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. 

Articles & Analysis | Oman's ICT use to expand from The Report: Oman 2016

 

Having adopted a forward-looking strategy for ICT development a decade ago, Oman has made great strides in building up its technological infrastructure and its capacity, within both the government and the private sector. “There has been an increase in the demand for IT services, particularly from the private sector who know the value of...

 

With two well established full-network operators complemented by a range of dynamic “reseller” players, Oman’s telecommunications market is lively and competitive. Growing market maturity has led to operators looking to boost take up of mobile internet and value-added services (VAS) in order to drive revenues, while targeting niches with...

Chapter | Telecoms & IT from The Report: Oman 2016

Oman offers a diverse as well as highly competitive telecoms sector, with two full-network operators and three virtual network operators catering to a market of 4m people. Despite this, however, the sector has continued to expand on the back of rising subscriptions and increasing mobile penetration rates. Growing market maturity has led to operators looking to boost take-up of mobile internet...

 

In addition to the Ministry of Education and the Ministry of Higher Education, Oman’s Ministry of Manpower (MoM) also has a key role in the sector, with its responsibilities including oversight of technical and vocational education and training (TVET).

 

Despite declining oil and gas revenues, Oman maintained its commitment to education spending in its 2015 budget, with the sector retaining a major share of state expenditure. This bodes well for 2016 and beyond, too, as the government clearly recognises that the long-term health of the broader economy, as well as of its citizenry, depends to a...

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