In addition to the three major port and free zone complexes at Sohar, Duqm and Salalah, a handful of industrial estates and zones are also operating around the sultanate. Aimed at diversifying industry and boosting incomes in governorates beyond the capital regions, these facilities also face some of the same challenges as the larger zones....
Covering some 309,000 sq km and home to landscapes as varied as rugged mountains, long coastlines, rocky deserts, fertile oases and land watered by monsoon rains, Oman is a large and diverse country. Its 4.3m inhabitants also hail from a number of different ethnic and linguistic groups, tribes and nations, with this variety also evident in the...
Despite having different consumer patterns and a less developed domestic retail market than some of its GCC neighbours, the Omani retail sector nonetheless continues to experience stable growth, attracting investment from local and regional developers, as well as interest from leading global brands.
Since at least the turn of the 21st century, the rising cost of construction materials has been a concern for many emerging markets, particularly those, like Oman, which are dependent on imports to cover a substantial proportion of demand. A dip in prices following the 2008-09 global financial crisis eased some of the pressure, albeit at a...
Oman’s growth path since the turn of the century has seen its real estate market develop into one of the most interesting in the region. Equilibrium has been reached after the correction following the global financial crisis, and projects in several segments have pushed on. Continued government investment has helped offset some of the effects...
Demand for construction services has extended through 2015 driven by a solid pipeline of major public projects, as well as lively demand from the private real estate sector. Some of the infrastructure developments being implemented should keep contractors busy for years to come, and are expected to help maintain sector momentum through the...
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