Post the pandemic, Oman will remain a very important market for U.S. and UK aerospace and energy firms. In a Client Alert, Sarah Keeling explains how robust due diligence and controls can help investors limit their risk exposure and realize full benefits from promising investment opportunities in Oman.
The current COVID-19 crisis will continue to have a devastating impact on the global economy and, in particular in Oman, on the oil, aerospace and defense sectors. While Oman appears to be successfully containing the spread of COVID-19, its economy will need a speedy revival of the oil sector, which has been seriously impacted by a record cut in output to prop up oil prices amid the coronavirus pandemic.
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