Major investments in agri-businesses this year look set to help Oman improve food security and develop an export capacity in processed foods from its new hub in the northern port city of Sohar. The...
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Economic Update | Oman adds links to food chain
10 Feb 2015
Economic Update | Oman Year in Review 2014
12 Jan 2015
With earnings from oil accounting for more than 80% of government income, the halving of prices since June has eroded state revenue and could impact the extensive capital works programme in 2015,...
Economic Update | Islamic banking thriving in Oman
18 Dec 2014
Islamic banking in Oman is expected to grow at double-digit rates as sharia-compliant banking products increasingly gain acceptance and the government’s plans to ease restrictions come to fruition.
Economic Update | Funding boost for Oman’s construction sector
10 Oct 2014
A multibillion-dollar cash injection from the state is supporting new growth across Oman’s construction sector, amid efforts to encourage the industry to source labour, services and supplies locally...
Economic Update | Oman’s economy growing but still tied to oil
4 Sep 2014
Recently released figures indicate that Oman’s diversification strategy is beginning to bear fruit. But, despite the Sultanate’s finances looking healthier, the country still remains vulnerable to...