On the role of sovereign wealth funds in encouraging foreign direct investment and good governance Why is governance so central to the success of sovereign wealth fund investment? ALI MAHMOUD: Good governance minimises risk and ensures that no one individual can sway the trajectory of the fund. We view governance as the cornerstone of long-term success. It allows sovereign funds to serve…
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Interview: Mazin Rashid Al Lamki How do you see the sector evolving over the next 10 years in response to global energy shifts? MAZIN RASHID AL LAMKI: Oman’s energy sector is poised for broadbased expansion across hydrocarbons and renewables. Our resource assessments are nearing completion, and early data shows stronger-than-expected potential in oil and gas. At the same time, we are conducting…
Interview: Mansoor Al Abdali How has Oman’s focus on diversification and sustainability influenced infrastructure planning? MANSOOR AL ABDALI: The country’s vision is clear: continue meeting domestic gas demand while preparing for the coming growth in hydrogen. This will require balancing investment in traditional gas infrastructure with the development of hydrogen transport capabilities. To…
Interview: Mansoor Al Hinai How can developing key utilities infrastructure support long-term energy and sustainability goals? MANSOOR AL HINAI: Expanding and modernising Oman’s national grid is key to integrating more renewable energy and supporting long-term sustainability goals. A significant milestone has been the interconnection of the northern and southern electricity networks, improving…
Interview: Ahmed bin Salim Al Abri How are Oman’s national sustainability priorities influencing the development of electricity generation and water desalination projects? AHMED BIN SALIM AL ABRI: Oman has been focused on sustainability and the development of renewable energy since 2017, and the sultanate has set clear goals for the electricity sector. Our first utility-scale solar photovoltaic…
Interview: Talal Al Mamari What are the most significant challenges and opportunities for the ICT sector? TALAL AL MAMARI: The ICT sector faces several challenges, including the need to bridge the digital divide by ensuring equitable access to ICT infrastructure and services. To address the disparity in access between urban and rural areas, the government has initiated projects like the National…
Interview: Maqbool Al Wahaibi How would you assess Oman’s ICT ecosystem? MAQBOOL AL WAHAIBI: Connectivity, public awareness and workforce competencies form the backbone of the ICT sector in Oman. The country has made significant strides in connectivity, with internet penetration exceeding 90%, ensuring nationwide coverage. However, there is still room for improvement when it comes to awareness…
Interview: Bassam Al Ibrahim How do you see the sector contributing to economic diversification and digital transformation goals? BASSAM AL IBRAHIM: The ICT sector is at the heart of Oman Vision 2040, enabling the shift towards a knowledge-based economy and supporting economic diversification. Through strategic investment in telecommunications, data centres and 5G infrastructure, Oman is creating…
