One year after the introduction of Tanfeedh, the national program for economic diversification, Oman reflects on the program's progress, all under the wise leadership of His Majesty Sultan Qaboos bin Said.

With growing global focus on renewable energy, increased cooperation between nations on energy-related projects will be the way forward.

TBY talks to Yarub Qudah, Minister of Industry, Trade and Supply of Jordan, on key initiatives to boost bilateral trade and relations, staying afloat amidst regional crises, and the importance of diversification.

A new automotive production venture and undersea gas pipeline project highlight the long-term and historic friendship between Oman and Iran, underscoring their policies of transparency and non-interference with the aim of achieving the best possible conditions for the economies and people of both countries.

TBY talks to Lee Chee Khian, CEO, Special Economic Zone Authority of Duqm (SEZAD), on the sector.

TBY talks to Abdullah Nasser Abdullah Al Bakri, Minister of Manpower (MoM), on its ongoing efforts to boost Omanization across sectors, streamlining the employment process in the private sector, and developing human resources in the country.

TBY talks to Khalid Ali Salim Al Senaidi, Head of Vision 2040 Office, on the steps involved in drafting Oman's Vision 2040, ensuring maximum community engagement, and identifying key sectors.

TBY talks to Khalid Al Yahmadi, CEO of Muscat National Development and Investment Company (ASAAS), on its projects to diversify Oman's economy, sectors with growth potential, and its goals for 2018.

With many policies to encourage start-ups and boost awareness of the benefits of entrepreneurship, more people are willing to consider starting their own business.

TBY talks to Khalifa Abdullah Al-Barwani, CEO of the National Center for Statistics and Information (NCSI), on the many benefits of its information apps, the growing focus on logistics, and supporting the public and private sectors with valuable data.

TBY talks to Khalid bin Al Safi Al Haribi, Acting CEO of the Public Authority for SMEs Development (Riyada), on instilling an entrepreneurship culture amongst Omanis, key areas for development, and doing more with less.

Holding companies have to focus on expanding into different sectors to minimize exposure in tough times.

Weakening economic conditions have led to liquidity crunches and rising rates of non-performing loans, but strong regulation has ensured that the foundation of the financial industry has remained strong.

Banks continue to focus on customer satisfaction and staff development in addition to their efforts on high growth areas such as Islamic banking.

As Oman and the rest of the GCC roll out VAT implementation, the costs are best minimized and benefits maximized by diligent preparation.

TBY talks to Dr. Ashraf bin Nabhan Al Nabhani, Chairman of Muscat Securities Market (MSM), on the evolution and maturity of the stock market, increased privatization initiatives, and plans to demutualize.

Several sectors of the Omani economy are ripe for investment, including healthcare, real estate, and aviation.

TBY talks to A. R. Srinivasan, CEO of Arabia Falcon Insurance Company, on moving up a tier, market penetration, and the importance of consolidation.

Despite a squeeze in overall capitalization rates, Omani insurance firms continue to be one of the private sector's most resilient engines.

TBY talks to Ahmed Saleh Al-Jahdhami CEO, Oman Oil Refineries and Petroleum Industries Company (Orpic), on the sector.

Though finally rebounding, price cuts have forced drillers to become leaner than ever, extracting value from their supply chain as assiduously as oil from the ground.

TBY talks to Hamza Qarooni, Vice President of Oman, Gulf Energy, on streamlining the administrative process, achieving the rare rank of green, and providing as wide a range of services as possible.

TBY talks to Stephen R. Thomas, CEO of Renaissance Services SAOG, on making Oman a global transport hub, getting the fundamentals right, and boosting export-oriented sectors.

TBY talks to Murtaza Jariwala, Executive Director of Vanguard Engineering & Oilfield Services, on manufacturing and value addition, successful long-term partnerships, and how to best thrive as a truly local company.

TBY talks to Ali Suleym Al Junaibi, Chairman & CEO of Al-Ghalbi International, on how to best implement Omanization, expanding abroad, and shifting one's mentality.

Amidst growing concerns about water security, the Barka desalination plant, due for completion in 2018, will play a pivotal role in quenching the thirst of the nation.

Omani manufacturing firms have been forced to consolidate, become more flexible, and seek out leaner ventures to stay ahead of the regional curve.

TBY talks to Youssef Ezzikhe, CEO of Oman Refreshment Company (Pepsi), on demand for products, the manufacturing sector, and R&D.

TBY talks to Ali Shah, Chairman of Oman Wanfang, on strengthening China-Oman commercial ties, attracting more investment to Duqm, and building a harbor to serve the entire region's needs.

Omani firms are taking advantage of the FTA with the US to boost exports whilst streamlining their production lines for higher efficiency at home.

TBY talks to Hilal Mohammed Hamoud Al Busaidi, CEO of the Public Authority for Mining (PAM), on increasing metal exploration, sharing the risk with investors, and banking on the rare commodity of quality.

While huge opportunities abound for developing mining in the coming years, much will depend on the sector's ability to work with the government to improve transportation networks.

As part of its hugely ambitious economic diversification and reform package known as Tanfeedh, the Omani government is deftly overhauling its legal structure to widen its local tax base and entice more foreign investment.

TBY talks to Mohamed A. Al Yahyaei, Senior Partner of Al Yahyaei and Salt, on considerations for foreign companies and investors as well as government incentives.