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Analysis

Oman improves port efficiency with computerised support
OBG
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Port automation and the modernisation of freight handling capacity in Oman is keeping pace with large development projects at Duqm and Sohar. Improvements in operational performance are the essential incentive to automate port container terminals, making them more productive and allowing for increased quay use and yard densities that result in a better use of available space. Automation also makes…

Analysis

Upgrades positioning Oman as an aviation centre
OBG
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Airport infrastructure is developing quickly in Oman, with over $12bn invested in the sector since 2010, and another $6.1bn earmarked through 2020-21 to support the completion of new regional airports and major terminal projects at two international airports. Oman currently operates three regional airports at varying levels of completion, one primary international airport in Muscat, and a secondary…

Analysis

High-priority sectors in Oman set to receive a significant boost from large-scale construction projects
OBG
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The aims of Oman’s latest five-year plan are being realised, as new developments spring up with a focus on the sectors with the most growth potential. Input from both public and private developers is spurring work on major projects catering to the transport and logistics, tourism, manufacturing, fisheries and mining sectors, while new incentives are also being offered by the government to attract…

Analysis

Two of Oman's cement producers join forces to target emerging markets
OBG
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The development of a new cement plant at the Duqm Special Economic Zone (SEZ) marks a new chapter in Oman’s cement industry, as two rival domestic companies form a joint venture to target new markets. The two firms made announcements about the deal in mid-August 2016 via statements to the Muscat Securities Market. Oman Cement, which is based in the north of the country, and Raysut Cement, headquartered…

Analysis

Oman makes efforts to revolutionise date farming
OBG
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Among the most ambitious projects being undertaken in Oman’s agricultural sector is the Million Date Palm Plantation Project, which was commissioned by the Royal Court. The initiative uses the latest advances in agricultural science to cultivate the fruit, but also aims to serve as a focus for a transformation in the way the national crop is harvested, processed and marketed. By May 2016, 11 farms…

Analysis

Oman launches a 25-year tourism strategy
OBG
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In early 2016 Oman launched its National Tourism Strategy (NTS), with the primary aim to increase international arrivals to 11.7m visitors per year by 2040, up from 2.6m arrivals in 2015. The initiative also seeks to boost tourism’s contribution to GDP to more than 6%, from 2.6% today. To achieve these goals, the new plan has been designed in phases: preparation, growth and stability. “The announcement…

Analysis

Development efforts focus on 14 tourism clusters in Oman
OBG
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As part of its aim to make Oman a year-round tourist destination with a host of offerings, Oman’s Ministry of Tourism (MoT) identified 14 locations to be developed as clusters. These cultural, natural and urban sites are expected to help shape the success of the government’s National Tourism Strategy (NTS), which was unveiled in early 2016, and help the sultanate compete with its regional neighbours. Strategic…

Analysis

Oman building hotels to complement other tourism initiatives
OBG
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Three new hotels under construction in Muscat are expected to bring 900 additional rooms to Oman’s total capacity by 2018. With other hotels planned or being built nationwide, there are signs of confidence in the sultanate’s ability to attract higher tourist numbers across various budget classes in the future. Hotel Growth Over the last decade Oman has seen rapid growth in the number of three-,…

Analysis

Oman expanding the use of technology in classrooms of all levels
OBG
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ICT is viewed by the Omani government as essential to improving the quality of education. The Ministry of Education (MoE) employs a comprehensive set of recommendations for technology-assisted instruction across the entire national curriculum at all grades and levels of education. First-cycle and second-cycle basic education – grades 1-4 and 5-10, respectively – incorporate high levels of integration…

Analysis

Oman's new taxation schemes would affect business and consumers
OBG
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Decreased revenue flows from oil and gas exports are prompting GCC states to look to diversify their economies and income streams and to consider other forms of taxation with increasing urgency. Oman’s tax authorities are focusing on increasing their tax revenues, and may be seen to be applying the current tax legislation more rigorously than in previous years. There has been much speculation regarding…