Ad Dakhiliyah Governorate — Oman Vision 2040
The historical heartland of Oman — Nizwa (ancient capital), Jebel Akhdar (Green Mountain), Jebel Shams (Oman's highest peak), and rich Ibadhi heritage.
Aflaj (Ancient Irrigation System)
Oman's aflaj (UNESCO World Heritage 2006) are ancient gravity-fed water channels that have sustained oasis agriculture for 3,000+ years — a sophisticated communal water management system still functioning today.
Al Batinah North Governorate — Oman Vision 2040
The most densely populated governorate after Muscat — home to Sohar, the Sohar Industrial Port Complex, and Oman's most developed manufacturing cluster.
Al Batinah South Governorate — Oman Vision 2040
Agricultural heartland along the Al Batinah coast — dates, fisheries, and traditional Omani settlements with Rustaq fort heritage.
Al Buraimi Governorate — Oman Vision 2040
The smallest governorate — a border region with the UAE, historically significant as a gateway between the two countries.
Al Dhahirah Governorate — Oman Vision 2040
Northwest Oman — Ibri, Buraimi (GCC border town), and the route between Muscat and Abu Dhabi.
Al Wusta Governorate — Oman Vision 2040
Oman's largest governorate by area — home to Duqm SEZ, the new industrial city, and Oman's most ambitious economic development project.
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.
Banking Regulation — Oman
Oman's banking sector is regulated by the Central Bank of Oman (CBO) under the Banking Law (Royal Decree 114/2000). The CBO supervises capital adequacy (Basel III), liquidity, Islamic banking, and fintech — maintaining a stable, well-capitalised banking system.
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.
China-Oman Economic Relations
China is Oman's largest trading partner and a major investor in infrastructure. The relationship spans energy (crude imports), infrastructure (BRI investments), and industrial development — creating both opportunity and dependency questions.
Company Formation — Oman
Setting up a company in Oman: LLCs, joint stock companies, branches, and free zone entities. The process has been streamlined through digital government and the OPAZ one-stop-shop — typically 1-3 weeks for standard companies.
Corruption Perceptions Index Tracker
Live tracker for Corruption Perceptions Index — Vision 2040 KPI progress, gap analysis, and forward trajectory assessment.
CPI Improvement 2024 — Oman's Anti-Corruption Progress
Oman improved its Corruption Perceptions Index ranking by 20 places in 2024 — from approximately rank 70 to rank 50 — the most significant single-year improvement among GCC states. A major signal to international investors.
Dhofar Governorate — Oman Vision 2040
Oman's second-largest governorate — home to Salalah (second city), the Khareef monsoon season, UNESCO frankincense sites, and the Port of Salalah.
Digital Government Procedures Tracker
Live tracker for Digital Government Procedures — Vision 2040 KPI progress, measuring the digitalisation of government services across the Sultanate.
Duqm Special Economic Zone
Duqm SEZ is Oman's most ambitious industrial development — a 2,000km² greenfield zone with deep-water port, 230,000 bpd refinery, drydock, and planned green hydrogen cluster, managed by SEZAD under OPAZ.
Ease of Doing Business Tracker
Live tracker for Ease of Doing Business — Vision 2040 KPI progress, gap analysis, and forward trajectory assessment.
Economic Complexity Index (ECI)
The Economic Complexity Index measures the diversity and sophistication of a country's export basket — the most demanding diversification metric in Vision 2040, targeting Oman in the global top 10 by 2040.
Economic Complexity Index Tracker
Live tracker for Economic Complexity Index — Vision 2040 KPI progress, gap analysis, and forward trajectory assessment.
Economy and Development Pillar — Oman Vision 2040
The Economy and Development pillar of Oman Vision 2040 covers five priorities targeting diversification, fiscal sustainability, labour market reform, private sector growth, and balanced regional development.
Energy Transition Investment
Investing in Oman's energy transition — from conventional oil and gas to renewables, green hydrogen, and LNG optimisation. A $30bn+ pipeline opportunity with significant commercial uncertainties.
Environmental Law and Regulation — Oman
Oman's environmental framework covers protected areas, EIA requirements, marine conservation, carbon emissions, and the net-zero 2050 commitment. The Ministry of Energy and Minerals and MECA jointly administer environmental regulation.
FDI Net Inflow (% GDP) Tracker
Live tracker for FDI Net Inflow (% GDP) — Vision 2040 KPI progress, gap analysis, and forward trajectory assessment.
Financial Services Investment
Investing in Oman's developing financial sector — Bank Muscat equity, capital market deepening (OQEP follow-on, REIT development), Islamic finance growth, and fintech.
Fiscal Balance (% GDP) Tracker
Live tracker for Fiscal Balance (% GDP) — Vision 2040 KPI progress, gap analysis, and forward trajectory assessment.
Foreign Investment Law — Oman
Oman's Foreign Capital Investment Law (Royal Decree 50/2019) and its amendments allow 100% foreign ownership in most sectors, with exceptions for strategic industries. OPAZ one-stop-shop and the Investment and Commercial Court (2025) improve the investment environment.
Free Zone and SEZ Regulations — Oman
Oman's OPAZ-regulated economic zones (Duqm SEZ, Salalah Free Zone, Sohar Free Zone, Al Mazunah) offer 100% foreign ownership, 25-30 year tax holidays, duty-free imports, and simplified licensing — the primary vehicles for industrial FDI attraction.
GCC Scorecard: Business Environment Rankings
Comparing GCC business environment rankings — Oman's position vs UAE (rank 16), Bahrain, Saudi Arabia, Qatar, and Kuwait.
GCC Scorecard: CPI Rankings 2024
Comparing Oman's 2024 CPI rank of 50 against all GCC states — contextualising Oman's 20-place improvement in the regional landscape.
GCC Scorecard: Economic Diversification Progress
Non-oil GDP share comparison across GCC — contextualising Oman's ~70.5% against Bahrain (~85%), UAE (~75%), Saudi Arabia (~68%), Kuwait (~60%), Qatar (~55%).
GCC Scorecard: GCC Fiscal Positions
Comparative GCC fiscal positions — Oman's fiscal turnaround in context of Qatar surplus, Saudi Arabia near-balance, Bahrain deficit, Kuwait surplus, UAE surplus.
GCC Scorecard: Human Development Index
GCC Human Development Index comparison (UNDP 2022) — contextualising Oman's 0.847 against UAE (0.937), Saudi Arabia (0.875), Qatar (0.855), Kuwait (0.847), and Bahrain (0.875).
Gini Coefficient
The Gini coefficient measures income inequality — Oman's coefficient of 0.31 (2010 baseline) is relatively contained by regional standards, with a Vision 2040 target of 0.28.
Global Innovation Index Tracker
Live tracker for Global Innovation Index — Vision 2040 KPI progress, gap analysis, and forward trajectory assessment.
Governance and Institutional Performance Pillar — Oman Vision 2040
The Governance pillar of Oman Vision 2040 covers legislative reform, judicial efficiency, anti-corruption, and digital government transformation — the institutional infrastructure enabling all other Vision priorities.
Green Hydrogen
Green hydrogen is produced by electrolysing water using renewable electricity — producing zero-carbon hydrogen that can replace fossil fuels in industry, transportation, and energy storage. Oman targets a $30bn+ export pipeline by 2040.
Green Hydrogen Investment
The $30bn+ green hydrogen pipeline — investment opportunities, risk framework, and commercial viability assessment for Oman's most ambitious new industry.
Healthy Life Expectancy Tracker
Live tracker for Healthy Life Expectancy — Vision 2040 KPI progress, gap analysis, and forward trajectory assessment.
Human Development Index (HDI)
The Human Development Index combines life expectancy, education, and income into a composite measure. Oman's HDI of 0.847 (2022) places it in the Very High Human Development category.
Human Development Index Tracker
Live tracker for Human Development Index — Vision 2040 KPI progress, gap analysis, and forward trajectory assessment.
In-Country Value (ICV) Programme
Oman's In-Country Value programme mandates that major government and energy sector contracts maximise local economic content — targeting Omani workforce, locally sourced goods, and domestic services to drive private sector and SME development.
India-Middle East-Europe Corridor (IMEC)
IMEC is a proposed multi-modal trade corridor connecting India to Europe via the Gulf — announced at the G20 in 2023. Oman's ports (Sohar, Duqm) are positioned as potential key nodes if the corridor is realised.
Inflation Rate (CPI) Tracker
Live tracker for Inflation Rate (CPI) — Vision 2040 KPI progress, gap analysis, and forward trajectory assessment.
Khareef (Salalah Monsoon Season)
The Khareef (June-September) is Oman's monsoon season that transforms Dhofar into a green, mist-covered landscape unique in the Arab world — creating both a distinctive tourism product and a marine upwelling that makes the Arabian Sea among the world's most productive fisheries.
Labour Law and Omanisation — Oman
Oman's Labour Law (Royal Decree 35/2003 and amendments) governs employment contracts, working conditions, and termination. Omanisation quotas require private sector employers to maintain minimum percentages of Omani national employees by sector.
Land Ownership and Real Estate Regulation — Oman
Oman restricts land and real estate ownership for non-Omanis, with the primary exception being Integrated Tourism Complexes (ITCs) where foreigners may purchase freehold residential property. Industrial land in free zones is available on long-term leasehold.
Logistics and Infrastructure Investment
Investing in Oman's logistics ambitions — ports (ASYAD), free zone infrastructure, IMEC positioning, and the Duqm-Muscat railway corridor.
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.
Musandam Governorate — Oman Vision 2040
Oman's geographic exclave — separated from mainland Oman by UAE territory. Known for dramatic fjord coastline (khors), traditional fishing communities, and excellent marine tourism.
Muscat Governorate — Oman Vision 2040
The capital region — home to 1.4mn people, most government ministries, international airports, Muscat International Airport, and the majority of Oman's commercial activity.
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.
Networked Readiness Index Tracker
Live tracker for Networked Readiness Index — Vision 2040 KPI progress, gap analysis, and forward trajectory assessment.
Non-Oil GDP Share
Non-oil GDP share measures the proportion of Oman's total economic output generated outside the hydrocarbons sector — Vision 2040's flagship diversification metric.
Non-Oil GDP Share Tracker
Live tracker for Non-Oil GDP Share — Vision 2040 KPI progress, gap analysis, and forward trajectory assessment.
North Al Sharqiyah Governorate — Oman Vision 2040
Agricultural and heritage region — date palms, aflaj irrigation, Ibri fort, and the route between Muscat and the interior.
Oman Fast Facts — Key Statistics and Data
Essential data on Oman: geography, population, economy, governance, and Vision 2040 KPI snapshot. A quick-reference statistical profile of the Sultanate of Oman.
Oman Fiscal Surplus (2022-2024)
Oman achieved fiscal surpluses in 2022, 2023, and 2024 — a dramatic reversal from the -11.7% GDP deficit of 2017. The turnaround reflects higher oil prices, VAT revenue, expenditure discipline, and improved fiscal management under Vision 2040.
Oman Future Fund
The Oman Future Fund, launched in 2024 with OMR 2 billion initial capitalisation, invests in Vision 2040 priority sectors — a development finance vehicle separate from OIA's wealth preservation mandate.
Oman Green Hydrogen Programme
Oman's green hydrogen programme targets export of green hydrogen and green ammonia to European and Asian markets — with a $30bn+ project pipeline at Duqm and elsewhere, positioning Oman as a post-oil energy exporter.
Oman Green Hydrogen Strategy
Comprehensive analysis of Oman's national green hydrogen strategy — production targets, investment pipeline, and positioning within the global energy transition.
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.
Oman National Energy Strategy 2040
Oman's National Energy Strategy 2040 targets 30% renewable electricity by 2030, gas optimisation for export, and green hydrogen development — managing the transition from hydrocarbon dependency while maintaining fiscal revenues.
Oman Sovereign Debt — The Fixed Income Opportunity
Oman's improved sovereign credit rating trajectory, fiscal surplus position, and declining debt/GDP create a compelling sovereign bond investment thesis for emerging market fixed income investors.
Oman Tourism Strategy 2040
Oman's tourism strategy targets OMR 12 billion in annual revenues by 2040 — up from OMR 3.2 billion (2023) — through authentic nature and culture positioning, OMRAN-led infrastructure, and aviation connectivity expansion.
Oman Vision 2040: Key Timeline and Milestones
A chronological timeline of Oman's economic and political development — from the Renaissance Day (1970) through Vision 2020, the launch of Vision 2040 (2021), and major milestones through 2025.
Oman Vision 2040: The Complete Guide
The definitive reference guide to Oman Vision 2040 — its four pillars, twelve priorities, KPI framework, and implementation architecture for 2021-2040.
Oman vs Bahrain — GCC Scorecard
Side-by-side comparison of Oman and Bahrain on Vision 2040 KPIs, economic indicators, business environment, and institutional quality.
Oman vs GCC Peers — Key Comparisons
How Oman compares with GCC peers (Saudi Arabia, UAE, Qatar, Kuwait, Bahrain) on economic size, diversification progress, institutional quality, and Vision 2040 indicators.
Oman vs Kuwait — GCC Scorecard
Side-by-side comparison of Oman and Kuwait on Vision 2040 KPIs, economic indicators, business environment, and institutional quality.
Oman vs Qatar — GCC Scorecard
Side-by-side comparison of Oman and Qatar on Vision 2040 KPIs, economic indicators, business environment, and institutional quality.
Oman vs Saudi Arabia — GCC Scorecard
Side-by-side comparison of Oman and Saudi Arabia on Vision 2040 KPIs, economic indicators, business environment, and institutional quality.
Oman vs United Arab Emirates — GCC Scorecard
Side-by-side comparison of Oman and United Arab Emirates on Vision 2040 KPIs, economic indicators, business environment, and institutional quality.
Oman's Carbon Neutrality Target: The 2050 Net-Zero Commitment
Oman has committed to net-zero greenhouse gas emissions by 2050 — a significant policy signal from a major oil producer. The target requires renewable energy at 30% by 2030, green hydrogen development, and industrial decarbonisation.
Oman's Digital Transformation Programme
Oman's national digital transformation programme targets e-government, digital economy development, and Fourth Industrial Revolution readiness — with 2,680 of 2,869 government procedures digitised as of 2024/2025.
Oman's Neutral Foreign Policy — Economic Asset
Oman's distinctive policy of maintaining diplomatic relations with all parties — Iran, Israel, the US, Russia, China, and GCC simultaneously — is not just political philosophy but a concrete economic asset.
Omanis in Private Sector Jobs Tracker
Live tracker for Omanis in Private Sector Jobs — Vision 2040 KPI progress, gap analysis, and forward trajectory assessment.
Omanisation
Omanisation is the policy of increasing Omani national employees' share of the private sector workforce — Vision 2040's most politically sensitive target (11.6% to 40% by 2040), currently running at approximately 18.5%.
Omanisation: Why It Has Always Fallen Short
A structural analysis of why Oman's private sector Omanisation targets have consistently been missed since the 1990s — and what would need to change for Vision 2040's 40% target to be achieved.
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.
OQEP IPO (2024)
The OQ Exploration and Production (OQEP) IPO in 2024 was Oman's largest-ever equity listing — raising OMR 975 million (~$2.5bn) and transforming Muscat Stock Exchange's market capitalisation.
People and Society Pillar — Oman Vision 2040
The People and Society pillar of Oman Vision 2040 encompasses four priorities: Education, Health, Citizenship, and Well-being. A deep-dive into targets, progress, and challenges.
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.
Port of Salalah
Port of Salalah is Oman's largest container port and a major global transhipment hub, located on the main Asia-Europe shipping lane adjacent to the Gulf of Aden. Capacity exceeds 5 million TEU annually.
PPP and Privatisation Framework — Oman
Oman's Public-Private Partnership law and privatisation programme are central to Vision 2040's private sector development — enabling private investment in infrastructure, utilities, and government services while unlocking state asset value through partial IPOs.
Priority Scorecard: Economic Diversification and Fiscal Sustainability
Priority scorecard for Vision 2040s Economic Diversification and Fiscal Sustainability priority — KPI performance, progress assessment, and gap analysis.
Priority Scorecard: Economic Leadership and Management
Priority scorecard for Vision 2040s Economic Leadership and Management priority — KPI performance, progress assessment, and gap analysis.
Priority Scorecard: Education and Scientific Research
Priority scorecard for Vision 2040s Education and Scientific Research priority — KPI performance, progress assessment, and gap analysis.
Priority Scorecard: Environment and Natural Resources
Priority scorecard for Vision 2040s Environment and Natural Resources priority — KPI performance, progress assessment, and gap analysis.
Priority Scorecard: Governance and Administrative Performance
Priority scorecard for Vision 2040s Governance and Administrative Performance priority — KPI performance, progress assessment, and gap analysis.
Priority Scorecard: Governance and Institutional Development
Priority scorecard for Vision 2040's Governance and Institutional Development priority — KPI performance, progress assessment, and gap analysis.
Priority Scorecard: Health and Sustainable Healthcare
Priority scorecard for Vision 2040s Health and Sustainable Healthcare priority — KPI performance, progress assessment, and gap analysis.
Priority Scorecard: Housing, Urban Planning and Regional Balance
Priority scorecard for Vision 2040s Housing, Urban Planning and Regional Balance priority — KPI performance, progress assessment, and gap analysis.
Priority Scorecard: Labour Market and Employment
Priority scorecard for Vision 2040s Labour Market and Employment priority — KPI performance, progress assessment, and gap analysis.
Priority Scorecard: Legislative and Legal Environment
Priority scorecard for Vision 2040s Legislative and Legal Environment priority — KPI performance, progress assessment, and gap analysis.
Priority Scorecard: Social Identity, Culture and Media
Priority scorecard for Vision 2040s Social Identity, Culture and Media priority — KPI performance, progress assessment, and gap analysis.
Priority Scorecard: The Private Sector, Investment and International Cooperation
Priority scorecard for Vision 2040s The Private Sector, Investment and International Cooperation priority — KPI performance, progress assessment, and gap analysis.
Priority Scorecard: Well-being and Social Protection
Priority scorecard for Vision 2040s Well-being and Social Protection priority — KPI performance, progress assessment, and gap analysis.
Priority: Citizenship, Identity and National Heritage and Culture
Oman Vision 2040's citizenship priority builds a society proud of its identity and committed to citizenship — preserving cultural heritage while embracing the knowledge economy.
Priority: Development of Governorates and Sustainable Cities
Oman Vision 2040's governorates priority targets balanced regional development — decentralising economic activity beyond Muscat through infrastructure, economic zones, and integrated urban communities.
Priority: Economic Diversification and Fiscal Sustainability
Oman Vision 2040's flagship priority: transforming non-oil GDP from 61% to 91.6% by 2040 through technology, knowledge, innovation, green hydrogen, tourism, and logistics development.
Priority: Economic Leadership and Management
Oman Vision 2040's economic leadership priority builds a dynamic institutional framework for macroeconomic management — fiscal discipline, monetary stability, and policy coordination.
Priority: Education, Learning, Scientific Research and National Capabilities
Oman Vision 2040's education priority targets a knowledge-based society through world-class universities, scientific research, and nationally competitive talent development.
Priority: Environment and Natural Resources
Oman Vision 2040's environment priority targets carbon neutrality by 2050, renewable energy leadership, green hydrogen exports, and preservation of Oman's unique natural ecosystems.
Priority: Governance of State's Administrative Bodies, Resources and Projects
Oman Vision 2040's administrative governance priority drives digital transformation of government services — targeting 2,869 simplified procedures, transparent resource management, and performance accountability.
Priority: Health
Oman Vision 2040 targets a leading healthcare system with international standards — universal coverage, technology integration, and world-class clinical outcomes by 2040.
Priority: Labour Market and Employment
Oman Vision 2040's labour market priority targets a dynamic workforce — increasing Omani private sector employment from 11.6% to 40% by 2040 through skills development and market reforms.
Priority: Legislative, Judicial and Oversight System
Oman Vision 2040's legislative priority builds a leading judicial system and anti-corruption framework — targeting top-30 CPI ranking and world-class regulatory quality by 2040.
Priority: The Private Sector, Investment and International Cooperation
Oman Vision 2040 positions the private sector as the primary engine of growth — targeting FDI to 10% of GDP, improved business environment rankings, and deep international economic integration.
Priority: Well-being and Social Protection
Oman Vision 2040's well-being priority targets a decent and sustainable life for all — through social safety nets, women's empowerment, youth development, and sports infrastructure.
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.
Social Progress Index (SPI)
The Social Progress Index measures societal wellbeing beyond GDP — covering basic human needs, wellbeing foundations, and opportunity. Oman's baseline was 68.2 (rank 66, 2018), targeting rank 20 by 2040.
South Al Sharqiyah Governorate — Oman Vision 2040
Home to Sur (dhow-building heritage), Ras al Jinz turtle reserve, Wahiba Sands, and Oman LNG at Qalhat.
Strait of Hormuz: Oman's Unavoidable Geopolitical Risk
The Strait of Hormuz — through which approximately 20% of global oil trade passes — defines Oman's unavoidable geopolitical vulnerability. Understanding the risk, mitigation measures, and investment implications.
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.
Sustainable Environment Pillar — Oman Vision 2040
The Sustainable Environment pillar of Oman Vision 2040 targets carbon neutrality by 2050, renewable energy expansion, green hydrogen leadership, and preservation of Oman's unique natural environment.
Tanfeedh: The National Programme for Enhancing Economic Diversification
Oman's flagship economic diversification programme — Tanfeedh used a structured lab-based methodology to identify and fast-track priority projects across logistics, manufacturing, tourism, and fisheries.
Tashgheel: The National Employment Programme
Tashgheel is Oman's national employment programme targeting Omani private sector job creation — addressing the critical gap between Omani graduates and private sector employer needs through training, matching, and incentive reforms.
Tawteen Platform
Tawteen is Oman's national digital job matching platform, launched in 2024, directly connecting Omani job seekers with private sector vacancies — a digital infrastructure response to the Omanisation gap.
Taxation Framework — Oman
Oman's tax framework includes corporate income tax (15%), VAT (5% since 2021), excise taxes, and customs duties. There is no personal income tax for individuals. Free zone investors benefit from extended tax holidays.
The Sultan Haitham Era: Vision 2040 and Economic Reform
Since Sultan Haitham's accession in January 2020, Oman has achieved a remarkable fiscal turnaround, launched Vision 2040, implemented VAT, delivered the OQEP IPO, and improved its Corruption Perceptions Index ranking by 20 places.
Tourism and Hospitality Investment
Investing in Oman's OMR 12bn tourism target — hotel development, resort real estate, aviation connectivity, and experience economy infrastructure.
Vision 2040 Entry Points — Where to Invest Now
Mapping the 2025-2030 investment entry points created by Vision 2040's reform agenda — from MSX equity to green hydrogen project equity to free zone industrial development.
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.
Vision 2040 Overall Scorecard
Aggregate scorecard for all 12 Vision 2040 priorities — overall progress assessment, cross-priority analysis, and composite performance index.
Vision 2040 Timeline
Chronological timeline of Oman Vision 2040 — key milestones, policy announcements, institutional reforms, and implementation markers from 2020 to present.
Vision 2040: An Honest Assessment
A rigorous analysis of Vision 2040's strengths, weaknesses, and realistic prospects — separating genuine achievements from aspirational targets.
Vision 2040: Four Pillars
Vision 2040 organises Oman's national strategy around four pillars: People and Society, Economy and Development, Sustainable Environment, and Governance. These pillars contain 12 priorities and 70+ KPIs.
What is Healthy Life Expectancy? Definition and Oman Data
Healthy Life Expectancy (HALE) measures the expected years of life in full health — adjusted for years lived with disability or disease. It is a more informative health measure than simple life expectancy.
What is Non-Oil GDP? Definition and Oman Context
Non-oil GDP is the portion of a country's Gross Domestic Product generated outside the oil and gas extraction sector. In Oman, it is the primary measure of economic diversification progress.
What is Omanisation? Definition, History, and Vision 2040 Target
Omanisation is the policy of increasing Omani nationals' share of the private sector workforce — a labour market nationalisation policy targeting 40% private sector Omani employment by 2040.
What is Tanfeedh? Oman's Economic Diversification Programme
Tanfeedh (Arabic: تنفيذ — execution) was Oman's 2016-2020 national programme for accelerating economic diversification through a structured lab methodology — identifying specific projects in logistics, manufacturing, tourism, fisheries, and mining.
What is the Economic Complexity Index? Definition and Oman Ranking
The Economic Complexity Index (ECI) measures the diversity and sophistication of a country's export basket — the amount of productive knowledge embedded in the economy's exports.
What is the Gini Coefficient? Definition and Oman Data
The Gini coefficient measures income inequality within a population, ranging from 0 (perfect equality) to 1 (perfect inequality). Oman's Gini of approximately 0.29 is moderate — Vision 2040 targets 0.28 by 2040.
What is the Networked Readiness Index? Definition and Oman Ranking
The Networked Readiness Index (NRI) measures countries' digital readiness across Technology, People, Governance, and Impact pillars. It is published by Portulans Institute and is Oman's primary digital economy tracking indicator.
What is the Social Progress Index? Definition and Oman Score
The Social Progress Index (SPI) measures societal wellbeing beyond GDP — covering basic human needs, wellbeing foundations, and opportunity. It explicitly excludes GDP to measure social outcomes independently of economic inputs.