News

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