Special Report: Duqm

Special Report: Duqm PDF

Author:

Publisher: The Business Year

Published:

Total Pages: 20

ISBN-13:

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On Oman’s long southeastern coastline lies the port city of Duqm. The port directly faces the waters of the Arabian Sea and the Indian Ocean beyond that. Given Duqm’s strategic location, the authorities are hoping it will serve as a safe-haven for oceangoing vessels to refuel, make emergency stops, and carry out maintenance operations—to say nothing of the port’s potential to create a hub-and-spoke maritime logistics system. This 20-page special report, supported by the Public Authority for Special Economic Zones and Free Zones (OPAZ), features interviews with Duqm's top movers and shakers, as well as news and analysis.

Special Report: Oman Power, Water & Sustainability

Special Report: Oman Power, Water & Sustainability PDF

Author: Peter Howson

Publisher: The Business Year

Published:

Total Pages: 15

ISBN-13:

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As Oman continues deals with extraordinary pressures on the oil market and as a result of the pressures brought by COVID-19, this 15-page special report on the power, water, and sustainability environment is a crucial snapshot as a sector on the verge of unprecedented relevance.

The Report: Oman 2016

The Report: Oman 2016 PDF

Author: Oxford Business Group

Publisher: Oxford Business Group

Published: 2016-01-12

Total Pages: 275

ISBN-13: 1910068489

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Oman’s GDP grew 4.6% between 2013 and 2014 according to the Oman Central Bank, with hydrocarbons the main driver of the economy at almost 50% of GDP. Although the dip in oil prices has put pressure on government revenues, authorities are pressing ahead with spending plans for the sector, particularly in the downstream segment. The country’s infrastructure expansion plans are also moving forward, particularly at the country’s three ports as the country seeks to leverage its strategic position on the Strait of Hormuz and establish itself as a global transport and logistics hub. Feeding off this development drive are the sultanate’s banks, with project finance regarded as one of the most promising areas for lending growth. In the longer term, Oman Vision 2020 seeks to boost private sector participation in the economy and fuel SME growth in key sectors, including construction, retail, tourism and transport.

The Report: Oman 2015

The Report: Oman 2015 PDF

Author: Oxford Business Group

Publisher: Oxford Business Group

Published: 2015-01-21

Total Pages: 292

ISBN-13: 1910068217

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As with most of its neighbours in the GCC region, oil and gas remains a significant contributor to Oman’s economy, accounting for around 50% of GDP. While the recent slump in oil prices is a concern, increased investment in enhanced oil recovery techniques in recent times has attempted to make up for this decline, with supply increasing as a result. Meanwhile, Oman’s industrial sector, particularly the petrochemicals segment, is poised for large expansion with ongoing investment in downstream infrastructure and new facilities in the pipeline for the Sohar and Salalah industrial regions expected to contribute significantly to output before 2020. Added to this is the rapid development of Oman’s ports, rail and airports, which is expected to drive its reputation as a regional logistics hub while developing the tourism sector, which is considered as key moving forward.

The Report: Oman 2017

The Report: Oman 2017 PDF

Author:

Publisher: Oxford Business Group

Published:

Total Pages:

ISBN-13: 1910068764

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Oman’s economy contracted by 13.8% in nominal terms in 2015 as the ongoing low oil price environment squeezed growth and led to the largest budget deficit in over a decade. In a bid to tackle the shortfall the government is taking a number of revenue-raising measures such as cutting subsidies and increasing corporation tax, while remaining focused on its long-term diversification goals. Though hydrocarbons still account for 33.9% of GDP and 78.7% of state revenues, non-oil sectors are playing an increasingly prominent role in the country’s economic profile. Authorities are targeting heavy industries in particular with plans to boost their GDP contribution to from 19.8% today to 29% by 2020. Meanwhile annual growth of 6% is being targeted in the mining sector, with a host of regulatory initiatives being implemented as the government seeks to boost investor interest. Start reading

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