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There were 168 results found for Oman and Industry

There were 168 results found.
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

Integration of Oman's electricity grids drives investment
OBG
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Oman’s utilities sector is undergoing notable transformation, with the government prioritising renewable energy production. The country’s population – 5.5m as of early 2025 – is expanding, so sector operators are working to raise the efficiency and cost-effectiveness of electricity and water distribution networks through a range of regulatory and infrastructure upgrades. Private investment…

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…

Overview

Updated mining infrastructure efforts offer investment opportunties in Oman
OBG
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In January 2025 Oman exported its first shipment of copper concentrate in 30 years, a major symbolic step in the revitalisation of the sultanate’s mining sector. Government-owned mining company Minerals Development Oman (MDO) is overseeing 12 concession areas to grow domestic production of in-demand minerals such as iron, copper and silica. In addition, MDO is expanding existing production capacity…

Chapter

The Report: Oman 2025: Industry & Retail
OBG
plus

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…

Chapter

The Report: Oman 2025: Utilities
OBG
plus

Oman’s utilities sector is experiencing significant change as the country places greater emphasis on renewable energy. With a growing population of 5.5 million as of early 2025, the demand for electricity and water is rising. In response, efforts are being made to improve the efficiency and cost-effectiveness of distribution networks through regulatory reforms and infrastructure upgrades. Private…

Chapter

The Report: Oman 2025: Mining
OBG
plus

Oman’s mining sector is undergoing a significant revival, marked by the recent export of copper concentrate for the first time in decades. This milestone highlights the country’s efforts to boost domestic mineral production, focusing on resources such as copper, iron and silica, as well as expanding capacity for materials like limestone and marble. The sector’s development is supported by dedicated…

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...

Focus Report

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

Read the report in Arabic 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…

Economic News

Gulf countries look to space to harness scientific and commercial opportunities
OBG
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– Space sector could galvanise diversification in technology, defence and tourism – Newly established Saudi Space Agency is projected to accelerate investment – The UAE is expanding its capabilities in exploration and satellite imaging – Global partnerships with Chinese and Western firms prioritise localisation In the push to embrace emerging technologies and harness their…

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