ICT was identified by the government as a key component of the sultanate’s long-term economic development strategy, Vision 2040, which calls...
Oman ICT
The year 2020 marks the 50th anniversary of the establishment of the Sultanate of Oman, making it the longest continually independent Arab country in modern history. The year also marks the passing of Sultan Qaboos bin Said Al Said, who died on 10 January. He is succeeded by his cousin and the former minister of culture, Sultan Haitham bin Tariq Al Said.
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The year 2020 marks the 50th anniversary of the establishment of the Sultanate of Oman, making it the longest continually independent Arab country in modern history. The year also marks the passing of Sultan Qaboos bin Said Al Said, who died on 10 January. He is succeeded by his cousin and the former minister of culture, Sultan Haitham bin Tariq Al Said.
On both a local and national level, Oman’s ICT sector continues to expand while also preparing for new technologies and the benefits and challenges that they may bring. New innovations in cloud services, e-commerce and e-government have enabled both private and public organisations to cut costs, and strategic thinking by the sultanate’s authorities has also brought rewards for the sector. This...
Following the global oil price drop in 2014, Oman – like the other GCC states – is pushing ahead with its long-term national development plans that seek to diversify the economy.
Developments in Oman’s telecoms sector in 2017 were centred on the announcement of a third mobile network operator licence and an increase in royalty rates from January 1, which led to a 35-40% drop in net profits that year for the two existing operators, Omantel and Ooredoo. With market penetration in the mobile sector at close to 150%, the sultanate’s third licence is expected to...
The effects of lower oil prices continue to be felt in Oman, with budget cuts and spending rationalisation still in evidence across the board. However, higher commodity prices in late 2017 and into early 2018 should provide a welcome boost to state revenues.
Driven by growth in consumer demand for data and improved connectivity, combined revenues from fixed-line telephony and mobile services in Oman reached OR906.19m ($2.4bn) in 2015, a 12.8% increase on the previous year. Infrastructure providers face considerable challenges in rolling out high-speed services to all areas of the country, while increased competition in the mobile market is...