Developments in Oman’s telecoms sector in 2017 were centred on the announcement of a third mobile network operator (MNO) licence and an increase in royalty rates from January 1, which led to a 35-40% drop in net profits that year for the two existing operators, Omantel and Ooredoo. With market penetration in the mobile sector at close to 150...
To make the fisheries sector more sustainable and boost long-term food security, the Ministry of Agriculture and Fisheries (MAF) has singled out aquaculture – commercial fish farming – as a priority segment for investment, creating opportunities for food businesses, investors and consultancy services. The ministry has identified a pipeline of...
Operators in Oman’s IT sector have recently made big strides forward, moving beyond infrastructure to develop applications and applied business solutions for increasingly sophisticated customers. The government has made it clear that ICT is a key priority in improving the standing of Omani businesses in the international arena, and in 2017 the...
How can food import dependence be reduced as Oman works towards its ninth five-year plan goals?
A major holding company formed to manage state assets in transport and logistics has seen a raft of new activity in the period running up to 2018, as it moves to integrate operations among its subsidiaries and speed Oman towards becoming a top-10 logistics hub by 2040. Overseeing operations from shipping and ports to the postal service and...
Targeted investments to enhance food security have seen Oman’s agriculture and fisheries sector make advances as the government seeks ways to sustain a growing population and foster a more diverse economy. According to the Ministry of Agriculture and Fisheries (MAF), in 2016 production rose by 4.3% for agriculture and 8.7% for fisheries to 1....
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