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Oman Economic Research Highlights

How the energy sector can capitalise on renewables in support of Oman Vision 2040

Talal Al Awfi, Group CEO of OQ, and the OQ Leadership Team

In this Global Platform video, Talal Al Awfi and the OQ Leadership Team discuss Oman’s net-zero goals and outline the country’s potential to boost power generation from renewable resources, including wind...

The Report: Oman 2023

Due to the hydrocarbons-focused nature of its economy, Oman was not immune to the global shocks of the past decade. The government is therefore pursuing economic diversification, with specific sectors...

Oman Spotlight

Overview

How legislation will foster investment in Oman's economy
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Due to the hydrocarbons-focused nature of its economy, the sultanate was not immune to the global economic shocks of the past decade. The government is therefore pursuing broad economic...

Overview

Sultan Haitham bin Tarik Al Said
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On the course of progress leading towards Oman's auspicious future

Overview

How Oman’s energy sector is transitioning to clean fuels
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As Russia’s invasion of Ukraine and climate change continue to disrupt market dynamics, the transition to cleaner sources of energy has never been in sharper focus. Oman’s policy response is guided by...

Analysis

How regulatory framework supports sharia-compliant financing in Oman
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In December 2022 Oman marked 10 years since its establishment as a burgeoning destination for sharia-compliant banking and investment. The sultanate has successfully pushed for the development of...

Analysis

How Oman’s digital economy supports start-ups and innovation
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As part of its efforts to develop the digital economy, the government of Oman launched the National Digital Economy Programme (NDEP) in October 2021 to accelerate the sultanate’s technological...

Interview

Khamis bin Saif Al Jabri, Chairman, Oman Vision 2040 Implementation and Follow-up Unit
OBG
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On the progress of national digitalisation and diversification efforts

Overview

How institutional changes and diversification boost Oman’s economy
OBG
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At the confluence of the Gulf and Arabian Sea, Oman occupies a strategically important location for trade and logistics. Although it is not on the Gulf, Oman sits atop significant oil and natural gas reserves like its...

How legislation will foster investment in Oman's economy
Sultan Haitham bin Tarik Al Said
How Oman’s energy sector is transitioning to clean fuels
How regulatory framework supports sharia-compliant financing in Oman
How Oman’s digital economy supports start-ups and innovation
Khamis bin Saif Al Jabri, Chairman, Oman Vision 2040 Implementation and Follow-up Unit
How institutional changes and diversification boost Oman’s economy
 

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...

Oman leverages non-oil sector development to propel economic growth

Oxford Business Group has launched The Report: Oman 2023, highlighting how the sultanate is diversifying its economy, and accelerating privatisation and Omanisation. Supported by a robust...

Special Reports on Oman & the GCC

ESG Intelligence Report

Report: What factors are driving social development in Saudi Arabia?

Vision 2030 includes social development initiatives to empower micro-, small and medium-sized enterprises (MSMEs) and citizens, promote entrepreneurship and widen access to financing...

ESG Intelligence Report

Report: How can Saudi Arabia finance sustainable industrial development?

Guided by the Vision 2030 strategy for diversification, rapid advancements are being made in Saudi industry, mining, logistics and renewable energy. As the Kingdom works towards reaching net-zero...

Covid-19 Response Report

Report: Was Oman's banking sector resilient enough to support economic stability during the pandemic?

Oman’s economy was heavily reliant on hydrocarbons when the pandemic began, creating fiscal pressures as demand and prices fell. However, the country was able to rely on a well-capitalised and...

ESG Intelligence Report

Report: The future of sustainable finance in Kuwait’s banking sector

The regulatory landscape for Gulf financial service providers is changing, with growing awareness of the need for banking institutions to adopt sustainable finance frameworks and responsible lending...

ESG Intelligence Report

Report: How Qatar is confronting environmental and social challenges

With the publication of its National Environment and Climate Change Strategy in 2021, Qatar has recognised that a proactive and holistic approach is needed to meet the challenge of global warming and...

ESG Intelligence Report

Report: The road to a zero-emission automotive industry in the Middle East and Africa

Automotive stakeholders are increasingly aware that the business-as-usual scenario that has sustained the industry for more than 100 years is no longer tenable. Regulatory changes and emissions-reduction...

Report: What factors are driving social development in Saudi Arabia?
Report: How can Saudi Arabia finance sustainable industrial development?
Report: Was Oman's banking sector resilient enough to support economic stability during the pandemic?
Report: The future of sustainable finance in Kuwait’s banking sector
Report: How Qatar is confronting environmental and social challenges
Report: The road to a zero-emission automotive industry in the Middle East and Africa
 

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Economic News & Views on Oman and the GCC

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...


Economic News

Gulf countries developing regulatory frameworks for decentralised finance

As GCC countries look to harness new forms of financial technology (fintech) such as blockchain, deepen their financial services and expand financial inclusion, governments are embracing decentralised finance (DeFi) and are working to attract cryptocurrency companies to the region. In DeFi – peer-to-peer financial services with no central authority or intermediary involved in trading, lending, investing and other activities – GCC countries see the opportunity to diversify their economies and embrace Web3 technologies...


Economic News

Gulf countries explore e-sports as part of diversification plans

As Gulf countries implement plans to diversify their economies and create jobs, they are increasingly investing in the growing industry around competitive video games known as electronic sports (e-sports). In February the gaming unit of Saudi Arabia’s Public Investment Fund, Savvy Games Group, purchased a $265m stake in China’s Tencent Holdings-backed e-sports company VSPO, becoming its largest equity holder. Savvy Games Group also increased its share of Japanese gaming giant Nintendo...


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