Author:
Publisher: Oxford Business Group
ISBN: 1910068764
Category : Political Science
Languages : en
Pages : 280
Book Description
Oman’s economy contracted by 13.8% in nominal terms in 2015 as the ongoing low oil price environment squeezed growth and led to the largest budget deficit in over a decade. In a bid to tackle the shortfall the government is taking a number of revenue-raising measures such as cutting subsidies and increasing corporation tax, while remaining focused on its long-term diversification goals. Though hydrocarbons still account for 33.9% of GDP and 78.7% of state revenues, non-oil sectors are playing an increasingly prominent role in the country’s economic profile. Authorities are targeting heavy industries in particular with plans to boost their GDP contribution to from 19.8% today to 29% by 2020. Meanwhile annual growth of 6% is being targeted in the mining sector, with a host of regulatory initiatives being implemented as the government seeks to boost investor interest. Start reading
The Report: Oman 2017
Doing Business 2016
Author: World Bank
Publisher: Doing Business
ISBN: 9781464806674
Category : Business & Economics
Languages : en
Pages : 344
Book Description
Doing Business 2016 is the 13th publication in a series of annual reports comparing business regulation in 189 economies. This year the publication addresses regulations affecting 11 areas of everyday business activity including: Starting a business Dealing with construction permits Getting electricity Registering property Getting credit Protecting minority investors Paying taxes Trading across borders Enforcing contracts Resolving insolvency Labor market regulations Doing Business 2016 updates all indicators as of June 1, 2015, ranks economies on their overall ease of doing business, and analyzes reforms to business regulation identifying which economies are strengthening their business environment the most. This report illustrates how reforms in business regulations are being used to analyze economic outcomes for domestic entrepreneurs and for the wider economy. It is a flagship product produced by the World Bank Group that garners worldwide attention on regulatory barriers to entrepreneurship. More than 60 economies have used the Doing Business indicators to shape reform agendas and monitor improvements on the ground. In addition, the Doing Business data has generated over 2,000 articles in peer-reviewed academic journals since its inception.
Publisher: Doing Business
ISBN: 9781464806674
Category : Business & Economics
Languages : en
Pages : 344
Book Description
Doing Business 2016 is the 13th publication in a series of annual reports comparing business regulation in 189 economies. This year the publication addresses regulations affecting 11 areas of everyday business activity including: Starting a business Dealing with construction permits Getting electricity Registering property Getting credit Protecting minority investors Paying taxes Trading across borders Enforcing contracts Resolving insolvency Labor market regulations Doing Business 2016 updates all indicators as of June 1, 2015, ranks economies on their overall ease of doing business, and analyzes reforms to business regulation identifying which economies are strengthening their business environment the most. This report illustrates how reforms in business regulations are being used to analyze economic outcomes for domestic entrepreneurs and for the wider economy. It is a flagship product produced by the World Bank Group that garners worldwide attention on regulatory barriers to entrepreneurship. More than 60 economies have used the Doing Business indicators to shape reform agendas and monitor improvements on the ground. In addition, the Doing Business data has generated over 2,000 articles in peer-reviewed academic journals since its inception.
The Report: Qatar 2016
Author: Oxford Business Group
Publisher: Oxford Business Group
ISBN: 1910068632
Category :
Languages : en
Pages : 285
Book Description
Qatar's sizeable oil and natural gas reserves have underpinned its rapid economic growth over the past two decades. Home to the world's largest non-associated gas field, the country is the world's fourth-largest producer of dry natural gas and the largest producer of liquefied natural gas, with hydrocarbons revenues forming the bulk of national income as a result. Although the drop in global energy prices has impacted export revenues, rigorous economic diversification drives in recent years have paid dividends, and in 2015 non-hydrocarbons growth reached 7.7%, compared to a 0.1% contraction for hydrocarbons growth during the same period. The country's financial sector has continued to evolve; Islamic banking in particular has witnessed significant progress. Meanwhile,
Publisher: Oxford Business Group
ISBN: 1910068632
Category :
Languages : en
Pages : 285
Book Description
Qatar's sizeable oil and natural gas reserves have underpinned its rapid economic growth over the past two decades. Home to the world's largest non-associated gas field, the country is the world's fourth-largest producer of dry natural gas and the largest producer of liquefied natural gas, with hydrocarbons revenues forming the bulk of national income as a result. Although the drop in global energy prices has impacted export revenues, rigorous economic diversification drives in recent years have paid dividends, and in 2015 non-hydrocarbons growth reached 7.7%, compared to a 0.1% contraction for hydrocarbons growth during the same period. The country's financial sector has continued to evolve; Islamic banking in particular has witnessed significant progress. Meanwhile,
The Report: Oman 2015
Author: Oxford Business Group
Publisher: Oxford Business Group
ISBN: 1910068217
Category :
Languages : en
Pages : 292
Book Description
As with most of its neighbours in the GCC region, oil and gas remains a significant contributor to Oman’s economy, accounting for around 50% of GDP. While the recent slump in oil prices is a concern, increased investment in enhanced oil recovery techniques in recent times has attempted to make up for this decline, with supply increasing as a result. Meanwhile, Oman’s industrial sector, particularly the petrochemicals segment, is poised for large expansion with ongoing investment in downstream infrastructure and new facilities in the pipeline for the Sohar and Salalah industrial regions expected to contribute significantly to output before 2020. Added to this is the rapid development of Oman’s ports, rail and airports, which is expected to drive its reputation as a regional logistics hub while developing the tourism sector, which is considered as key moving forward.
Publisher: Oxford Business Group
ISBN: 1910068217
Category :
Languages : en
Pages : 292
Book Description
As with most of its neighbours in the GCC region, oil and gas remains a significant contributor to Oman’s economy, accounting for around 50% of GDP. While the recent slump in oil prices is a concern, increased investment in enhanced oil recovery techniques in recent times has attempted to make up for this decline, with supply increasing as a result. Meanwhile, Oman’s industrial sector, particularly the petrochemicals segment, is poised for large expansion with ongoing investment in downstream infrastructure and new facilities in the pipeline for the Sohar and Salalah industrial regions expected to contribute significantly to output before 2020. Added to this is the rapid development of Oman’s ports, rail and airports, which is expected to drive its reputation as a regional logistics hub while developing the tourism sector, which is considered as key moving forward.
The Report: Dubai 2016
Author: Oxford Business Group
Publisher: Oxford Business Group
ISBN: 1910068683
Category :
Languages : en
Pages : 312
Book Description
Financial services in particular is one non-oil area where the emirate is starting to pull ahead, with recent growth in the Islamic financial services segment fuelling the emirate's ambition of becoming the knowledge-based capital of the Islamic economy in the future. Meanwhile, Dubai's real estate and construction sectors, which were badly affected by the 2008 financial meltdown, are once again thriving as the legacies of the global crisis recede, and the debts incurred from that time are repaid and restructured. Indeed Dubai is now firmly focused on the future, with preparations for Dubai Expo 2020 in particular helping nourish its economic recovery, development and growth in recent years. The event is expected to attract 25m visitors over a six-month period and the build-up is driving development across several sectors. The preparations,
Publisher: Oxford Business Group
ISBN: 1910068683
Category :
Languages : en
Pages : 312
Book Description
Financial services in particular is one non-oil area where the emirate is starting to pull ahead, with recent growth in the Islamic financial services segment fuelling the emirate's ambition of becoming the knowledge-based capital of the Islamic economy in the future. Meanwhile, Dubai's real estate and construction sectors, which were badly affected by the 2008 financial meltdown, are once again thriving as the legacies of the global crisis recede, and the debts incurred from that time are repaid and restructured. Indeed Dubai is now firmly focused on the future, with preparations for Dubai Expo 2020 in particular helping nourish its economic recovery, development and growth in recent years. The event is expected to attract 25m visitors over a six-month period and the build-up is driving development across several sectors. The preparations,
Deconstructing ‘Energy Security’ in Oman
Author: Lamya Harub
Publisher: Springer Nature
ISBN: 9811946914
Category : Business & Economics
Languages : en
Pages : 294
Book Description
This book makes a substantial and timely contribution to discussions on energy security in Oman, providing a systematic analysis of energy security in Oman from 1920 to 2020. It is particularly relevant in light of the recent global geopolitics of the Gulf particularly, and the Middle Eastern region broadly, as well as connecting to current climate change research and debates. Combining a political sociological account with postcolonial concepts within a theoretical and empirical exploration of energy politics, the book weaves a study of energy security into the historical and contemporary development of political, economic, security, and social structures in Oman. Including interviews with Omani and Oman-based practitioners, as well as grounded in historical documents which include Arabic-language sources, this book evaluates the energy question beyond the typical economic perspective, considering socio-political opportunities and challenges. It also makes economic-related recommendations in tandem with rentier state theory. Unlike the dominant accounts of energy security in Oman, this book sets itself apart by moving away from utilising liberal and realist approaches for its analysis and engages systematically with critical security studies to introduce a non-Eurocentric perspective to the arena. Of interest to scholars in Middle Eastern history, energy security, and security studies, this book assumes an important place in the critical literature on the Gulf, particularly within environmental studies and energy policy literature.
Publisher: Springer Nature
ISBN: 9811946914
Category : Business & Economics
Languages : en
Pages : 294
Book Description
This book makes a substantial and timely contribution to discussions on energy security in Oman, providing a systematic analysis of energy security in Oman from 1920 to 2020. It is particularly relevant in light of the recent global geopolitics of the Gulf particularly, and the Middle Eastern region broadly, as well as connecting to current climate change research and debates. Combining a political sociological account with postcolonial concepts within a theoretical and empirical exploration of energy politics, the book weaves a study of energy security into the historical and contemporary development of political, economic, security, and social structures in Oman. Including interviews with Omani and Oman-based practitioners, as well as grounded in historical documents which include Arabic-language sources, this book evaluates the energy question beyond the typical economic perspective, considering socio-political opportunities and challenges. It also makes economic-related recommendations in tandem with rentier state theory. Unlike the dominant accounts of energy security in Oman, this book sets itself apart by moving away from utilising liberal and realist approaches for its analysis and engages systematically with critical security studies to introduce a non-Eurocentric perspective to the arena. Of interest to scholars in Middle Eastern history, energy security, and security studies, this book assumes an important place in the critical literature on the Gulf, particularly within environmental studies and energy policy literature.
Oman: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Oman
Author: International Monetary
Publisher: International Monetary Fund
ISBN: 1513596020
Category : Business & Economics
Languages : en
Pages : 93
Book Description
Sultan Haitham ascended to the throne in January 2020 and has committed to implementing strong fiscal and structural reforms to address longstanding vulnerabilities. In addition to persistent fiscal deficits arising from incomplete adjustment to lower oil prices since 2015, Oman faced twin shocks from the COVID-19 pandemic and a collapse in oil prices in 2020 that amplified fiscal and external vulnerabilities. The authorities moved rapidly to contain the spread of COVID-19 infections and provided broad-based policy measures to limit its impact on the economy. In addition, frontloaded fiscal consolidation has been implemented in the 2021 budget as part of the authorities’ Medium-Term Fiscal Plan (MTFP) which aims to eliminate the fiscal deficit over the medium term. Banks have high capital buffers and liquidity, but credit risk is a concern going forward. Structural reforms have been accelerated under Oman Vision 2040 to boost non-oil private sector growth and facilitate job creation.
Publisher: International Monetary Fund
ISBN: 1513596020
Category : Business & Economics
Languages : en
Pages : 93
Book Description
Sultan Haitham ascended to the throne in January 2020 and has committed to implementing strong fiscal and structural reforms to address longstanding vulnerabilities. In addition to persistent fiscal deficits arising from incomplete adjustment to lower oil prices since 2015, Oman faced twin shocks from the COVID-19 pandemic and a collapse in oil prices in 2020 that amplified fiscal and external vulnerabilities. The authorities moved rapidly to contain the spread of COVID-19 infections and provided broad-based policy measures to limit its impact on the economy. In addition, frontloaded fiscal consolidation has been implemented in the 2021 budget as part of the authorities’ Medium-Term Fiscal Plan (MTFP) which aims to eliminate the fiscal deficit over the medium term. Banks have high capital buffers and liquidity, but credit risk is a concern going forward. Structural reforms have been accelerated under Oman Vision 2040 to boost non-oil private sector growth and facilitate job creation.
Foreign Investment in the Sultanate of Oman
Author: Moosa Salim Jabir Al Azri
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 3112402243
Category : Business & Economics
Languages : en
Pages : 304
Book Description
No detailed description available for "Foreign Investment in the Sultanate of Oman".
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 3112402243
Category : Business & Economics
Languages : en
Pages : 304
Book Description
No detailed description available for "Foreign Investment in the Sultanate of Oman".
International Tourism Development and the Gulf Cooperation Council States
Author: Marcus L. Stephenson
Publisher: Routledge
ISBN: 1317690877
Category : Business & Economics
Languages : en
Pages : 307
Book Description
This book examines the challenges facing the development of tourism in the six member states of the Gulf Cooperation Council (GCC): Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE). This region, which largely comprises the Arabian Peninsula, possesses some of the fastest growing economies in the world and is remarkably unique. It shares similar associations and affinities: tribal histories, royal kinship, political associations, Bedu cultural roots, Islamic heritage, rapid urbanization, oil wealth, rentier dynamics, state capitalist structures, migrant labour, economic diversification policies and institutional restructuring. Therefore, this volume takes the study of tourism away from its normative unit of analysis, where tourism in the region is being examined within the context of the Middle East and the wider Islamic and Arab world, towards an enquiry focusing on a specific geo-political territory and socially defined region. Although international tourism development in the region embodies a range of challenges, complexities and conflicts, which are deeply contextualized in this volume, the approach overall does not endorse the normative ‘Gulf bashing’ position that has predominated within the critical enquiries in the region. It presents a forward-looking and realistic assessment of international tourism development, examining development potentialities and constructive ways forward for GCC states and the region as a whole. This edited volume provides a real attempt to examine critically ways in which tourism and its development intersect with the socio-cultural, economic, political, environmental and industrial change that is taking place in the region. By doing so, the book provides a theoretically engaged analysis of the social transformations and discourses that shape our contemporary understanding of tourism development within the GCC region. Moreover, it deciphers tourism development’s role within the context of the GCC states undergoing rapid transformation, urbanization, ultra-modernization, internationalization and globalization. In addition to state-specific illustrations and destination case studies, the work provides insights into relatable themes associated with international tourism development in the region, such as tourism’s relationship with religion, heritage and identity, the environment and sustainability, mobility and cross-border movements, the transport industry, image production and destination branding, mega-development and political stability and instability. The book combines theory with diverse case study illustrations, drawing on disciplinary knowledge from such fields as sociology, political economy and social geography. This timely and original contribution is essential reading for students, researchers and academics in the field of tourism studies and related subject areas, along with those who have regional interests in Middle East studies, including Gulf and Arabian Peninsula studies.
Publisher: Routledge
ISBN: 1317690877
Category : Business & Economics
Languages : en
Pages : 307
Book Description
This book examines the challenges facing the development of tourism in the six member states of the Gulf Cooperation Council (GCC): Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE). This region, which largely comprises the Arabian Peninsula, possesses some of the fastest growing economies in the world and is remarkably unique. It shares similar associations and affinities: tribal histories, royal kinship, political associations, Bedu cultural roots, Islamic heritage, rapid urbanization, oil wealth, rentier dynamics, state capitalist structures, migrant labour, economic diversification policies and institutional restructuring. Therefore, this volume takes the study of tourism away from its normative unit of analysis, where tourism in the region is being examined within the context of the Middle East and the wider Islamic and Arab world, towards an enquiry focusing on a specific geo-political territory and socially defined region. Although international tourism development in the region embodies a range of challenges, complexities and conflicts, which are deeply contextualized in this volume, the approach overall does not endorse the normative ‘Gulf bashing’ position that has predominated within the critical enquiries in the region. It presents a forward-looking and realistic assessment of international tourism development, examining development potentialities and constructive ways forward for GCC states and the region as a whole. This edited volume provides a real attempt to examine critically ways in which tourism and its development intersect with the socio-cultural, economic, political, environmental and industrial change that is taking place in the region. By doing so, the book provides a theoretically engaged analysis of the social transformations and discourses that shape our contemporary understanding of tourism development within the GCC region. Moreover, it deciphers tourism development’s role within the context of the GCC states undergoing rapid transformation, urbanization, ultra-modernization, internationalization and globalization. In addition to state-specific illustrations and destination case studies, the work provides insights into relatable themes associated with international tourism development in the region, such as tourism’s relationship with religion, heritage and identity, the environment and sustainability, mobility and cross-border movements, the transport industry, image production and destination branding, mega-development and political stability and instability. The book combines theory with diverse case study illustrations, drawing on disciplinary knowledge from such fields as sociology, political economy and social geography. This timely and original contribution is essential reading for students, researchers and academics in the field of tourism studies and related subject areas, along with those who have regional interests in Middle East studies, including Gulf and Arabian Peninsula studies.
Persian Gulf 2018
Author: P. R. Kumaraswamy
Publisher: Springer
ISBN: 9811319782
Category : Political Science
Languages : en
Pages : 266
Book Description
The Persian Gulf 2018 is sixth in the series published by MEI@ND and examines India’s bilateral relations with the countries along the Persian Gulf, namely, Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, UAE and Yemen. It focuses on developments during 2017 and offers a comprehensive account of the strategic, political, economic and cultural aspects of bilateral developments along with specific policy recommendations for India.The book also provides an in-depth analysis of internal dynamics of these countries.
Publisher: Springer
ISBN: 9811319782
Category : Political Science
Languages : en
Pages : 266
Book Description
The Persian Gulf 2018 is sixth in the series published by MEI@ND and examines India’s bilateral relations with the countries along the Persian Gulf, namely, Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, UAE and Yemen. It focuses on developments during 2017 and offers a comprehensive account of the strategic, political, economic and cultural aspects of bilateral developments along with specific policy recommendations for India.The book also provides an in-depth analysis of internal dynamics of these countries.