Charitable sector’s role in Oman’s development
In Oman, the charitable sector—comprising voluntary teams, non-profit organisations, waqf-based entities, and government-linked foundations—plays a vital role in driving inclusive economic...
Mastering Local Conant: The ultimate strategy guide
Local Conant is an active and competitive business simulation game where players make real-time strategic decisions in a localiced market. Understanding supply chains, customers, prices, and...
Employment: policies, progress, and prospects
Oman is currently going through an extensive national transformation as outlined in Vision 2040 which seeks to diversify the economy, reduce reliance on hydrocarbons, and promote sustainable...
Circular economy and local added value in Oman
The Sultanate of Oman is now in full acceptance of the circular economy concept which is known as a restorative and regenerative system which looks at waste as a potential resource. This shift is...
The military sector strategic, economic, and social value
Whether a small island nation or a continental superpower, the military sectors directly shape how citizens experience security, work opportunities, and even everyday technology. Governments routinely...
Lessons from Norway’s local content journey
Like many resource-rich countries, Norway faced a dilemma upon discovering oil in the North Sea during 1969: Would black gold bring long-term prosperity or lead to the infamous resource curse which...
Building workforce capabilities for a sustainable economy
The Oman Vision 2040 includes strategic positioning such as improving the use of human resources, innovation, and institutional development. ICV further these objectives by including local human...
The role of credit data in enhancing ICV in Oman
The Sultanate of Oman is undergoing a significant economic transformation, driven by its Vision 2040 strategy that emphasizes diversification, innovation, and sustainability. Central to this...
The nexus of ICV, human capital development
Oman 2040 strives to dynamically shift the limb of Oman’s economic structure towards a diverse knowledge-based economy alongside social development. Another goal is to fulfill the objectives of...
Sustainability at the core of national progress
Oman is strategically located next to the United Arab Emirates, KSA and Yemen, forming a boundary for the Sultanate of Oman along the Arabian Peninsula. Combating environmental challenges while...
AI’s role in advancing In-Country Value in Oman
With Oman’s ICV scheme evolving from a focus on oil and gas to a more encompassing initiative aimed at increasing domestically driven economic activity, strengthening local infrastructure, investing...
Omanisation and ICV: A comprehensive overview
Oman has embarked on a transformative journey to diversify its economy and reduce dependency on oil revenues. Central to this vision are two pivotal initiatives: Omanisation and In-Country Value...
Impact of R&D on ICV development in Oman
Oman's Vision 2040 has provided a roadmap to achieve a diversified and knowledge-based economy. In-Country Value (ICV) — a national development strategy to maximize the economic value retained...
Enhancing ICV through strategic data management
The Sultanate of Oman has embraced In-Country Value (ICV) development as one of the cornerstones of wealth retention in the economy and continues to seek methods for economic diversification. Taking...
Health Sector ICV: A pillar for sustainable development
With the new Vision 2040, Oman's ICV has evolved into a cornerstone of sustainable growth, enabling further progress. Historically focused on the oil and gas industry, the ICV initiative aims to...
Driving ICV in Oman’s tourism and heritage sector
Recognized as the Sultanate of Oman, the nation is known for its tourism potential due to the diversity of its natural landscapes and flora, as well as rich culture. Oman is now making concerted...
ICV in agriculture, water sectors and fisheries
The In-Country Value (ICV) system is perhaps the most important strategy in promoting sustainable growth and development in agriculture, fisheries and water.The strategy aims to capitalise on the...
Opinion-Economic importance of local content in Oman
The Sultanate of Oman is positioned strategically on the Arabian Peninsula and has made fantastic progress over the last few decades in diversifying its economy. Oman is slowly moving away from being...
The role of ESG in support of the Omani economy
Environment, social, and Corporate Governance (ESG) has become an important variable for measuring sustainability and social impact of businesses and investments. With the growing economy and Oman...
Reskilling and upskilling a future-ready workforce for Oman
Industry 4.0, often termed the Fourth Industrial Revolution, has profoundly deepened the shift in economies of the world by making businesses operate, manufacture and service in a distinct ways. Every...