Seventh Five-Year
Plan: Blueprint for sustained growth
Oman has launched its ambitious
seventh five-year plan, 2006-2010.
The plan calls for the private sector
to play a larger role more
Economy on threshold of major diversification
When His Majesty
Sultan Qaboos Bin Said assumed power in
1970, he embarked on his vision of putting
the Sultanate on a progressive path of
making the country economically stable.more
The transformation of Sohar
Since the establishment
of the Sohar Industrial Port and the
development of related infrastructure,
Sohar has been witnessing a surge
in industrial activity. more
The OCIPED: a starting point for exporters
To boost
the country's exports and investment
potential, the government instituted
the Omani Center for Investment Promotion... more
Tourism on the
upswing
The
growing abilities of Omani shopkeepers
in tourist destinations to speak English,
French and even German is a sure indication
of tourism making its impact. more
Petroleum industry lights up progressive
path
The petroleum industry
forms the backbone of Oman's economy.
Over the past three decades, the oil
reserves has helped the Sultanate
move from strength to strength economically. more
Technology revolutionising
banking for further growth Since the last three decades
Oman's banking and financial services
sector has evolved into a large and
dynamic business segment of the economy. more
Telecom: From infancy to innovation
The telecom sector is still
in its infancy despite allowing foreign
players into the market in 2004 in
accordance with the directives of
the World Trade Organization (WTO). more
Real estate market
enjoying a boom
The real
estate market enjoyed healthy macroeconomic
environment in 2005. more
Private healthcare gets healthy dose
From having just two hospitals
and 13 physicians 35 years ago, Oman's
efficiency in healthcare delivery and
use of financial resources got high
recognition... more
Retailing takes a big leap
Oman is fast catching up with
"mall culture", which is so
predominant in the neighbouring countries.
Shopping complexes have sprung up in
Muscat, Salalah, Nizwa and Sohar. more
Hospitality industry blooms
Oman's hospitality industry is currently
witnessing an encouraging phase not
seen before. As more European tourists... more
Salalah’s Khareef Festival evolves
into a money spinner
With greenery galore, historic sites,
unspoilt seashores, a pollution-free
environment... more
A'Saffa Poulty Farms: Ruling the roost
A'Saffa Poultry Farms SAOG, the first
and the largest integrated poultry
project in Oman, took shape from concept
to a registered company in 2001. more