Sunday 04 / October / 2026
Muscat: The Ministry of Economy on Sunday held a meeting with a delegation from the World Bank Group to discuss opportunities for promoting technical cooperation and exchanging expertise in the field of the circular economy. The World Bank Group’s delegation is currently on a technical visit to the Sultanate of Oman.
During the meeting, the Ministry reviewed key outcomes of the Sultanate’s national circular economy project. The Ministry pointed out that the outcomes of the project included identifying the circular economy gap, setting a national baseline and devising a roadmap for priority policies—with the prime objective of realising the goals of Oman Vision 2040 and bolstering pathways for economic diversification and sustainability.
The two sides also discussed future areas of cooperation, including measuring progress envisaged to be made in implementing circular economy practices, leveraging international experiences and benchmarks, analysing the opportunities and challenges associated with the application of the relevant policy and studying the impact of the same on the competitiveness of economic sectors in the Sultanate of Oman.
