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Oman Economic Research Highlights

The Report: Oman 2025

Oman is diversifying its economy, reducing reliance on hydrocarbons by expanding sectors like agriculture, fisheries, banking and manufacturing. Strategic reforms, infrastructure investment...

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...

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...

Banking in Oman 2025

Overview

Oman banking sector evolves with reform and digital drive
OBG
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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...

Interview

Sheikh Waleed Khamis Al Hashar
OBG
plus

On utilising new technology to widen the scope of services offerings

Interview

Said Abdullah Al Hatmi, CEO, ahlibank,
OBG
plus

On how financial service providers are adapting to customer needs and contributing to long-term economic diversification developments

Interview

Khalid Jamal Al Kayed, CEO, Bank Nizwa
OBG
plus

On the sector’s role in financing public infrastructure development priorities

Interview

Hussain Al Lawati, CEO, Development Bank
OBG
plus

On how lenders are driving financial inclusion for smaller companies and the prospects for eco-friendly financing

Oman banking sector evolves with reform and digital drive
Sheikh Waleed Khamis Al Hashar
Said Abdullah Al Hatmi, CEO, ahlibank,
Khalid Jamal Al Kayed, CEO, Bank Nizwa
Hussain Al Lawati, CEO, Development Bank
 

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...

Financial Services in Oman 2025

Overview

Oman capital markets set for growth as reforms deepen securities and bonds
OBG
plus

In addition to its banking sector, Oman’s financial services industry includes a growing insurance sector and rapidly developing capital markets. In 2024 the insurance sector maintained its growth trajectory...

Interview

Abdulsalam Al Murshidi, President, Oman Investment Authority
OBG
plus

On driving economic diversification

Interview

Abdullah Al Salmi, Executive President, Financial Services Authority
OBG
plus

On how global partnerships enhance integration and financial literacy contributes to market participation

Interview

Faisal Al Farsi, CEO, Social Protection Fund
OBG
plus

On fostering greater inclusion in social insurance systems

Viewpoint

Mahmood Al Aweini, Secretary-General, Ministry of Finance (MoF)

On building financial sustainability and economic resilience

Interview

Abdulaziz Al Balushi, Group CEO, Ominvest
OBG
plus

On boosting investor confidence and meeting international standards

Interview

Khalid Al Balushi, CEO, TANMIA
OBG
plus

On increased investment opportunities in digital payments and cybersecurity

Interview

Tariq Sulaiman Al Farsi, CEO, National Finance
OBG
plus

On increased demand for sustainability and diversity in financial products

Oman capital markets set for growth as reforms deepen securities and bonds
Abdulsalam Al Murshidi, President, Oman Investment Authority
Abdullah Al Salmi, Executive President, Financial Services Authority
Faisal Al Farsi, CEO, Social Protection Fund
Mahmood Al Aweini, Secretary-General, Ministry of Finance (MoF)
Abdulaziz Al Balushi, Group CEO, Ominvest
Khalid Al Balushi, CEO, TANMIA
Tariq Sulaiman Al Farsi, CEO, National Finance
 

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...

Oman Economic Spotlight

Overview

Oman's economy supports sustainable development
OBG
plus

Sound economic management, a revival in hydrocarbons prices and a series of new development plans are combining to make Oman an increasingly attractive destination for foreign investment in the...

Viewpoint

Sultan Haitham bin Tarik Al Said
OBG
plus

On diversifying the national economy and utilising frontier technologies

Overview

Financial services programmes deepen securities in Oman
OBG
plus

In addition to its banking sector, Oman’s financial services industry includes a growing insurance sector and rapidly developing capital markets. In 2024 the insurance sector maintained its growth trajectory...

Interview

Sheikh Waleed Khamis Al Hashar, CEO, Bank Muscat
OBG
plus

On utilising new technology to widen the scope of service offerings

Analysis

Boost to Oman's artificial intelligence drives economic diversification
OBG
plus

With global spending on AI projected to reach $632bn by 2028, expanding at a compound annual growth rate of 29% between 2024 and 2028, Oman has launched its National Programme for AI and...

Interview

Sultan Al Wahaibi, CEO, Oman Broadband Company
OBG
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On how expanding infrastructure can help attract investment, bridge the digital divide and maintain global competitiveness

Overview

Oman diversifies its economy through sustainable development
OBG
plus

Institutional changes and various diversification efforts are propelling the country’s economy forwards. At the confluence of the Gulf and Arabian Sea, Oman occupies a strategically important location for trade...

Analysis

Global tourism reaches pre-pandemic levels
OBG
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The global tourism sector has largely recovered from the impact of the Covid-19 pandemic. According to the UN Tourism’s World Tourism Barometer published in January 2025, international tourism ended 2024...

Oman's economy supports sustainable development
Sultan Haitham bin Tarik Al Said
Financial services programmes deepen securities in Oman
Sheikh Waleed Khamis Al Hashar, CEO, Bank Muscat
Boost to Oman's artificial intelligence drives economic diversification
Sultan Al Wahaibi, CEO, Oman Broadband Company
Oman diversifies its economy through sustainable development
Global tourism reaches pre-pandemic levels
 

Special Reports on Oman & the Middle East

Focus Report

Focus Report: Trade and investment opportunities in Oman's special economic and free trade zones

Recent disruptions to global supply chains and recognition from policymakers about the urgent need to diversify the economy are combining to stimulate industrial development in Oman...

Special Report

Report: How is Saudi Arabia leveraging sustainable practices to transform its cultural sector?

Under the stewardship of the Ministry of Culture, Saudi Arabia’s cultural sector is experiencing rapid growth, driven by a strategic commitment to preserving and promoting the Kingdom’s rich history, national...

Special Report

Report: How is Saudi Arabia boosting economic diversification through MSME empowerment?

The empowerment of micro-, small and medium-sized enterprises (MSMEs) in Saudi Arabia is key to driving economic diversification and resilience. The Kingdom has laid out strategic foundations to support MSME...

Report: Oman’s digital economy and its transformative potential

Oman’s digital transformation is revolutionising its economy and society. With the National Programme for Digital Economy driving progress, the country is bolstering its telecommunications...

Special Report

Report: How can the private sector capitalise on opportunities in the Saudi leisure industry?

Saudi Arabia is undergoing a period of sweeping social transformation and economic diversification underpinned by Vision 2030. This is creating a fertile environment for private businesses to expand into...

Special Report

Driving Saudi Arabia's economic transformation: Unleashing growth and innovation across strategic sectors

Saudi Arabia’s Vision 2030 blueprint for socio-economic transformation is capturing international attention. Beyond high-profile projects and events, strategic cohesion and societal support are facilitating tangible developments on the ground...

Socio-Economic Footprint Study

Unlocking opportunities: How higher education drives socio-economic development in Saudi Arabia

Saudi Vision 2030 and the evolution of education in Saudi Arabia are key drivers of the country’s socio-economic transformation. With a focus on national development goals, Saudi Arabia is committed...

Focus Report

Report: Is the Gulf shipping and logistics sector future-ready?

In the wake of a period of severe disruption to global trade, Gulf shipping and logistics companies are adapting to government efforts to boost self-sufficiency in the region, while also investing...

Focus Report: Trade and investment opportunities in Oman's special economic and free trade zones
Report: How is Saudi Arabia leveraging sustainable practices to transform its cultural sector?
Report: How is Saudi Arabia boosting economic diversification through MSME empowerment?
Report: Oman’s digital economy and its transformative potential
Report: How can the private sector capitalise on opportunities in the Saudi leisure industry?
Driving Saudi Arabia's economic transformation: Unleashing growth and innovation across strategic sectors
saudi
Unlocking opportunities: How higher education drives socio-economic development in Saudi Arabia
Report: Is the Gulf shipping and logistics sector future-ready?
 

Oman Vision 2040 shaping the future of tourism and sustainability

Salim M. AlMahruqi, Oman's Minister of Heritage and Tourism, and Azzan AlBusaidi, Oman's Undersecretary of Tourism

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...

The Report & Key Interviews in the Middle East

Country Report

The Report: Qatar 2025
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Qatar is channeling its hydrocarbons wealth into long-term economic transformation, with diversification accelerating after the FIFA 2022 World Cup. In 2024 non-oil sectors accounted for over 60% of GDP...

Country Report

The Report: Ajman 2025
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plus

Ajman is accelerating economic diversification through industrial growth, tourism and innovation-driven development. The emirate’s forward-looking policies, including Ajman Vision 2030, focus on...

Country Report

The Report: Bahrain 2024
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plus

Bahrain's economy is accelerating, fuelled by a dynamic private sector and increasing foreign interest. Relatively low inflation has added to the kingdom’s appeal as a place to do business, while interest...

Country Report

The Report: Saudi Arabia 2024
OBG
plus

Saudi Arabia’s economy is diversifying under Vision 2030, with strong growth in the digital economy and government-led giga-projects. While oil activity slowed in 2023, tourism income surged 38%...

Global Platform

Driving innovation and sustainability in Qatar's banking sector

In this Global Platform video, Shahnawaz Rashid talks about the strategies for driving innovation and sustainability in Qatar's banking sector. Qatar has developed strong infrastructure, including roads...

Global Platform

Ensuring business continuity and supporting private sector development in Qatar

In this Global Platform video, Oxford Business Group speaks with Sheikh Faisal Bin Qassim Al Thani, Founder and Chairman, Al Faisal Holding, and key leaders of the privately held diversified group...

Global Platform

Sharjah focusing on culture and sustainability to drive tourism

In this Global Platform video, Oxford Business Group speaks with Khalid Jasim Al Midfa, Chairman, Sharjah Commerce and Tourism Development Authority (SCTDA) about Sharjah’s strategies for fostering...

The Report: Qatar 2025
The Report: Ajman 2025
The Report: Ajman 2025
The Report: Bahrain 2024
The Report: Saudi Arabia 2024 - tabletop
The Report: Saudi Arabia 2024
Driving innovation and sustainability in Qatar's banking sector
Key leaders of Al Faisal Holding
Ensuring business continuity and supporting private sector development in Qatar
Global Platform: Khalid Jasim Al Midfa, Chairman of Sharjah Commerce and Tourism Development Authority (SCTDA), discussing Sharjah's focus on culture and sustainability to drive tourism in 2024
Sharjah focusing on culture and sustainability to drive tourism
 

Report: Strategic investment driving green energy, digital innovation and sustainable growth in Oman

Oman is embarking on a transformative journey under Vision 2040, combining innovation and sustainability to redefine its economic landscape. This report showcases...

Economic News & Views on Oman and the Middle East

Economic View

Eman Mojali, CEO, Bahrain National Insurance

On building a regulatory framework and consumer awareness to support growth


Economic View

Michael Michael, CEO, Doha Exhibition and Convention Centre (DECC) and Qatar Business Events Corporation

On catering to local and global audiences with new technologies and safety measures


Economic Views

Jack Uppal, President and Managing Director – Africa and Middle East, General Motors (GM)

On learning from supply chain challenges and the development of other segments


Economic View

David Grover, Group CEO, ROSHN

On the trends shaping the Kingdom’s real estate market


Economic View

Wajdy Al Ghabban, CEO, Catrion

On developments in Saudi Arabia’s catering industry


Economic View

Ahmed Al Shamsi, Managing Director and CEO, Abu Dhabi Sustainable Water Solutions Company (SWS)

On innovative approaches in water conservation and reuse


Economic Views

Ali Al Dhaheri, CEO, Tadweer

On the business opportunities presented by sustainable waste management


Economic News

Gulf countries look to space to harness scientific and commercial opportunities

In the push to embrace emerging technologies and harness their potential commercial opportunities, Gulf countries are launching new initiatives to bolster their domestic space industries. In June Saudi Arabia’s Council of Ministers approved the transformation of the Saudi Space Commission, which was launched in 2018, into a full government agency known as the Saudi Space Agency (SSA), underscoring the Kingdom’s commitment to the space sector and exploration activities. The move followed the successful launch...