Over the past 40 years, Oman has enacted a series of five-year investment and development plans that have facilitated the rapid modernisation of the country’s health care system. Indeed, since 1970, Oman has increased its number of public hospitals from two to 50 and now hosts 10 private hospitals as well. Today, in the midst of the eighth five-...
With a total allocation of OR1.34bn ($3.47bn) in the 2013 budget, representing a 16% boost in funding as compared to 2012, the Ministry of Education (MoE) has ambitious plans for education infrastructure development. The 2013 budget included funding for 28 new schools, and plans for a new public university have also been announced. The...
In a country the size of Poland, Oman’s rugged, varied and dispersed terrain has historically constituted a challenge to development. For the tourism industry, though, such dramatic scenery has proven to be a strategic advantage, especially as other GCC countries develop their own potential for tourism. Although its neighbours can lay claim to...
As of the end of 2012, Oman had 12.18tn cubic feet (tcf) of proven gas reserves and expected reserves of 17.82 tcf, according to the Ministry of Oil and Gas. Thanks to ongoing exploration efforts, new discoveries mean that the country’s proven reserves have not depleted over the past decade, despite growing consumption – they stood at 31.8 tcf...
In addition to Oman’s expanding health budget, there is growing momentum to support the establishment of quality private facilities locally, and this effort should receive a welcome fillip from the approval of several large-scale health projects. Two of these projects aim to raise the sultanate’s profile within the global medical community by...
Economic expansion, a growing population and increasing interest from foreign investors are driving a strong recovery in Oman’s real estate market. After a dip caused by the global financial crisis, an initially slow revival is gaining momentum. Segments including integrated tourism complexes (ITCs) and higher-end residential and office space...
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