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Economic Update | Oman: IMF pushes SME finance

16 Nov 2012
Having maintained 47th place on the World Bank’s latest global survey regarding the ease of doing business, Oman has benefitted from the strong capitalisation of local banks and reforms making it...

Economic Update | Oman: Bringing supply in line with demand

2 Nov 2012
The value of real estate transactions in the sultanate increased by nearly 60% year-on-year in the first five months of 2012, hitting $2.1bn in that period, with the market displaying significant...

Economic Update | Oman: Industry flowing downstream

17 Oct 2012
Stepping up efforts to capitalise on its hydrocarbons wealth, Oman is boosting its downstream industrial capacity by expanding the petrochemicals sector and providing the fuel stocks needed to power...

Economic Update | Oman: Reeling in foreign investment

8 Oct 2012
In line with government plans to boost production and draw foreign investment to the aquaculture sector, Oman is encouraging foreign investors to take advantage of opportunities in fisheries and...

Economic Update | Oman: Building transport interconnectivity

20 Sep 2012
The government is banking on a multi-billon dollar investment programme to create a new transport grid that will serve as the backbone to Muscat’s plans to diversify and expand the economy, bringing...

Economic Update | Oman: Boosting employment through oil

6 Sep 2012
The Omani government is working to address unemployment by putting $1bn toward job creation after seeing higher-than-expected returns on oil in the first half of 2012.

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