Tag: Oman chamber of Commerce and Industry

The Unlikely Star of Oman’s Diversification: How Farmers and Fishermen Outperformed Industry

In 2025, Oman’s fastest-growing non-oil sector was not technology, energy, or manufacturing. It was agriculture and fisheries. New GDP data reveals how modern logistics, processing, and SME integration have turned food production into one of the country’s most reliable engines of economic growth, challenging long-held assumptions about diversification priorities.

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Business Growth Strategies for SMEs in Oman

Oman’s economic landscape is undergoing a profound transformation, driven by a strategic vision to diversify beyond its traditional hydrocarbon reliance.

At the heart of this ambitious agenda, encapsulated within Oman Vision 2040, lies the Small and Medium-sized Enterprise (SME) sector. These enterprises are not merely supplementary; they are recognized as a fundamental pillar for fostering economic diversification, stimulating innovation, generating employment opportunities, and advancing technological development across the Sultanate.

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