The opening of the new Muscat International Airport (MCT), coupled with investments in hotel infrastructure, are expected to bring Oman closer to achieving its goal of more than doubling tourism’s contribution to GDP by 2040.
Oman
Displaying 49 - 54 of 174
A new mining strategy and mining law in Oman, plus efforts to improve port infrastructure, are expected to increase investment and promote growth in minerals exports.
Economic update | Investment in national airline to support tourism and logistics expansion in Oman
28 Feb 2018
Oman is stepping up investment in air transport, announcing the arrival of a new fleet of aircraft, routes to North Africa and Europe, and an expansion of existing flight services as part of a strategy to support growth in tourism and logistics.
Economic update | Oman: Year in Review 2017
16 Jan 2018
Stronger oil prices offset lower energy production in Oman, as the government moved to accelerate fiscal reforms and broaden its revenue base.
Plans to accelerate development of the Omani fisheries industry are gaining pace, with a series of temporary labs designed to help operators overcome challenges.
With big plans for the modernisation of its waste management operations under way, including a transfer of the existing national infrastructure to international operators, Oman is nearing completion of major reforms in the sector.