Latest news with #YitiSustainableCity
Zawya
12-03-2025
- Business
- Zawya
Oxford Business Group releases report to drive green growth in Oman
MUSCAT: Oxford Business Group has released a new report titled 'Strategic Investment: Driving Green Energy, Digital Innovation and Sustainable Growth in Oman.' The report highlights Oman's commitment to innovation and sustainability as it pursues economic transformation under Oman Vision 2040. Oman is positioning itself as a global hub for green hydrogen, renewable energy and digital transformation while leveraging its strategic location as a logistics centre. Key sectors such as tourism, agriculture, manufacturing and mining are undergoing modernisation through advanced technologies and targeted investments, in line with the country's 2050 net-zero emissions target. The report underscores policy efforts to create a pro-business environment by streamlining regulations and fostering robust public-private partnerships to attract foreign direct investment. It also showcases major initiatives, including Yiti Sustainable City and Hydrom, which are unlocking high-growth opportunities and shaping a future-ready economy. Investment trends across key sectors — transport, agriculture, industry, tourism, energy and ICT — are explored in detail, offering insights into how Oman is driving economic diversification and sustainability while creating new opportunities for investors. 2022 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. (
Observer
11-03-2025
- Business
- Observer
Oxford Business Group releases report to drive green growth in Oman
MUSCAT: Oxford Business Group has released a new report titled 'Strategic Investment: Driving Green Energy, Digital Innovation and Sustainable Growth in Oman.' The report highlights Oman's commitment to innovation and sustainability as it pursues economic transformation under Oman Vision 2040. Oman is positioning itself as a global hub for green hydrogen, renewable energy and digital transformation while leveraging its strategic location as a logistics centre. Key sectors such as tourism, agriculture, manufacturing and mining are undergoing modernisation through advanced technologies and targeted investments, in line with the country's 2050 net-zero emissions target. The report underscores policy efforts to create a pro-business environment by streamlining regulations and fostering robust public-private partnerships to attract foreign direct investment. It also showcases major initiatives, including Yiti Sustainable City and Hydrom, which are unlocking high-growth opportunities and shaping a future-ready economy. Investment trends across key sectors — transport, agriculture, industry, tourism, energy and ICT — are explored in detail, offering insights into how Oman is driving economic diversification and sustainability while creating new opportunities for investors.
Zawya
11-03-2025
- Business
- Zawya
Logistics sector expected to contribute $36bln to Oman's GDP by 2040
Muscat: With Oman's strategic location at the crossroads of global trade routes, cutting-edge infrastructure projects, and advancements in air, sea and land connectivity, the sultanate's transport and logistics sector is poised to drive economic growth and diversification in the coming years. A new report from global research and advisory company Oxford Business Group, in partnership with Oman's Ministry of Commerce, Industry, and Investment Promotion, shows that Oman's transport and logistics sector is anticipated to contribute RO14bn to the national economy by 2040, positioning the sector as the second-highest economic contributor after hydrocarbons. As of 2023, the logistics sector contributed approximately 7% to Oman's GDP. It contributed RO1.7bn, or 6.1%, to the sultanate's GDP in the first nine months of 2024, as per the report. According to the report titled 'Investing in Oman's Future: High-Growth Opportunities in Key Sectors,' the Omani transport and logistics sector presents wide-ranging investment opportunities. The sector, which currently provides over 79,000 jobs, is seeking to create up to 300,000 new logistics jobs by 2040. The Oxford Business Group report covers various promising sectors and highlights the sultanate's ongoing efforts to attract investment and foster economic transformation through strategic initiatives aligned with Vision 2040. The report explores the sultanate's advancements and opportunities in transportation and logistics, agriculture and food production, manufacturing and mining, tourism and urban development, energy, and the digital economy. It offers an in-depth analysis of Oman's drive to position itself as a global leader in green hydrogen, renewable energy and digital innovation, while leveraging its strategic location as a logistics hub connecting Asia, Africa and Europe. The report also examines Oman's significant infrastructure projects, such as Khazaen Economic City and its advanced port systems, which aim to solidify the country's status as a vital trade and logistics centre. It outlines how initiatives like Yiti Sustainable City and Hydrom are aligning with global sustainability goals to attract environmentally conscious investments. The report features an exclusive interview with H E Qais al Yousef, Oman's Minister of Commerce, Industry and Investment Promotion, who underscores the importance of strategic investments in driving the nation's transformation. 'This report underlines Oman's potential as an attractive and globally competitive investment destination. Our priorities – diversification, infrastructure promotion, re-engineering Oman's business environment, human capital development, as well as employment generation, trade enhancement, creating in-country value and digital transformation – were established with Oman Vision 2040. They are now reinforced by our net-zero emissions target in 2050 and are being realised through progressive policies,' H E Yousef said. Jana Treeck, Oxford Business Group's Managing Director for the Middle East, said the report highlights Oman's progress in creating a pro-business environment that promotes both local value creation and foreign direct investment. 'Oman is making significant strides in economic diversification under Vision 2040, with its focus on sustainable growth and innovation providing a solid foundation for long-term success,' she said. 'This report underscores the sultanate's commitment to harnessing its competitive advantages and implementing forward-thinking strategies to unlock high-growth opportunities across key sectors.' © Apex Press and Publishing Provided by SyndiGate Media Inc. (
Muscat Daily
10-03-2025
- Business
- Muscat Daily
Logistics sector expected to contribute RO14bn to Oman's GDP by 2040
Muscat – With Oman's strategic location at the crossroads of global trade routes, cutting-edge infrastructure projects, and advancements in air, sea and land connectivity, the sultanate's transport and logistics sector is poised to drive economic growth and diversification in the coming years. A new report from global research and advisory company Oxford Business Group, in partnership with Oman's Ministry of Commerce, Industry, and Investment Promotion, shows that Oman's transport and logistics sector is anticipated to contribute RO14bn to the national economy by 2040, positioning the sector as the second-highest economic contributor after hydrocarbons. As of 2023, the logistics sector contributed approximately 7% to Oman's GDP. It contributed RO1.7bn, or 6.1%, to the sultanate's GDP in the first nine months of 2024, as per the report. According to the report titled 'Investing in Oman's Future: High-Growth Opportunities in Key Sectors,' the Omani transport and logistics sector presents wide-ranging investment opportunities. The sector, which currently provides over 79,000 jobs, is seeking to create up to 300,000 new logistics jobs by 2040. The Oxford Business Group report covers various promising sectors and highlights the sultanate's ongoing efforts to attract investment and foster economic transformation through strategic initiatives aligned with Vision 2040. The report explores the sultanate's advancements and opportunities in transportation and logistics, agriculture and food production, manufacturing and mining, tourism and urban development, energy, and the digital economy. It offers an in-depth analysis of Oman's drive to position itself as a global leader in green hydrogen, renewable energy and digital innovation, while leveraging its strategic location as a logistics hub connecting Asia, Africa and Europe. The report also examines Oman's significant infrastructure projects, such as Khazaen Economic City and its advanced port systems, which aim to solidify the country's status as a vital trade and logistics centre. It outlines how initiatives like Yiti Sustainable City and Hydrom are aligning with global sustainability goals to attract environmentally conscious investments. The report features an exclusive interview with H E Qais al Yousef, Oman's Minister of Commerce, Industry and Investment Promotion, who underscores the importance of strategic investments in driving the nation's transformation. 'This report underlines Oman's potential as an attractive and globally competitive investment destination. Our priorities – diversification, infrastructure promotion, re-engineering Oman's business environment, human capital development, as well as employment generation, trade enhancement, creating in-country value and digital transformation – were established with Oman Vision 2040. They are now reinforced by our net-zero emissions target in 2050 and are being realised through progressive policies,' H E Yousef said. Jana Treeck, Oxford Business Group's Managing Director for the Middle East, said the report highlights Oman's progress in creating a pro-business environment that promotes both local value creation and foreign direct investment. 'Oman is making significant strides in economic diversification under Vision 2040, with its focus on sustainable growth and innovation providing a solid foundation for long-term success,' she said. 'This report underscores the sultanate's commitment to harnessing its competitive advantages and implementing forward-thinking strategies to unlock high-growth opportunities across key sectors.'
Zawya
10-03-2025
- Business
- Zawya
OBG partners with the Omani Ministry of Commerce, Industry and Investment Promotion to showcase Vision 2040 progress
Muscat: A new report produced by Oxford Business Group (OBG), in partnership with Oman's Ministry of Commerce, Industry and Investment Promotion (MCIIP), highlights the country's ongoing efforts to attract investment and foster economic transformation through strategic initiatives aligned with Vision 2040. Titled 'Investing in Oman's Future: High-Growth Opportunities in Key Sectors,' the report explores the sultanate's advancements and opportunities in transportation and logistics, agriculture and food production, manufacturing and mining, tourism and urban development, energy, and the digital economy. It offers an in-depth analysis of Oman's drive to position itself as a global leader in green hydrogen, renewable energy and digital innovation, while leveraging its strategic location as a logistics hub connecting Asia, Africa and Europe. The publication also examines Oman's significant infrastructure projects, such as Khazaen Economic City and its advanced port systems, which aim to solidify the country's status as a vital trade and logistics centre. It outlines how initiatives like Yiti Sustainable City and Hydrom are aligning with global sustainability goals to attract environmentally conscious investments. With an OR14bn GDP contribution targeted from logistics by 2040 and an emphasis on advanced technologies, Oman is positioning itself as an appealing destination for international investors. The report features an exclusive interview with Qais Al Yousef, Oman's Minister of Commerce, Industry and Investment Promotion, who underscores the importance of strategic investments in driving the nation's transformation. 'This report underlines Oman's potential as an attractive and globally competitive investment destination. Our priorities – diversification, infrastructure promotion, re-engineering Oman's business environment, human capital development, as well as employment generation, trade enhancement, creating in-country value and digital transformation – were established with Oman Vision 2040. They are now reinforced by our net-zero emissions target in 2050 and are being realised through progressive policies,' he said. Commenting on the launch, Jana Treeck, OBG's Managing Director for the Middle East, said the report highlights Oman's progress in creating a pro-business environment that promotes both local value creation and foreign direct investment. 'Oman is making significant strides in economic diversification under Vision 2040, with its focus on sustainable growth and innovation providing a solid foundation for long-term success,' she said. 'This report underscores the sultanate's commitment to harnessing its competitive advantages and implementing forward-thinking strategies to unlock high-growth opportunities across key sectors.' Investing in Oman's Future: High-Growth Opportunities in Key Sectors is now available to view and download at: About Oxford Business Group Oxford Business Group (OBG) is a global research and advisory company with a presence in over 30 countries, spanning Africa, the Middle East, Asia, and the Americas. It is recognised internationally as a distinctive and respected provider of on-the-ground intelligence on world's fastest-growing markets, termed The Yellow Slice, in reference to OBG's corporate colour. Through its range of products - Economic News and Views; OBG CEO Surveys; OBG Events and Conferences; Global Platform, which hosts exclusive video interviews; and The Report publications – as well as its Advisory division, OBG offers comprehensive and accurate analysis of macroeconomic and sector-level developments for sound investment opportunities and business decisions. OBG provides business intelligence to its subscribers through multiple platforms, including its direct subscribers, Dow Jones Factiva subscribers, the Bloomberg Professional Services subscribers, Refinitiv's (previously Thomson Reuters) Eikon subscribers, and more. For more information, please contact: Marc-André de Blois Director of PR and Video Content, Oxford Business Group E-mail: mdeblois@ 802 Publishing Pavilion, Production City PO Box 502 659 Me'aisem First Dubai UAE 6th Floor 105 Victoria Street London SW1E 6DT Register to receive our Economic Updates:
