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Almost three years into its ninth five-year plan for 2016-20, Oman is beginning to reap the rewards of efforts to restructure and expand its transport and logistics sector. The Central Bank of Oman’s latest annual report notes that transport, storage and communications is one of the economy’s best performing categories, with the growth rate...

 

Mining in Oman is poised for growth in line with economic diversification plans, and the sector has distinct advantages over other developing markets. The country has some of the richest and most diverse mineral deposits in the world, ranging from gold and copper to potash, gypsum, chromite and limestone. Despite this, Oman’s mineral wealth...

 

As Oman’s economy starts to feel the effect of resurgent oil prices, its gradually recovering property market is creating brand new opportunities for both tenants and property buyers. Although departing expatriates, Omani unemployment rates and limited salary increases have limited the property market’s potential since 2014’s decline in oil...

 

How do global oil prices affect demand for residential and commercial property?

 

Developers of some of Oman’s most prestigious residential and mixed-use projects are integrating smart technology as a means to create operational efficiencies and increase investment appeal, establishing the sultanate’s first smart cities and smart homes. While smart homes are currently limited to the higher end of the residential market,...

 

In 2008, for the first time in history, more than half of humanity was living in urban areas. Perhaps the most remarkable observation about this trend is the speed at which it has happened: as recently as 1900 urban areas accounted for 13% of the global population. Cities are seen as opportunity hubs for many rural dwellers.

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