Category: OMAN-A NATION ON THE MOVE 2017



OMAN-A NATION ON THE MOVE 2017
CMA-thumb
On a growth trajectory   

With several companies floating their shares on the local bourse, local investors are having ample opportunities to deploy their funds     The Sultanate’s primary market has witnessed hectic activity with at least four national insurance firms floating shares on the local bourse. Although several other companies, including Muscat City Desalination Company, Mining Development Oman, Kunooz […]

OMAN-A NATION ON THE MOVE 2017
Port Sohar
Maritime strength  

  The multipronged development of ports, freezones and shipping lines will attract foreign direct investment into Oman  Port development is an important part of the government’s strategy to diversify the country’s economy. The country’s three major ports – Salalah, Sohar and Duqm and adjoining industrial areas and freezones are all attracting investment as well as […]

OMAN-A NATION ON THE MOVE 2017
real estate oman
World-class experience

Real estate developers are focussing on mega integrated tourism complexes and high end properties for Omanis Real estate developers are focusing on Integrated Tourism Complex (ITC) projects, which offer several thousand homes for foreigners. According to an estimate, more than 5,000 new homes will be available for expats to buy across Oman under an ambitious […]

OMAN-A NATION ON THE MOVE 2017
SQU
Quality education  

  The focus now is more on setting up universities with specialised programmes   The strategy of Oman government is to build a knowledge-based society through higher investment in education centres, streamlining curriculum and enhancing the role of private sector in higher education. For more than four-and-a-half decades, the government has invested heavily in raising […]

OMAN-A NATION ON THE MOVE 2017
Tourism
Strong tailwinds

Expansion of hotel rooms, a new international airport, the Oman Exhibition and Convention centre and the growing footprint of Oman Air is expected to give a fillip to tourism growth in the country One of the most important sectors for the country’s fast diversification programme is undoubtedly tourism. The National Strategy for Tourism 2040 aims […]

OMAN-A NATION ON THE MOVE 2017
TRA Building comp
Weathering the storm   

Oman’s telecommunication firms will have to devise new strategies to strengthen their earnings and market position Oman’s telecommunication firms are going to face a relatively tough period with an increase royalty and the government’s decision to allow one more main service provider. The companies will have to devise new strategy to strengthen their earnings and […]

OMAN-A NATION ON THE MOVE 2017
Nama
Powering the nation

Several natural gas-fired power plants in Oman are expected to reach the completion stage in the next one to three years, which will strengthen the generation capacity in Oman. These projects include Sohar 3 and Ibri, which will have a combined capacity of 3,219 megawatt (MW), and Salalah II, which has a generation capacity of […]