Oman
Oman news and analysis, tenders, contracts awarded, commentary and economic data.
Oman News
Oman inflation jumps to five-month high in January
Rise in transport prices and rents drives inflation
Abu Dhabi's Emirates Steel favourite to buy Shadeed
A deal is in place for steel facility in Oman, says source
Rival bidder enters race to buy Shadeed Iron & Steel
Emirates Steel and unknown Indian company make rival approaches for Omani plant
-
Gulf banks’ non performing loans will peak in mid-2010
-
Oman records $57m budget deficit in 2009
-
Bids in for Omani road deal
-
Port of Salalah prepares to issue tenders
-
Bids for Sohar aluminium rolling mill under evaluation
-
Foulath in talks with Kobe Steel to build pellet plants
-
Port of Salalah records increase in profit
Oman Analysis
Al-Baraka Banking Group
The Islamic bank is seeking fresh markets after emerging intact from the global crisis
Oil prices: Caution is the watchword
Oil price conservatism is likely to remain a key theme of Middle East states’ budget calculations
Getting Gulf banks lending again
GCC finance houses remain wary of making fresh loans and risk stunting economic growth
Regional gas exports look east
Producers seek new markets as demand falls and US output rises
Oman Special Reports
Special Report: Power & Water - Region struggles to ensure access to scarce water supplies
The Middle East is struggling to cope with growing demand for fresh water. While the reasons for water shortages vary across the region, the issue that all governments around the Middle East are having to tackle is the same: how to guarantee access to shrinking supplies of fresh water.
Special Report: Banking - Public sector projects raise hope
The Gulf’s governments are turning to new financing strategies to fund crucial infrastructure projects with public-private partnerships (PPPs) an increasingly popular model in the region
Special Report: Construction - Contract awards raise hope in the Gulf
The outlook for the region’s construction sector in 2010 looks mixed. The Gulf’s major economies, such as Saudi Arabia and Abu Dhabi, are surging out of the financial downturn, but $575bn worth of projects remain on hold across the GCC
Special Report: Education - Gulf invests in high-tech future
The Middle East has taken big strides to improve the quality of university education in recent years, investing billions of dollars in a modern infrastructure
Special Report: Construction - Industrial schemes prompt hope
Dubai-based real estate developer Nakheel has become the focus of the problems in the emirate’s construction market in recent weeks, as it tries to restructure a $3.5bn sukuk (Islamic bond) before the repayment deadline of 14 December.
Special Report: Petrochemicals - Gulf hit by oversupply
After a poor start to the year, when the Gulf’s petrochemicals companies reported record losses, petrochemical prices have slowly improved and demand is expected to pick up as the year end
Oman Data
Roads: Making the right links
From Qatar’s $20bn road building programme to Kuwait’s $3.7bn Subiya Causeway and major ring road schemes, road building is enjoying a renewed focus in the region as governments concentrate on improving transport infrastructure.
Oil prices: Caution is the watchword
Oil price conservatism is likely to remain a key theme of Middle East states’ budget calculations
2009 Review: Trends - Gulf aluminium producers take advantage of low gas costs
With access to cheap gas feedstock, regional producers are boosting their capacity while rivals cut back.
Finance 2010: Reasons for cautious confidence
Banks in the region have fared well amid the global downturn but must start lending to boost business
Projects 2010: Market begins to recover in the region
Contract awards are expected to pick up significantly in the year ahead, with more than $500bn worth of projects currently being tendered across the region as clients take advantage of lower construction costs
Construction 2010: Public sector offers best opportunities
The real estate market is set to remain subdued in 2010, but infrastructure projects will push ahead
Oman Tenders
-
Oman: Road design and construction
-
Oman: Water supply system
-
Oman: Power station generation works
-
Oman: Water supply system O&M
-
Oman: School classrooms (16)
-
Oman: Grain silo design and supervision consultancy
-
Oman: School construction (Al-Aflaj)
-
Oman: Hospital equipment
-
Oman: Power and desalination plant fuel
-
Oman: Road intersection interchange
Oman Contracts Awarded
Middle East contracts awarded: 9 March 2010
Almost $2.4bn worth of contracts have been awarded across the Middle East up to 9 March 2010, according to this selected checklist compiled from MEED reports
Middle East contracts awarded: February 2010
Almost $3.5bn worth of contracts have been awarded across the Middle East in February 2010, according to this selected checklist compiled from MEED reports
Sembcorp starts work on Salalah power and water project
Plant to start operating commercially in 2012
