While lower prices may limit new investments in Oman’s upstream energy sector, Iran’s return to international markets is likely to have a mixed effect on the sultanate’s economy.
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Economic Update | Oman’s oil industry sees mixed forecast
31 Jul 2015
Economic Update | Oman’s retail sector expected to rally
19 Jun 2015
While weaker growth and uncertainty have cast a shadow over Oman’s retail sector during the past 18 months, activity is expected to pick up in the medium term on the back of a rapid rise in leasable...
Economic Update | Oman moves to broaden health care base
29 May 2015
The opening of a multimillion-dollar cardiac centre outside of Muscat in May marked the latest milestone in Oman’s drive to broaden the scope of its health care sector.
Economic Update | Double-edged sword for Omani industry
20 Apr 2015
From the start of this year, Oman has doubled gas tariffs for industrial producers, with the move expected to squeeze margins for operators. However, the higher prices may spur a move towards...
Economic Update | Oman takes another step towards takaful legislation
23 Mar 2015
Legislation regulating Oman’s sharia-compliant insurance market has moved a step closer to being finalised after the State Council approved a draft law that will help encourage new investment in the...
Economic Update | Oman adds links to food chain
10 Feb 2015
Major investments in agri-businesses this year look set to help Oman improve food security and develop an export capacity in processed foods from its new hub in the northern port city of Sohar. The...