Following its grandstand ‘Oman Trade and Investment Forum’ in October 2010, celebrating the 40th Anniversary of the succession of H.M. Sultan Qaboos bin Said, the Middle East Association will be taking a British Trade Mission to Oman. Oman and the UK have close ties in trade, finance and politics. In 2009, the UK exported £349 million in goods and £137 million in services, and UK trade…
The Muscat Green Days is an educational and networking platform presenting local and international experts in sustainable management and technology. Muscat Green Days is part of a series of conferences which the organizers are conducting in the UAE, Qatar and now in Oman bringing leaders and pioneers together to discuss and lecture on sustainable strategies for long term growth and conservation of…
Oman Capital Markets Forum gathers key regulators, business leaders, financial industry experts and professionals under one roof, where they will be discussing and presenting groundbreaking issues that aim to change and strengthen the landscape of Oman's capital markets. It has been scheduled to take place in September 2010 in Muscat, Oman. Presentations from well known local, regional and international…
The Oxford Business Group is pleased to announce our media partnership with TransOman Conference 2010, which will take place on 10-11 October, 2010, at the Golden Tulip Hotel in Muscat, Oman, under the auspices of the country’s Ministry of Transport and Communications. In this respect, we have pleasure in sending you a letter from the conference team. Dear Oxford Business Group subscribers, The primary…
As Oman looks to renewable energy as a way to meet the increasing calls on its national electricity grid, investors are eyeing the Sultanate as a base for the production of technology needed to convert the rays of the sun into energy and profits.The country has already set itself the ambitious goal of having at least 10% of its electricity needs met through renewable sources by 2020. With Oman’s…
With initial public offerings (IPOs) set to inject much needed capital into the sector and a new independent authority ready to promote transparency and oversee expansion, the Omani banking sector looks set for a period of further development.The Sultanate’s commercial banks have already seen substantial growth recently: total deposits have increased markedly, from about $27.25bn in December 2010…
With an increase in both government and private sector spending as a series of new infrastructure, tourism and social services projects are rolled out, Oman’s construction sector is set to experience robust growth in the coming years. The sheer scale of the building programme, however, could test the capacity of the industry.The Omani government is set to invest up to $10bn in 2012 in construction…
With a reduction in mobile tariffs forthcoming, Omani telecoms companies are looking for new ways to attract customers by offering more advanced services at lower rates.The Ministerial Committee of the GCC Council announced in early February that tariffs on calls made to GCC countries while roaming in the region would be reduced, meaning that mobile operators across the region are now facing price…
Speculation is mounting that Oman’s insurance sector will witness further mergers and acquisitions if margins remain tight in the coming year. While the introduction of sharia-compliant insurance is expected to drive expansion in the industry, questions remain about both the length of time it will take for insurers to develop new products and whether take up will meet expectations.Insurers have reiterated…
Further progress towards the construction of a national rail network, along with long-awaited expansions in the port system, are highlighting Oman’s potential to become a lynchpin for commercial transport in the GCC. A special body will be set up within the Ministry of Transport and Communications to facilitate the installation of a new rail network in the Sultanate, Ahmed bin Mohammed Al Futaisi,…
