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اقتصاد
Oman Food Security Shield
The Sultanate of Oman is strengthening its food security by expanding domestic production and investment, developing food industries, and harnessing modern technologies to address market and supply disruptions and geopolitical risks. Food security projects attracted investments of around 1.9 billion Omani rials (approximately $5 billion) over the past five years. Since its launch in 2021, the Food Security Lab has helped shape around 490 projects, while its 2024 edition approved 111 projects worth nearly $260 million. Oman is drawing on the diversity of its resources, its strategic location and its ports, while focusing on strategic reserves, diversifying sources of supply, and developing storage, transport and food processing. These efforts come amid risks to navigation in the Strait of Hormuz, where seven incidents involving attacks on ships were recorded during the first five days of November.
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