Oman spurs job growth

The Sultanate tries to create new jobs through cheap business loans and diversification projects. But waning oil reserves means that the government must be cautious about its future spending, writes Bassam Aoun. During his visit to Muscat last month, described by local authorities as “fruitful,” Prince Charles of Wales advocated for a homegrown program that provides low interest loans to Muslim entrepreneurs with innovative ideas for ventures. Additionally, the Prince pledged that the UK would provide broad assistance for Oman in developing its SME sector so that it becomes

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Oman spurs job growth, but mind the oil price