Oman makes notable progress in all global competitiveness indicators
The Sultanate advanced 20 ranks in the Corruption Perceptions Index, securing the 50th position globally among 180 countries.
Oman also climbed over 90 ranks in the Environmental Performance Index, now holding the 55th position worldwide, and improved four ranks in the Network Readiness Index, ranking 50th out of 133 countries.
Additionally, Oman's Economic Freedom Score improved from 62.9 to 65.4 in 2025, classifying its economy as 'moderately free.'
In global governance indices, Oman's Rule of Law indicator reached 70.2 out of 100, Regulatory Quality rose to 66.5 out of 100, and Government Effectiveness improved to 62.2.
Dr. Salem bin Abdullah Al-Sheikh, Director of the National Competitiveness Office at the Ministry of Economy, attributed these achievements to the efforts of national committees and task forces established to monitor these indicators.
He emphasised the contributions of the National Competitiveness Committee and specialised teams working on areas such as innovation, network readiness, environmental performance, and business readiness.
In his statement to the Oman News Agency, Dr.Al-Sheikh noted that these teams have worked diligently to enhance Oman's performance in these areas.
A study on the Corruption Perceptions Index gave recommendations, which were referred to relevant authorities for implementation, leading to noticeable improvements in international indicators.
He highlighted that Oman's progress is driven by overall government performance, the enactment of new laws, governance improvements, and projects initiated by various government bodies.
Efforts by the National Centre for Statistics and Information to provide, improve, and update data with international organisations also played a vital role in improving the status.
Dr. Al-Sheikh added that the collective efforts of the government, private sector, civil society, and the community's response to surveys from international experts have positively reflected on Oman's global rankings.
He reiterated the commitment of the National Competitiveness Committee and Office to further elevate Oman's competitive indicators over the coming years.
The Sultanate aims to enhance its standing in indicators such as innovation, environmental performance, business readiness, and future growth.
Oman is also preparing to be part of the Ease of Doing Business Index in its new format and the Future Growth Index, focusing on internal improvements and a clear vision aligned with international standards.
Dr. Yusuf bin Hamad Al-Balushi, an economic expert and founder of the Smart Gateway for Consultations and Investments, stressed the importance of competitiveness indices as tools to enhance business environments and attract investors.
He noted that these indicators provide a roadmap for policy makers to address challenges and bolster the Sultanate's international reputation, which is crucial for investors and researchers.
He also emphasised that while Oman has achieved significant progress in international indices, there remains room for further improvement to drive transformative changes in the structure of the national economy.
© Muscat Media Group Provided by SyndiGate Media Inc. (Syndigate.info).
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Sharjah 24
9 hours ago
- Sharjah 24
UAE President praises efforts of Pilgrims' Affairs Office in AD meeting
The meeting took place at Qasr Al Bahr in Abu Dhabi. His Highness praised the Office's efforts in delivering comprehensive support to UAE pilgrims, from their arrival at the holy sites to their safe return home. Briefed on initiatives and programmes During the meeting, His Highness was briefed on the initiatives and programmes implemented by the Office to serve pilgrims and ensure their wellbeing while in the Kingdom of Saudi Arabia. He was also updated on the Office's plans to enhance its services and further develop initiatives to better organise and manage the affairs of UAE pilgrims in the coming years. Gratitude His Excellency Dr Omar Habtoor Al Darei, Chairman of the General Authority of Islamic Affairs, Endowments and Zakat, and Head of the UAE Pilgrims' Affairs Office, thanked His Highness for the continuous support and close attention provided throughout the Hajj season. He commended His Highness' directives to facilitate the Office's work and strengthen its ability to serve pilgrims effectively. Dr Al Darei also highlighted the strong collaboration and coordination among national institutions, which played a key role in enhancing the overall experience and services provided to UAE pilgrims. Attendees The meeting was also attended by His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court; His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi; His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler's Representative in Al Dhafra Region; His Highness Sheikh Saif bin Mohammed Al Nahyan; His Highness Sheikh Nahyan bin Zayed Al Nahyan, Chairman of the Board of Trustees of the Zayed Charitable and Humanitarian Foundation; His Highness Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior; His Highness Sheikh Hamed bin Zayed Al Nahyan; His Highness Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs; His Highness Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Development and Fallen Heroes' Affairs; His Highness Sheikh Hamdan bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Special Affairs; His Highness Sheikh Zayed bin Mohamed bin Zayed Al Nahyan; Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence; along a number of sheikhs, officials, guests and citizens.
Gulf Today
11 hours ago
- Gulf Today
Dhs650m development project for Ras Al Khor Wildlife Sanctuary
In line with the directives of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to develop Dubai's natural reserves in alignment with the Dubai 2040 Urban Master Plan, Dubai Municipality has announced the awarding of the contract for the first phase of the Ras Al Khor Wildlife Sanctuary Development Project at a cost of approximately Dhs100 million, with the overall cost across two phases of the project estimated at Dhs650 million. The project aims to enhance biodiversity, preserve the sustainability of natural habitats and reinforce the sanctuary's position as a premier sustainable eco-tourism destination offering a unique and integrated experience that further enriches quality of life for residents and visitors alike. The development aligns with the Dubai Economic Agenda D33, especially its objective of placing Dubai among the world's top three destinations for tourism, with the city's exceptional quality of life and new investment opportunities that promise to boost the sanctuary's direct economic returns offering added impetus for the initiative. The sanctuary has been planned and designed based on the needs of both residents and tourists, aiming to deliver the best recreational and tourism experience that promotes a sense of connect with the environment while preserving the sanctuary's natural elements. The project, which is to be executed in two main phases, will bring about a qualitative shift in environmental sustainability in the emirate. Phase one will cover approximately 6.4 square kilometres of the sanctuary and is expected to be completed by the end of 2026. Dubai Municipality seeks to rehabilitate and improve mangrove habitats by planting new mangroves and increasing mangrove coverage by 60%, from 40 to 65 hectares. This will include the provision of new irrigation channels, rehabilitation of mangrove forests and creating new habitats such as the mangrove lake, North Edge Lake and reed ponds. A Green Spine will also be developed, and post-rehabilitation monitoring will be conducted regularly. Phase one also envisions a 144% increase in water bodies within the reserve, expanding their total area to 74 hectares, helping achieve major environmental benefits such as a 60% increase in carbon dioxide absorption. Additionally, 10 hectares of mudflats (salt flats) will be added, contributing to the sanctuary's ecosystem and biodiversity. Eng. Marwan Ahmed bin Ghalita, Director General of Dubai Municipality, said: 'The Ras Al Khor Wildlife Sanctuary Development Project is one of the most prominent environmental infrastructure initiatives being undertaken by Dubai Municipality. It enhances the appeal of Dubai's nature reserves as unique and diverse destinations, supporting the goals of the eco-tourism sector and reinforcing Dubai's position as the best city in the world to live, work and visit, and a global model for sustainable future cities.' He added: 'With its unique design, the project marks a major milestone in the development and preservation of natural reserves. It reflects Dubai Municipality's commitment to protecting biodiversity and natural habitats through innovative practices that support sustainable growth and ecological balance. This project is part of our broader effort to make Dubai a leading global, attractive, sustainable and high-quality city through the initiatives and services we offer to the community.' Bader Anwahi, CEO of the Public Facilities Agency at Dubai Municipality, said: 'The project, which Dubai Municipality is implementing in two main phases, will lead to significant environmental advancements that enhance sustainability and preserve natural habitats across the emirate. It also aims to achieve a range of social goals, most notably raising environmental awareness among the community about biodiversity issues, supporting the strategic objectives of Dubai and the UAE for eco-tourism, and creating investment opportunities and environmentally themed tourist destinations. Upon completion, the project is expected to multiply the number of visitors to the sanctuary six-fold, reaching between 250,000 and 300,000 annually.' This will support the hosting of various events and activities within a total area of 20,000 square metres, taking into account the specific requirements of the ecosystem.
Sharjah 24
11 hours ago
- Sharjah 24
Presidents of UAE, Republic of Korea discuss strategic partnership
Discussed ways to enhance cooperation The two leaders discussed ways to enhance cooperation across various fields, particularly in the areas of economy, investment, energy, education, defense, technology, and sustainability. The discussions took place as part of the special strategic partnership between the UAE and Republic of Korea, reflecting the two countries' shared interests and development-focused ambitions for the present and future. Congratulation During the call, His Highness congratulated His Excellency Lee Jae-myung on assuming office, wishing him success in leading his country towards further progress and growth. His Highness also expressed his keenness to work closely with His Excellency Lee Jae-myung to continue strengthening UAE-Korea relations and advancing the objectives of their special strategic partnership in support of joint development and the prosperity of both nations and their peoples. Addressed a range of regional and international issues of mutual concern The call also addressed a range of regional and international issues of mutual concern, with a focus on the importance of supporting efforts to promote peace, stability, and development in the Middle East for the benefit of all its peoples. His Excellency Lee Jae-myung thanked His Highness Sheikh Mohamed bin Zayed Al Nahyan for his warm congratulations and sincere sentiments towards the Republic of Korea and its people, reaffirming his commitment to bolstering bilateral ties and expanding opportunities for cooperation between the two nations.
