Ad Duqm was once, only a few years ago, a small village with a couple of shops, an equal number of local restaurants and it was a cash economy with not even a bank. However times have changed and Oman’s port and industrial zone in Ad Duqm (Duqm SEZA) hosted Oman Wanfang LLC for a signing ceremony on the 19th April for the Chinese company to develop 1,172 hectares of land adjacent to Ad Duqm’s port.
Sultan Qaboos who as well as being Oman’s Head of State is also the country’s Prime Minister and Foreign, Defence & Finance Minister. The country has had a Deputy Prime Minister H.H Sayyid Fahad bin Mahmood Al-Said who frequently chairs cabinet meetings whose members include the Cabinet Ministers responsible for Foreign, Defence & Financial affairs.
Oman’s Ministry of Tourism has issued agreements for the development of 11 tourism accommodation projects throughout the country.
Leading the way is a substantial plot to be developed by the Oman Government’s ‘Oman Investment Fund’. The size of the plot in Al Jabal Al Akhdar, 73,367sqm is comparable to the plot developed by an Oman pension fund and operated by Anantara and about 50% of the land area available to Alila, the new property will be the mountain’s 3rd luxury hotel. Al Jabal Al Akhdar’s room offering has grown from a single 22room hotel in 2011 to 4 hotels with 10times the number. The government intend
Iran is rapidly become a key element in Oman’s economic and political future. On Wednesday 15th February 2017 Iranian President Rouhani will pay a brief visit to Sultan Qaboos in the morning before flying to Kuwait, which is the next chair of the GCC. Both Oman and Kuwait have important Shia Muslim populations, in Kuwait these are focused in business; my employer in Saudi whose family is Shia being perhaps the largest private company in Kuwait.
Oman’s Al Bustan Palace, though remaining open throughout 2017 will have restricted room bookings for 7 months. There will be limited number of rooms available from 1st March – 30th November 2017 and no room bookings at all between 1st May 30th September 2017.