OPAZ releases 40th Edition of Duqm Economic Magazine
This milestone edition features in-depth content, including exclusive interviews, analytical economic reports, and specialised coverage of key agreements, projects, and initiatives that signal the zones' accelerating momentum toward sustainable development and high-value investments.
The magazine opens with full coverage of the landmark agreement to develop and operate the first phase of the Al-Rawda Special Economic Zone, an accord signed between the Sultanate of Oman and the United Arab Emirates, attended by H H Sayyid Theyazin bin Haitham al Said and H H Sheikh Hamdan bin Mohammed al Maktoum.
The editorial – titled An Ambitious Vision for Sustainable Development and Promising Investment – outlines the authority's strategic trajectory in positioning itself as a catalyst for economic transformation, aiming to cultivate globally competitive, investor-friendly economic and free zones and industrial cities in the Sultanate of Oman.
The magazine also highlights the recent decision by Sheikh Dr Ali bin Masoud al Sunaidi, Chairman of the authority, to amend the regulations governing urban planning and building permits in the Duqm Special Economic Zone – an initiative set to strengthen governance and streamline procedures.
This edition features an exclusive interview with H E Dr Hilal bin Ali al Sabti, Minister of Health, who revealed that eight pharmaceutical factories are currently operating within Oman's free zones and industrial cities. He emphasised the ministry's direction in bolstering local pharmaceutical production and reducing reliance on imports.
The publication also offers a detailed review of 2024's key performance indicators across economic and free zones, and presents the findings of a comprehensive study on the governing law of special economic and free zones, highlighting government efforts to unify incentives, integrate legislation, and foster an enhanced investment climate.
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