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Economic Update | Oman: A competitive edge

30 Sep 2011
Oman’s economy has become more competitive in the past 12 months, according to a recent report, and is steadily making the transition from having an efficiency-driven economic base to an innovation-...

Economic Update | Oman: Pedal to the metal

12 Sep 2011
With a recent milestone achieved in aluminium production and major expansions planned in the steel sector, Oman is becoming an increasingly prominent player in the global metals industry.

Economic Update | Oman: Branching into Islamic banking

25 Aug 2011
Since issuing a decree to establish an Islamic financial services sector in May, Oman has seen a flurry of activity as banks have started gearing up to move into the new market. As well as the...

Economic Update | Oman: Bouncing back

12 Aug 2011
The lifting of a rating agency’s temporary cloud over the Oman economy and a healthy forecast for GDP growth have combined to create an air of optimism in the Sultanate. On July 20 Standard &...

Economic Update | Oman: Closing the gap

28 Jul 2011
Efforts to deepen the penetration of information and communications technology (ICT) in everyday life in Oman are gathering pace, with state-backed investments targeting improved and faster access to...

Economic Update | Oman: Green light for IFS

15 Jul 2011
The Omani government has opened its doors to Islamic banking, with Sultan Qaboos bin Said Al Said issuing a royal directive in early May allowing for the roll-out of sharia-compliant financial...

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