What kind of companies are currently operating within Oman’s industrial cities, and where is the majority of foreign investment coming from?
The Middle East Industry
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Articles & Analysis | Small and medium-sized enterprises central to sustainable growth from The Report: Oman 2020
Small and medium-sized enterprises (SMEs) are the engines of global economic growth and employment, accounting for an average of 33% of GDP and 45% of the workforce in high-income countries, and over 60% of GDP and 70% of employment in developing economies. In the case of the latter, the rise in the number of SMEs has been crucial to economic...
Articles & Analysis | More renewable energy projects planned as Oman diversifies its power mix from The Report: Oman 2020
A combination of factors, including climate change, rising energy demands and limited hydrocarbons resources, have driven Oman’s renewable energy agenda in recent years. Although renewables were estimated to have made up less than 1% of the country’s electricity mix in 2018, the Oman Power and Water Procurement Company (OPWP) aims to roll out...
Articles & Analysis | Renewable energy opportunities arise as Oman continues privatisation of utilities from The Report: Oman 2020
As the sultanate looks to manage its energy transition and inject capital into its fiscal balance, privatisation, sector reorganisation and renewable energy are key topics on the agenda for Oman’s utilities sector. Reducing reliance on natural gas is a top priority, with a number of large-scale projects using solar energy helping the country...
Significant legislative developments in 2019 laid the groundwork for growth in Oman’s mining sector. The full extent of the country’s mineral...
Manufacturing is on track to reach the target contribution of 15% of GDP by 2020 laid out by Oman’s Vision 2020 economic development plan,...