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 ...

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 ...

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 ...

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 ...

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 ...

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

Trade between the Association of South-east Asian Nations (ASEAN) and the GCC has grown in recent years, as economies in both regions seek to capitalise on mutually beneficial opportunities, and ...

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 ...

With the launch of a new joint initiative to support the countries most vulnerable to climate change, the global insurance industry is evolving in ways that could carry important implications for ...

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 ...

With global spending on AI projected to reach $632bn by 2028, expanding at a compound annual growth rate of 29% between 2024 and 2028, Oman has launched its National Programme for AI and Advanced ...

Despite the ongoing macroeconomic and geopolitical headwinds experienced by the global economy, one area of the international financial system that has shown steady progression is digital payments.