Oman 2020

When the experienced TBY team landed in Muscat in September 2019 to start its seventh annual research on the Sultanate's economy, it could have never imagined the uniqueness of the times ahead. Early 2020 saw the passing away of the Father of the Nation, His Majesty Late Sultan Qaboos bin Said, and the appointment of the new leader, His Majesty Sultan Haitham bin Tariq. This was thought to be Oman's defining event in 2020, but shortly after, the COVID-19 outbreak touched every corner of the world, and oil prices continuously sunk to record lows. No doubt it is a trying time, but we see this 2020 edition of The Business Year: Oman as ushering a new era for the Sultanate.

With a refreshed, forward-looking perspective, this 260-page publication analyzes how the business community is embracing innovation and technology to create a competitive, diversified economy.

This publication covers finance, oil and gas, industry, mining, transport and aviation, power, water, agriculture, IT and telecoms, education, healthcare, construction, real estate, tourism, and retail. It also features dozens of interviews, including:

  • Al Sayyid Adham Al Said, Chairman, Competition Protection and Monopoly Prevention Centre (CMC)
  • Tahir Bin Salim Bin Abdullah Al Amri, Executive President, Central Bank of Oman (CBO)
  • Walter Simpson, Managing Director, CC Energy Development (CCED)
  • Hilal Al Hasani, CEO, Madayn
  • Hilal Al Busaidi, CEO, Public Authority for Mining
  • Mark Geilenkirchen, CEO, SOHAR Port & Omar Al Mahrizi, CEO, SOHAR Freezone
  • Ismail bin Ahmed Al Balushi, CEO, Special Economic Zone Authority at Duqm (SEZAD)
  • Mohammed bin Salim bin Said al Toobi, Minister of Environment and Climate Affairs
  • Saleh Al Shanfari, CEO, Oman Food Investment Holding Company (OFIC)
  • Omar Al Ismaili, Director General, E-Census 2020
  • Rawiya Saud Al Busaidi, Minister of Higher Education
  • Simon Karam, CEO, Sarooj Construction Company
  • Nasser Al Shibli, General Manager, ORIS
  • Peter Walichnowski, CEO, OMRAN

The publication also features a range of articles and analysis, including:

  • Foreign policy
  • Oil sector automation
  • Fourth Industrial Revolution
  • Port 4.0
  • Hydrogen potential
  • Mazoon Dairy Company
  • ICT services
  • R&D
  • Tertiary care
  • Smart technologies in real estate
  • Business tourism