Oman Offers Investors Stability, Opportunity Amid Global Uncertainty
Muscat, The Gulf Observer: In an era marked by increasing global uncertainty and conflict, Oman is emerging as a beacon of consistency, openness, and long-term opportunity, according to H.E. Qais bin Mohammed Al Yousef, Minister of Commerce, Industry, and Investment Promotion. Speaking at the opening of the Advantage Oman Forum 2025 at the St. Regis Al Mouj Muscat, Al Yousef addressed a gathering of global CEOs, underscoring Oman’s commitment to being a trusted and stable partner in an increasingly unstable world.
“In such a world, Oman offers a rare value — consistency, openness, and reliability,” Al Yousef stated, drawing attention to the challenges of a global landscape destabilized by more than 50 ongoing conflicts. Reflecting on Oman’s distinguished international relations, the Minister noted that the country has long acted as a quiet yet effective bridge between regions, citing the historic appointment of the first Arab ambassador to the United States in 1844.
Al Yousef highlighted that Oman’s ongoing transformation, powered by Vision 2040 and “Renaissance 2.0,” is focused on building a diversified, future-ready economy. He pointed out that Oman is positioning itself as a leader in the emerging green hydrogen sector, with aspirations to become the world’s sixth-largest producer of green hydrogen by 2030.
The Minister also shared optimistic economic indicators, including a projected GDP growth rate of 3.4% for 2025, surpassing the global average, and an 18% annual growth rate in foreign direct investment (FDI) over the last five years. This upward trend reflects Oman’s growing appeal as a prime investment destination.
Al Yousef attributed Oman’s economic success to its strong governance, transparent policies, and a robust legal system that fosters a supportive environment for the private sector. He also noted the recent upgrade of Oman’s sovereign credit rating to BBB- with a stable outlook by S&P Global, underscoring the international confidence in the country’s economic fundamentals.
A key element of Oman’s investment strategy, the Minister emphasized, is the country’s open trade policies. Al Yousef reaffirmed Oman’s commitment to expanding its international economic partnerships, even in a time when protectionism is on the rise globally. He particularly highlighted Oman’s Free Trade Agreement (FTA) with the United States, offering investors a gateway to one of the world’s largest markets from a strategically located and secure base.
Furthermore, Al Yousef emphasized that the country’s young, dynamic, and globally-minded workforce represents a significant asset for investors seeking long-term growth opportunities. “Our true advantage lies not only in our infrastructure or policies, but in our people,” he concluded, affirming that Oman’s human capital remains one of its strongest advantages in the global investment landscape.
With such a promising outlook, Oman continues to position itself as a reliable, forward-thinking partner for investors looking to navigate the complexities of the modern global economy.
