Islamic financial products, first authorised by the Omani government in 2011, are set to take off later this year, with the banking, real estate and insurance sectors all expected to see benefits....
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Economic Update | Oman: Islamic finance set to take off
23 Aug 2012
Economic Update | Oman: Meeting water demand
9 Aug 2012
The utilities sector is turning to private and foreign investors to help spur the growth needed to meet local demand. The construction of 16 power and water projects worth $3.1bn are slated to...
Economic Update | Oman: Spreading the net
26 Jul 2012
Efforts to expand the reach of broadband internet to encompass the entire country are expected to help Oman meet the needs of its growing economy, but the sheer size of the country and the scope of...
Economic Update | Oman: Development in tourism
17 Jul 2012
With Muscat having been named the Arab Tourism Capital for 2012 and the country becoming increasingly popular with visitors from around the globe, Oman’s tourism sector is gaining attention from...
Economic Update | Oman: Progress – and threats – to growth
29 Jun 2012
Higher-than-forecast oil revenues should allow Oman to sustain economic growth for the rest of the year, as well as put its budget into the black. There is, however, a serious caveat. A weakening of...
Economic Update | Oman: Setting the price
13 Jun 2012
In a move that is expected to strengthen food security in Oman, the Public Authority for Stores and Food Reserves (PASFR) announced in late May that it was planning to standardise the prices of...
