Since 1983, when the sultanate opened its first industrial estate at Rusayl in Muscat, specialised zones for manufacturing, heavy and light industry, IT, chemicals and pharmaceuticals have flourished. These now form part of Oman’s overall economic strategy, as it diversifies away from hydrocarbons by boosting alternative sectors. Employment is...
Oman’s industrial sector is a key pillar of its long-term development strategy, as well as a major employer and a steadily growing source of wealth. It covers a wide range of fields, including mining, petrochemicals, aluminium and organic beverages. The recent economic slowdown in both the country and the wider region still poses challenges. With much economic activity driven by government...
At the national level, our main priority is to achieve financial balance by adopting a well-defined programme that accelerates national efforts to rectify the public budget situation and diversify our income, under the supervision of the prime minister and with help from the crown prince. We express pride in the strong performance of the...
For much of its history, Bahrain was the name for the eastern coast of Arabia. Bahrain means “two seas” in Arabic, and although it is unclear which two seas the name refers to, it has recently come to identify the 33 natural islands of the Awal archipelago.
GCC countries have long appreciated the importance of education for their sustained development. However, the sector, and higher education in particular, has risen as a priority over the past decade with the launch of ambitious economic diversification plans across the region. These strategies seek to harness the potential of the GCC’s...
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