ASYAD Group
ASYAD is Oman's national logistics group — consolidating the Port of Salalah, Port of Sohar, Port of Duqm, Oman Drydock, and related logistics entities under a single SOE. ASYAD is the institutional vehicle for Vision 2040's logistics hub ambitions.
Bank Muscat
Bank Muscat is Oman's largest bank by assets, market capitalisation, and branch network — the flagship financial institution of the Omani economy, with strong government shareholding (OIA/SGRF) and a leading role in Vision 2040 infrastructure and project finance.
Capital Market Authority (CMA)
Oman's Capital Market Authority regulates the securities market, insurance sector, and mortgage finance — overseeing the Muscat Stock Exchange and implementing capital market development reforms aligned with Vision 2040's financial deepening goals.
Central Bank of Oman (CBO)
The Central Bank of Oman maintains the OMR-USD peg at 0.3845, manages monetary policy, supervises the banking sector, and implements financial sector reforms aligned with Vision 2040's financial deepening objectives.
Ministry of Economy
The Ministry of Economy is responsible for Oman's macroeconomic planning, five-year development plans, Vision 2040 policy coordination, and economic statistics interpretation. It chairs the Supreme Council for Planning secretariat.
Ministry of Energy and Minerals
The Ministry of Energy and Minerals oversees Oman's oil, gas, mining, and renewable energy sectors — the regulatory counterpart to PDO, OQ, and the renewable energy developers. Central to Vision 2040's energy transition and diversification agenda.
Ministry of Finance
Oman's Ministry of Finance manages the state budget, public debt, fiscal policy coordination, and government financial reporting. The dramatic fiscal turnaround from -11.7% GDP deficit (2017) to surplus (2022-2024) reflects its central role in Vision 2040's macroeconomic stability priority.
Ministry of Labour
Oman's Ministry of Labour administers labour regulations, Omanisation quotas, work permit approvals, and the Tashgheel employment programme. It is the primary institutional vehicle for Vision 2040's labour market priority.
Muscat Stock Exchange (MSX)
The Muscat Stock Exchange is Oman's primary securities exchange — listing approximately 110-120 equities, government sukuk, and corporate bonds. The 2024 OQEP IPO was transformative, making MSX a more significant regional exchange.
National Centre for Statistics and Information (NCSI)
NCSI is Oman's official statistics bureau — producing GDP accounts, population census, labour force surveys, trade statistics, and the indicator data that underpins Vision 2040 progress measurement.
Oman Investment Authority (OIA)
OIA is Oman's sovereign wealth fund — managing the state's investment portfolio across domestic equities, international assets, and strategic holdings. Capitalised at approximately $42bn, OIA is a central vehicle for Vision 2040's long-term wealth accumulation.
Omantel
Omantel is Oman's national telecommunications company — the dominant fixed-line and leading mobile operator, with significant international wholesale connectivity through its FLAG submarine cable system. OIA holds approximately 51% government ownership.
OMRAN Group
OMRAN is Oman's Tourism Development Company — the state vehicle for developing Oman's tourism infrastructure including landmark hotels, destination masterplans, and PPP structures. OMRAN manages properties including Alila Jabal Akhdar and the Oman Convention Centre.
OPAZ — Public Authority for Special Economic Zones and Free Zones
OPAZ oversees Oman's Special Economic Zones and Free Zones — including Duqm SEZ, Salalah Free Zone, Sohar Free Zone, and Al Mazunah Free Zone — as the primary investment promotion authority for industrial and trade facilitation.
OQ Group
OQ Group (formerly Oman Oil Company + Orpic) is Oman's fully state-owned integrated energy company — spanning upstream oil and gas, refining, petrochemicals, marketing, and renewables. The 2024 OQEP IPO was Oman's largest-ever equity listing.
Petroleum Development Oman (PDO)
PDO is Oman's largest oil producer, operating under a JV between the Omani government (60%), Shell (34%), Total (4%), and Partex (2%). PDO's Block 6 concession produces approximately 70% of Oman's crude oil through sophisticated Enhanced Oil Recovery techniques.
SEZAD — Special Economic Zone Authority at Duqm
SEZAD manages the operational development of Duqm SEZ — Oman's most ambitious greenfield industrial development, covering 2,000km² with deep-water port, refinery, drydock, and planned green hydrogen cluster at Duqm.
Sultan Qaboos University (SQU)
SQU is Oman's flagship public university — ranked 334th globally in QS World Rankings 2026, its best-ever ranking. SQU is central to Vision 2040's human capital development and research ecosystem ambitions.
Vision 2040 Implementation Follow-Up Unit (IFU)
The IFU is the dedicated institutional coordination body for Oman Vision 2040 — tracking KPI progress, producing the annual Progress Report, coordinating between ministries, and maintaining the National Programme for economic transformation.
Oman Banking Institutions Guide
Guide to Oman banking institutions covering commercial banks Islamic banks and development finance
Oman Government Ministries Guide
Guide to Oman government ministries covering roles responsibilities and organisational structure
Oman Industrial Authorities Guide
Guide to Oman industrial development authorities covering Madayn PAEW and industrial policy bodies
Oman Regulatory Bodies Guide
Guide to Oman regulatory authorities covering financial telecommunications energy and market oversight
Oman Research Institutions Guide
Guide to Oman research institutions covering universities research centres and innovation ecosystem
Oman Sovereign Funds Guide
Guide to Oman sovereign wealth funds covering OIA reserves investment strategy and fiscal management
Oman State-Owned Enterprises Guide
Guide to Oman state-owned enterprises covering OIA portfolio major companies and privatisation plans
Oman Tourism Bodies Guide
Guide to Oman tourism organisations covering ministry Omran Group and tourism development entities