MUSCAT – Supporting Oman’s economic diversification agenda by connecting businesses and investors with emerging opportunities, reinforcing role of the private sector, particularly SMEs, in driving long-term economic growth, Oman Arab Bank, alongwith KPMG, organized an awareness session, focusing on key priorities and implications of Oman’s state budget 2026.
Designed specifically for OAB’s corporate clients, the session provided practical insights into fiscal direction, economic priorities, and the potential impact on Oman’s business environment. Participants also benefited from forward-looking economic and financial perspectives, supporting informed planning and strategic decision-making.
During the session, KPMG, a global leader in financial and economic advisory services, presented an overview of the state budget, highlighting key trends and developments relevant to businesses and investors. The presentation outlined improvements in Oman’s economic indicators, including sustained growth momentum, reduced public debt levels, and strengthened credit ratings, reflecting continued fiscal discipline and reform.
The analysis also emphasized, government’s focus on economic diversification and private sector participation, with particular attention to sustainability-driven initiatives such as green hydrogen. In addition, several sectors are expected to benefit from increased public spending, local content initiatives, and the implementation of strategic national projects, creating opportunities across a range of industries.
Commenting on the session, Sulaiman Al Hinai, Chief Wholesale Banking Officer, said, “This session reflects OAB’s commitment to supporting our corporate clients with timely insights that help them navigate economic developments and identify opportunities for sustainable growth. By fostering informed dialogue, we aim to support our clients in making confident and forward-looking business decisions.”
The session featured active discussion and exchange between business leaders, industry experts, and financial professionals, creating a platform for dialogue around opportunities emerging from the 2026 budget.
0 Comments