Oman

Oman’s retail market is largely split between shopping malls and relatively small roadside shops or ground floor retail units. While shopping malls are relative newcomers, the segment is growing quickly both within the capital area and in other, less-populated cities. The two largest shopping malls in Oman are Muscat City Centre and the recently...

As Oman’s economy and population continue to grow, developers are interested in more than simply increasing supply quickly. Indeed, a range of factors must be considered as environmental and energy concerns are becoming more important.

With power demands continuing to rise in Oman, a range of significant efforts are under way to increase generation capacity. Providing more power to a greater number of people, however, requires more than simply building and expanding power plants; electric-power transmission upgrades are also needed. This objective is the focus of a number of...

While Oman’s property market remained relatively slow in 2011, the sector is showing signs of steady growth. Factors influencing the favourable trend include improved financing for housing as well as general economic growth across the sultanate. Widespread salary increases in 2011 were greatly considered an additional element behind the...

Although Oman’s office real estate segment is generally characterised as being oversupplied, the market still presents opportunities for construction firms. Indeed, much of the market’s oversupply is in lower- to mid-range quality office space, while the availability of higher-quality real estate that meets the needs of multinational firms is still relatively limited. A...

Both on the technical and governmental sides, Oman’s capital markets have seen some important changes recently. Regulators have moved to install the latest technical and regulatory systems alongside the most up-to-date practices in corporate governance. On the former agenda, the Muscat Clearing and Depository Company (MCDC) has been leading the...