Banking continues to be a key pillar of Oman’s financial sector, responsible for the majority of credit for individuals and institutions – both government-owned enterprises and the private sector. Recent years have seen credit and deposit expansion, with these growing along with banking services and the overall economy. The sector faces the challenges of enabling continued bottom-line growth while…
Interview: Tariq Sulaiman Al Farsi In what areas do the most significant opportunities lie for non-banking financial institutions (NBFIs) to innovate their service offerings? TARIQ SULAIMAN AL FARSI: The most promising avenues for NBFIs are found in improving access, speed and personalisation across financial services. As customer expectations evolve, namely among underserved segments such…
Banking continues to be a key pillar of Oman’s financial sector, responsible for the majority of credit for individuals and institutions – both government-owned enterprises and the private sector. Recent years have seen credit and deposit expansion, with these growing along with banking services and the overall economy. The sector faces the challenges of enabling continued bottom-line growth while…
On building financial sustainability and economic resilience What are the main contributions of the National Programme for Fiscal Sustainability and Financial Sector Development, or Estidamah, in enhancing Oman’s financial sector? MAHMOOD AL AWEINI: The Estidamah programme, launched in January 2023, has significantly modernised Oman’s financial services sector. Building on earlier…
The Oman Road Safety & Accident Prevention Summit (ORSAPS) is a significant event playing a pivotal role in supporting organizations’ mission to enhance road safety and aligning with their ambition - Goal Zero. ORSAPS aligns with Oman’s “TRAFFIC SAFETY DAY” held annually on 18 October to contribute to the UN Decade of Action on Road Safety 2021-2030. Taking place on 15-18 October…
9th Edition of Oman’s Only and Most Comprehensive Event on Fire, Safety and Security OFSEC Event 2025 is designed to meet the needs of the local, regional and international markets by linking practitioners, suppliers, distributors and manufacturers from the fire, safety, HSE and security industry, with key decision makers from the government and private sectors, making it a definitive networking…
Oman’s first and only EV dedicated and pioneering event, the Oman Electric Vehicle Show is a gateway to the lucrative EV market in the Sultanate, driven by government initiatives and the growing demand for sustainable transportation options. Taking place on 15-18 October 2025 at the Oman Convention and Exhibition Centre, the show is co-located with the Oman Motor Show, Oman Bike Expo and the Oman…
Oman Motor Show, taking place on 15 - 18 October 2025 at the Oman Convention and Exhibition Centre, is an iconic premier and signature event that witnesses the best showcases in terms of products, technologies, concepts and trends in the automotive world on a single platform. Co-located with the Oman Bike Show, Oman Electric Vehicle Show and Oman Road Safety & Accident Prevention Summit (ORSAPS),…
In this Global platform video, Salim M. AlMahruqi, Oman’s Minister of Heritage and Tourism, and Azzan AlBusaidi, Oman’s Undersecretary of Tourism, talk about Oman Vision 2040 as a strategic plan aimed at boosting the country’s economic growth, focusing heavily on tourism as a key driver. The initiative aims to modernise the tourism sector, making it competitive on the global stage.
ISEM Oman Solar Energy Exhibition & Conference 2025 is taking place on 08-09 December 2025 at the Sheraton Oman Hotel. "Oman aims to raise the share of renewable energy to 30% by 2030 then 60% - 70% by 2040 and ultimately reaching 100% by 2050". The event is designed in line with Oman's National Vision 2040 and it's official target to reach 4,000 MW of renewable energy capacity by 2030, leading…
