Growth in Oman’s industrial and retail sectors has been affected by reduced global oil prices and weaker consumer sentiment, denting spending and forcing some companies in heavy industry to defer growth and investment programmes. However, the impact of the costs borne by the sultanate’s manufacturers was offset somewhat in 2017 by the rise in...
To encourage industrial investment in Oman, the government has established special economic zones where investors enjoy tax exemptions, trade facilitation, and competitive advantages on imports and Customs duties. There are four such free trade zones – Al Mazunah, Sohar, Salalah and Duqm – each at different stages of development, and all...
The utilities industry in Oman is going through a transitional period in anticipation of major restructuring and renewal plans in the water and electricity sectors. While large-scale retail competition in electricity is not yet feasible, changes in technology – like the introduction of cost-reflective tariffs (CRT) – are making distributed...
The Oman Environmental Services Holding Company – known as be’ah – is close to completing the transfer of waste management operations to international operators in each of its 11 governorates. The move is part of a waste management plan to modernise and restructure the handling, treatment and disposal of municipal solid waste (MSW), expanding...
Oman’s electricity networks underwent a major renewal in 2017, with the aim of strengthening transmission infrastructure, enhancing reliability and achieving fuel savings. Interconnectivity is playing an increasingly prominent role in shaping procurement strategies and guiding industry development.
Solar power generation in Oman is growing in prominence, driven by rising efficiencies, the falling cost of photovoltaic cells and lower oil revenue since 2014 Keen to reduce government expenditures and commit a greater share of oil and gas resources to more profitable purposes than feedstock for electricity production, Oman’s official...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×