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.
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...
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...
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