Economy

The Guide contains listings of hotels in the capital and other key cities, contacts for government bodies and foreign missions, and other handy tips for first-time business and leisure travellers, relating to currency, etiquette, visas and more.

Industrial zones, port developments, railways and fisheries projects are but a few examples of how public and private investments are transforming Oman’s regions. Some 87m sq metres of land has been allocated for industrial estates in Sohar, Salalah and Duqm, at a total investment of $9.4bn. The range of new industrial projects shows a clear development strategy aimed at regional economic...

The sultanate’s economy continues to enjoy the benefits of petroleum wealth, which has provided budget surpluses in most years and served as a backbone for growth. However, planning is well under way for an era in which oil will not be the main economic driver, with the twin goals of diversification and creating an increased number of private sector jobs at the top of the government’s current...

An ancient maritime power, Oman is open to the world while at the same time preserving a strong sense of tradition and culture. Its numerous land borders and extensive coastline have given leaders a knack for negotiation and pragmatism in foreign policy. The government is making efforts are to respond to the increasing need for employment caused by a rapidly growing population, many which are...