Al Bustan Palace, Oman. 28 October 2014. The fish catch by the sultanate’s fishing industry is growing by 10 per cent a year and could reach 500,000 tonnes in 2020 compared with just over 200,000 tonnes in 2013, the MEED…
Category: Oman
MEED Oman Projects conference told Port Sultan Qaboos area to be the region’s premier tourism destination
The quickening pace of development in Muscat was unmistakably advertised at the end of August when the final commercial cargo was unloaded at Port Sultan Qaboos, the largest port servicing Oman’s capital. From that date, all cargo previously shipped to…
MEED Oman conference told borrowing and privatisation on the agenda as the sultanate faces up to lower oil prices
Al Bustan Palace, Oman. 27 October 2014. The annual MEED Oman Projects conference was told today that lower oil prices will increase pressure for the government to borrow and privatise as it seeks to maintain investment in major infrastructure projects.…
IMF forecasts Omani growth to be 5.5 per cent in 2014
Oman’s real GDP growth was 5.5 per cent in 2013 and will remain at this level in 2014, according to an IMF statement released earlier in May following an IMF mission to the sultanate. “Fiscal and external sectors are estimated…