with its long-term national development plans that seek to diversify the economy.
Economic update | Oman: Year in Review 2018
15 Jan 2019
Higher energy prices and strong increases in gas output helped return Oman’s economy to growth in 2018, with expansion forecast to accelerate in the coming year.
How is Oman competing with offerings from regional convention and exhibition centres to attract new events?
Oman has moved to diversify its energy mix with the commissioning of new renewables projects, while the partial privatisation of downstream services looks set to generate opportunities for both domestic and international investment.
Economic update | Sugar refinery and processing plants to boost Oman’s agricultural sufficiency
24 Oct 2018
Oman has moved forward with plans to develop the country’s first sugar refinery, part of a strategy aimed at improving domestic food security through agricultural processing.