OBG report to focus on legal reforms, new mining law

Times News Service

MUSCAT: Oman’s changing legislative framework and its role in supporting the Sultanate’s efforts to diversify the economy will be explored in a new report by Oxford Business Group (OBG).

The Report: Oman 2020 will provide in-depth coverage of the new laws recently implemented and others currently being drafted or awaiting approval, all of which are strengthening the country’s bid to attract new investors and redefine its economic landscape.

Key topics earmarked for analysis include the long-awaited new mining law. OBG’s report will update business leaders on the details and ramifications of the legislation, which aims to enhance the investment and operating environment for industry players, while improving transparency and opening the gateway to a raft of untapped opportunities.

There will also be coverage of the infrastructure projects that Oman plans to roll out to support the expansion of the mining industry. In separate analysis, OBG’s report will shine a spotlight on the other non-oil sectors of the economy that are ripe for growth, such as tourism, manufacturing, and transport and logistics.

Additional topics examined include the latest developments in Oman’s hydrocarbons sector, with in-depth analysis provided of the Sultanate’s plans for boosting both upstream and downstream activity. CMS has signed a second memorandum of understanding (MoU) with OBG for the research and publishing firm’s 2020 report on Oman’s economic development and investment opportunities. Under the MoU, CMS will contribute to the Law and Tax Chapters of The Report: Oman 2020.