
Mining / Investment | Muscat: The Mazoon project represents one of Oman’s most significant steps towards reviving industrial copper mining. It is not merely an exploration programme for a potential deposit, but a planned mining and processing complex with identified reserves, five proposed mines and its own ore-processing plant.
Oman | Real Estate and Investment: Oman is developing new cities, residential districts and tourism destinations, but it does not intend to finance their construction entirely from the state budget. Instead, it uses a model in which the government prepares the land and long-term development strategy, while private developers, banks, investors and future property owners finance a significant part of the implementation.
Muscat: The real estate market in the Sultanate of Oman is gaining momentum. Residential property prices are rising, the government is supporting major development projects, and new opportunities are emerging for foreign capital.
The tax system of the Sultanate of Oman is one of the simplest in the Gulf region. Historically, government revenues have been largely derived from oil and natural gas, allowing the country to operate for many years without personal income tax or value-added tax (VAT).
Oman Vision 2040 is the Sultanate of Oman's long-term national development strategy, officially launched in 2021. Its primary objective is to build a diversified, competitive, and sustainable economy, reducing the country's dependence on oil revenues while improving the quality of life for its citizens.