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Focus Report

Report: Strategic investment driving green energy, digital innovation and sustainable growth in Oman (Arabic version)

In English Editor's note: This page includes the Arabic version of this report which was first released in March 2025. To read the English version of the report, click here. Oman is embarking on a transformative journey under Vision 2040, combining innovation and sustainability to redefine its economic landscape. This report showcases the sultanate’s wide-ranging efforts to position…
Growth Perspectives Video

How Oman drives sustainable growth beyond oil

In this Growth Perspectives video, OBG highlights Oman’s growth in non-oil and gas segments. The Gulf region is undergoing a major economic transformation, shifting away from hydrocarbons dependence toward diversified, sustainable growth. Oman exemplifies this shift with strategic investment in emerging sectors like tourism, logistics and green hydrogen, guided by Oman Vision 2040. Backed b
Growth Perspectives Video

Oman’s tourism and hospitality sectors undergo transformative growth

In this Growth Perspectives video, OBG highlights the transformative growth of Oman’s tourism and hospitality sectors, and the key factors driving it. As the sultanate sets its sights on attracting 11m tourists annually by 2040, the tourism and hospitality sectors have opened up and major improvements made to key infrastructure. Oman has promoted key non-oil sectors like tourism and positio
Growth Perspectives Video

Oman’s transport transformation: Building a regional logistics powerhouse

In this Growth Perspectives video, OBG highlights the accelerated transformation of Oman’s transport sector. Anchored by Oman Vision 2040, the sector contributed 7% to GDP in 2023, with aims to surpass 10% by 2040. Key investment totalling OR2.5bn from 2021-25 is enhancing efficiency, connectivity and non-oil exports. Sohar, Duqm and Salalah ports are regionally competitive, each playing a
Growth Perspectives Video

The growing role of non-bank financing as a catalyst for Oman’s private sector growth

As Oman pushes forward with its Vision 2040 agenda, alternative financing mechanisms — from leasing and factoring to private equity and capital markets — are helping to diversify funding channels, support SMEs, and reduce pressure on traditional banking.   This evolution isn’t just about financial innovation — it’s about enabling entrepreneurship, investment, and a more resilient economy.   OBG’s
Focus Report

Report: How Oman’s strategic investment fosters economic diversification and innovation

With Oman Vision 2040 guiding long-term economic transformation, strategic investment is playing a key role in reducing reliance on oil revenue and fostering sustainable growth. Robust governance frameworks and collaborative partnerships are enhancing the sultanate’s competitiveness in regional and global markets. This report examines Oman’s efforts to diversify its economy through…
Growth Perspectives Video

Sultanate of Oman’s finance and leasing sector fuelling economic diversification

In this Growth Perspectives video, OBG shows how the finance and leasing sector is contributing to the Sultanate of Oman’s economic diversification efforts. Amid global economic headwinds, the sultanate is advancing its national development goals through resilient financial strategies. The finance and leasing sector plays a vital role in this journey, acting as a key enabler of sustainable
Event Video

Oman Health Exhibition & Conference

Oman's Dedicated Healthcare Event for Medical Professionals & Prospective Patients Oman Health Exhibition & Conference is an international event highlighting Oman's healthcare sector growth, market potential and emerging opportunities. It brings together medical and healthcare professionals and organisations as well as members of the public to explore new medical services & technologies. Exhibition Explore…
Interview

Mazin Rashid Al Lamki, CEO, Energy Development Oman: Interview
OBG
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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…