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A look at Oman's energy and minerals sector.
On Oman’s long southeastern coastline lies the port city of Duqm. The port directly faces the waters of the Arabian Sea and the Indian Ocean beyond that. Given Duqm’s strategic location, the authorities are hoping it will serve as a safe-haven for oceangoing vessels to refuel, make emergency stops, and carry out maintenance operations—to say nothing of the port’s potential to create a hub-and-spoke maritime logistics system. This 20-page special report, supported by the Public Authority for Special Economic Zones and Free Zones (OPAZ), features interviews with Duqm's top movers and shakers, as well as news and analysis.
A look at Oman's wide ranging economic masterplan.
Oman, for some time, has been a nation on the move. An integral part of the GCC, it is also seeking to extend its influence further afield via the development of port infrastructure that is set to make it a firm fixture on the East-West transport route. But Oman isn't developing unguided, instead sticking faithfully to Vision 2040, a wide-ranging, ambitious blueprint that foresees the development of a diverse, sustainable economy unshackled by a reliance on oil and gas, which currently plagues much of the region. In this edition, which features interviews with top business leaders from across the economy, as well as news and analysis, we cover: diplomacy, finance, Vision 2040, 4th Industrial Revolution, digital innovation, sustainability, logistics, real estate, agribusiness, and tourism and retail.
- Minerals Yearbook, 2014, V. 3: Area Reports: International: Asia and the Pacific. Volume III, Area Reports: International, is published as four separate reports. These regional reports contain the latest available minerals data on more than 180 foreign countries and discuss the importance of minerals to the economies of these nations and the United States. Each report begins with an overview of the region's mineral industries during the year. It continues with individual country chapters that examine the mining, refining, processing, and use of minerals in each country of the region and how each country's mineral industry relates to U.S. industry. Most chapters include production tables and industry structure tables, information about Government policies and programs that affect the country's mineral industry, and an outlook section.

Oman

International Monetary Fund. Middle East and Central Asia Dept.

Published: 2024-01-29

Total Pages: 92


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Economic activity has recovered, supported by favorable oil prices and sustained reform momentum. Inflation remains low. After years in deficit, fiscal and current account balances have turned into surpluses on the back of high energy prices and prudent fiscal management. Public sector debt has been reduced markedly as windfall savings were deployed to prepay debt. The authorities have made substantial progress in implementing Oman Vision 2040, but more remains to be done to reduce Oman’s reliance on hydrocarbons and bolster prospects for non-hydrocarbon growth.
Oil, gas and mineral deposits are a substantial part of the wealth of many countries, not least in developing and emerging market economies. Harnessing some part of that wealth for fiscal purposes is critical for economic development: in few areas of economic life are the returns to good policy so large, or mistakes so costly.
This Encyclopedia provides a cutting-edge, up-to-date reference source on mineral and energy policies around the world. It offers information on GDP, population, investment scenarios and current environmental regulations in over one hundred thirty countries from 13 geographic regions around the world. It covers topics such as geo-conservation, deep mining technology as well as rare earth, green technology and international organizations that are actively involved in minerals and energy through exploration, arbitration, marketing and investment. Topical entries are presented alphabetically with extensive cross-referencing to ensure user-friendly reading. This Encyclopedia presents the work of more than 20 section editors and more than 100 international experts in the fields of mineral and energy policies. It is designed as a essential resource for researchers, students, libraries, industry, governments, and international organizations and presents a wealth of insights and guidance for corporate planning regarding exploration and financial investments, as well as for venture capitalist and international funding bodies. As such, it provides an indispensable point of reference for future research on mineral and energy policy.