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Interview

Farrokh J Masani, Executive Director, Mining and Quarrying, Al Tasnim Group: Interview
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Interview: Farrokh J Masani How do you assess opportunities for investment in the sultanate’s mining sector? FARROKH J MASANI: Oman’s wealth of resources, many of which remain untapped, offer ample opportunities to generate revenue for the country. We see significant investment opportunities in mining, given the scale of mineral resources available in the country and the government’s restructuring…
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Nasser Al Maqbali, CEO, Minerals Development Oman (MDO): Interview
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Interview: Nasser Al Maqbali How have regulatory changes affected foreign direct investment in the sector, and what are the main opportunities for expansion? NASSER AL MAQBALI: The sector has been transforming since the main governing body changed from the Public Authority for Mining to the Ministry of Energy and Minerals in August 2020. The ministry allocated 12 concession areas to MDO in March 2022…
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Lujaina Mohsin Darwish, Chairperson of the Infrastructure, Technology, Industrial and Consumer Solutions Cluster, Mohsin Haider Darwish: Interview
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Interview: Lujaina Mohsin Darwish What role can the private sector play in engaging with the international investment community? LUJAINA MOHSIN DARWISH: Oman’s private sector has undergone a significant transformation in recent years, moving from mostly trading to a more contemporary attitude towards manufacturing and services. A new confidence and resilience is seen among business owners, providing…
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Ali bin Masoud Al Sunaidy, Chairman, Public Authority for Special Economic Zones and Free Zones (OPAZ): Interview
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Interview: Ali bin Masoud Al Sunaidy How does OPAZ contribute to wider efforts to reform the economy, and where do you see the most promising opportunities for investment? ALI BIN MASOUD AL SUNAIDY: OPAZ is working to attract industrial projects to its affiliated special economic zones, free zones and industrial zones. There are 14 existing zones with projects exceeding OR15.2bn ($39.5bn) that provide…
Interview

Sayyid Azzan bin Kais Tarik Al Said, Co-Founder and CEO, AZD Technologies: Interview
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Interview: Sayyid Azzan bin Kais Tarik Al Said In what ways can nano-diamond technology boost Omani industry and manufacturing? SAYYID AZZAN BIN KAIS TARIK AL SAID: Until recently Oman did not have the capacity to perform metal strengthening, a process that is especially important in this part of the world due to the corrosion caused by the local climate. This is an issue of particular importance in…
Interview

Said Abdullah Al Mandhari, CEO, ITHCA Group: Interview
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Interview: Said Abdullah Al Mandhari To what extent can disruptive technologies enable economic development in Oman? SAID ABDULLAH AL MANDHARI: Advanced technologies and blockchain, in particular, have enormous potential to enhance Oman’s long-term economic development, especially considering the current business environment. Artificial intelligence (AI), big-data analytics, blockchain and the internet…
Interview

Ali Al Shidhani, Undersecretary for Communications and IT: Interview
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Interview: Ali Al Shidhani How can the expansion of the communications and IT sector support national development goals? ALI AL SHIDHANI: The digital economy is expected to constitute 25% of global GDP by 2025, underscoring the importance of investing in the sector. Oman has been implementing digitisation strategies since the early 2000s, mainly focused on government services. However, the digital…
Interview

Talal Al Mamari, CEO, Omantel: Interview
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Interview: Talal Al Mamari What needs to be done to ensure that ICT growth prospects translate into opportunities for local small and medium-sized enterprises (SMEs)? TALAL AL MAMARI: The digital ecosystem is impacting many aspects of the economy and especially SMEs, which are active consumers of technology. Many start-ups – most notably those operating in the field of technology – are making use…
Interview

Bader Al Zaidi, CEO, Vodafone Oman: Interview
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Interview: Bader Al Zaidi In which ways can competition and foreign investment create opportunities in the telecoms sector? BADER AL ZAIDI: The ICT sector in Oman has a key role to play in the country’s digital transformation and economic growth. With multinational companies expanding into the country, the ICT sector is adding value from multiple directions. The growth of digital-first and fully…
Interview

Omar Al Wahaibi, Group CEO, Nama Holding: Interview
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Interview: Omar Al Wahaibi Where do you see Oman’s investment priorities for developing its water infrastructure and services? OMAR AL WAHAIBI: Oman has overcome significant challenges in the recent past, demonstrating its resilience. The government is currently engaged in a widespread economic diversification plan under Oman Vision 2040 that is oriented around promoting investment and increasing…