by Ehsan Bayat | Sep 6, 2023 | Oman, Technology
Like lots of countries in the Middle East, Oman’s economy is dependent on oil and gas. It accounts for about 60 percent of the sultanate’s total export income. Moreover, domestic natural gas is responsible for more than 95 percent of its electricity...
by Ehsan Bayat | Nov 9, 2022 | Oman
Public-private partnerships (PPP) for infrastructure spending and development are relatively new in the Middle East, but they will be instrumental to support continued economic growth given the volatility of oil prices and the financial impact that the COVID-19...
by Ehsan Bayat | Nov 5, 2020 | Business, Construction, Economy, Environment, Infrastructure, Middle East, Oman
Oman’s economy has grown substantially since 2004, due in large part to its abundance of oil reserves. However, a decline in oil production slowed economic growth rates in 2019 to 0.5 percent. Moreover, the COVID-19 pandemic is expected to contribute to a 2.8...
by Ehsan Bayat | Mar 7, 2019 | Architecture, Business, Construction, Data, Economy, Energy, Entertainment, Infrastructure, Middle East, Oman, Technology, Transportation, Travel
In an effort to create more jobs and boost economic growth, Oman has allocated USD $9.6 billion in its 2019 state budget for infrastructure development and the completion of industrial and services projects. Ongoing projects in the small Middle East country include...
by Ehsan Bayat | Oct 3, 2018 | Architecture, Business, Construction, Energy, Environment, Infrastructure, Oman, Technology, Transportation
Like several other Middle East countries, Oman is dedicated to improving its economy through increased investment in non-oil exports. In particular, aligned with expectations set out in Vision 2040 and the National 2040 Tourism Strategy, the country has placed...
by Ehsan Bayat | Aug 29, 2018 | Africa, Architecture, Business, Construction, Dubai, Economy, Egypt, Energy, Environment, Infrastructure, Iran, Iraq, Jordan, Kuwait, Lebanon, Libya, Middle East, Oman, Qatar, Saudi Arabia, Technology, Transportation, Turkey
Worldwide temperatures in summer 2018 have highlighted the impact of climate change and stressed the urgency for global leaders and organizations to expedite and improve their carbon-reduction solutions. Sweden, for instance, is in the middle of its hottest-recorded...
