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 itself as a global leader in green hydrogen, renewable energy and digital transformation while capitalising on its strategic location as a logistics hub. Sectors such as tourism,…
Interview: Mohammed Al Harthy Where do you identify investment opportunities in the agriculture sector? MOHAMMED AL HARTHY: Players in the domestic agriculture industry have placed a significant emphasis on ensuring food security, thus presenting substantial prospects for local entities within the agri-food segment, including for our newly rebranded organisation, Nitaj. Nitaj aims to bridge the gap…
Interview: Nabil bin Salim Al Bimani What are the main investment opportunities for the local fishing industry, and how do you assess its potential as a contributor to the economy? NABIL BIN SALIM AL BIMANI: The local fishing industry is an important contributor to the economy and there is significant potential for this contribution to grow. The strategic focus for the 2023-26 period will be centred…
With 3200 km of coastline and swathes of cultivated land, agriculture and fisheries are key economic activities across the sultanate, providing employment opportunities, and supporting the country’s economic diversification and food security efforts. These were vital industries prior to the discovery of hydrocarbons, particularly for coastal communities. The climate allows for year-round fishing,…
With per capita fish consumption having doubled in the past six decades, aquaculture is becoming increasingly important when it comes to combatting food insecurity. Recent innovations seek to improve sustainability and productivity while assuaging quality concerns. Venture capitalists invested $39bn in food tech start-ups in 2021, double the amount seen in 2020. While over half of this amount went…
In light of the Covid-19 pandemic, supply chain disruptions and broader environmental concerns, many countries are looking to improve the efficiency of agriculture while reducing their carbon footprint. Russia’s invasion of Ukraine, which curtailed exports of maize, wheat and cooking oil from two of the world’s key producers, has given this more impetus and raised broader concerns about global…
With 3200 km of coastline and swathes of cultivated land, agriculture and fisheries are key economic activities across the sultanate, providing employment opportunities, and supporting the country’s economic diversification and food security efforts. These were vital industries prior to the discovery of hydrocarbons, particularly for coastal communities. The climate allows for year-round fishing,…
Oman has successfully stabilised public finances by implementing cost-saving measures and reforms while benefiting from higher oil prices. Additionally, the government is focusing on enhancing oversight and consolidating public sector entities to enhance efficiencies, improve the business environment and attract greater foreign direct investment over the long term. As a result, Oman’s sover
Food production in the GCC has long faced obstacles ranging from water scarcity to a lack of arable soil – factors that are being exacerbated by climate change. Prior to Covid-19, imports accounted for 85% of the region’s collective food needs. However, the disruption to global supply chains precipitated by the pandemic – as well as the more recent invasion of Ukraine by Russia – has underlined…
Exhibiting sectors: Agricultural products Poultry and dairy products Beverages (including tea and coffee) Food products Catering and kitchen equipment HoReCa and hotel supplies Food-processing technology Ingredients and seasoning Packaging products Food & Hospitality Oman is recognized as the biggest event in Oman for the food and hospitality industry. It was granted “UFI-Approved…
