The government is by some measurements the largest source of demand for construction services in Oman. In recent years the sultanate has wholeheartedly embraced competitive tendering, encouraging private and international firms to participate as much as possible. Almost all public sector procurement is conducted under the Tender Law, promulgated...
Given that container capacity at Sohar Port is set to double to 1.5m twenty-foot equivalent units, how can this attract more shipping lines?
As part of broader efforts to diversify its revenue streams, Oman has invested a significant portion of its oil revenues into developing a robust industrial base. New ports, free zones and transport networks illustrate the government’s commitment to providing the infrastructure for the sultanate’s industrial development. As oil reserves continue...
As it works to diversify Oman’s tourism industry, the government has identified cruise tourism as potentially lucrative and capable of sustained growth. The sultanate’s 3000-km coastline, strategically located ports and visually striking geography render it well poised to capture this growing market. Port Qaboos in Muscat is already benefitting...
Tracking the resurgence of the construction sector, and the property market across the region, Oman’s cement industry is enjoying rising profitability, and looks to ramp up production as demand increases domestically and internationally. Cement demand across the GCC is expected to grow 6-7% in 2014, up from 4-5% in 2013, according to an October...
What impact will Oman’s young population have on the real estate sector and job creation?
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