The energy transition advanced in 2023 despite geopolitical tensions, supply chain disruptions and inflationary pressures that maintained elevated energy prices globally. Prices fell from 2022’s ...

Future Fund Oman (FFO) began operations, aiming to mobilise public and private capital behind one of the largest investment rollouts in the sultanate’s history. Set to provide OR400m ($1bn) per year ...

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 ...

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 ...

Interview: Abdullah Al Salmi To what extent can capital markets contribute to the diversification goals of Oman Vision 2040? ABDULLAH AL SALMI: Capital markets are pivotal in financing economic ...

Interview: Salim M Almahruqi Which strategies are being implemented to develop tourism following the Covid-19 pandemic? SALIM M ALMAHRUQI: Oman Vision 2040 guides policies in heritage preservation, ...

Oman’s banking sector is undergoing a significant transformation, driven by the introduction of the new Oman Banking Law under Royal Decree No. 2 of 2025 and a regulatory framework for open banking.

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 diversifying its economy, reducing reliance on hydrocarbons by expanding sectors like agriculture, fisheries, banking and manufacturing. Strategic reforms, infrastructure investment and a ...

With its international trade showing robust growth and its foreign direct investment (FDI) flow continuing to strengthen, Oman is already an important destination for trade and investment in the GCC.

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 ...