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Oman highlights free zone strategy at Panama forum

May 16, 2026·Oman ObserverEconomy

Disclaimer

This news item is AI-rewritten from public sources for GCC context. For informational purposes only. Not investment advice, a solicitation, or a recommendation. Consult a licensed financial advisor before making any investment decision.

GCC CONTEXT

Oman's promotion of its free zone framework at international forums reflects the Sultanate's broader economic diversification strategy, which has historically centered on port infrastructure and logistics hubs as alternatives to hydrocarbon revenues—a structural pattern common across GCC economies seeking to reduce oil dependency. Free zones in the Gulf region typically anchor foreign direct investment flows, trade facilitation, and manufacturing clusters, with Oman's positioning at the intersection of Asian and African trade corridors giving its zones distinct geographic leverage compared to other GCC competitors. Such visibility at global trade platforms underscores the region's recalibration toward services, re-export, and value-added sectors, a macroeconomic shift that has gradually in

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