Oman Retail Sector Research Highlights

Interview

Ahmed Akaak, CEO, Special Economic Zone at Duqm: Interview
OBG
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Interview: Ahmed Akaak To what extent can infrastructure development attract and sustain industrial investment? AHMED AKAAK: Globally competitive infrastructure is essential to attracting and sustaining industrial investment in Oman’s economic zones. For example, critical assets at Duqm include the multipurpose fisheries port, which features dedicated fisheries industrial complex housing processing…

Interview

Harssha Shetty, CEO, Jindal Shadeed Iron & Steel: Interview
OBG
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Interview: Harssha Shetty What role is the iron and steel industry expected to play in Oman’s development and industrialisation? HARSSHA SHETTY: The iron and steel industry is pivotal to Oman’s economic development and industrialisation, aligning with Oman Vision 2040. Historically, manufacturing – specifically steel production – has been a catalyst for wealth creation. Steel is a crucial…

Interview

Dawood Al Hadabi, CEO, Public Establishment for Industrial Estates: Interview
OBG
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Interview: Dawood Al Hadabi Which strategies is Oman using to enhance the competitiveness of its industrial areas? DAWOOD AL HADABI: The strategies being implemented are deeply integrated with the objectives outlined in Oman Vision 2040. This vision encompasses a comprehensive approach to diversifying the energy portfolio to reduce carbon emissions and the dependency on traditional sources like natural…

Analysis

New technologies reshape manufacturing in emerging markets
OBG
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Amid the backdrop of dynamic shifts in global trade patterns and technological advancement, Industry 4.0 and artificial intelligence (AI) are substantially reshaping manufacturing landscapes in emerging markets. Although challenges exist for full implementation – including infrastructure and skill gaps – rapid urbanisation and a burgeoning young workforce in these countries drive demand for automation…

Analysis

Increasing competition between buy now/pay later players
OBG
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Building on the momentum seen in the e-commerce space during the Covid-19 pandemic, the buy now/ pay later (BNPL) model is one of the fastest-growing segments in consumer finance, particularly in emerging markets. BNPL providers offer point-of-sale loans that consumers can repay in instalments over the course of weeks or even months. Charging little to no interest, these microcredit providers make…

Overview

Economic reforms reshape Oman's commercial landscape
OBG
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Oman has taken numerous steps to reshape its economic landscape in recent years, gradually moving away from dependence on hydrocarbons. While oil and gas continue to play a significant role in GDP and exports, the sultanate has made notable progress in developing its manufacturing base, expanding retail activity, and attracting local and foreign investment in strategic sectors. Key reforms, government-led…

Chapter

The Report: Oman 2025: Industry & Retail
OBG
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Oman is steadily transforming its economy by reducing reliance on oil and gas, and promoting growth in other sectors. While hydrocarbons remain important, the country has made significant strides in expanding its manufacturing and retail industries. These developments are supported by government reforms, strategic investment, and large-scale infrastructure and industrial projects. As a result, employment…

Country Report

The Report: Oman 2025
OBG
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Oman is actively diversifying its economy as part of its Oman Vision 2040 strategy, reducing its reliance on hydrocarbons by expanding sectors like agriculture, fisheries, manufacturing, and banking. The government’s focus on sustainable development is driving growth, particularly through strategic reforms, infrastructure projects and investment in renewable energy...

Country Report

The Report: Oman 2023
OBG
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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, Omanâ€™s sover

Overview

Small and medium-sized enterprises key to global industrial growth
OBG
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Small and medium-sized enterprises (SMEs) drive economic growth and employment, accounting for an average of 33% of GDP and 45% of the workforce in high-income countries, and over 60% of GDP and 70% of employment in developing economies. Their rise has been crucial to economic diversification and resilience, particularly in countries vulnerable to commodity price fluctuations. SMEs have also…

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Oman Retail Sector Research Highlights

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