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 ...

Oman’s construction and real estate sectors are growing at a rapid pace, owing to government investment in housing to meet the needs of a growing population and greater foreign investment in mixed-use ...

On the role of sovereign wealth funds in encouraging foreign direct investment and good governance Why is governance so central to the success of sovereign wealth fund investment? ALI MAHMOUD: Good ...

Strategically located on the south-eastern coast of the Arabian Peninsula, Oman is capitalising on its geographic advantages through substantial investment in road, port, airport and rail projects, ...

Announced in October, 2020, the government’s Rabt programme is designed to support economic growth and national energy security through the modernisation of Oman’s power system, integrating the north ...

In this interview with KTV2's Good Morning Kuwait, Andrew Jeffreys, OBG's CEO, shares his thoughts on GCC economics, particularly on Kuwait's momentum and the positive outlook within the country's ...

Oman released its green hydrogen strategy in 2022, simultaneously establishing Hydrogen Oman (Hydrom), a government-owned private entity mandated to implement strategy and manage and attract ...

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 ...

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 ...

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 ...

GCC countries have been actively pursuing workforce nationalisation policies to reduce their reliance on expatriate workers and create sustainable employment opportunities for their growing local ...

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 ...