Publication: State-Owned Enterprises (SOES) in Oman: Review of SOE Governance Practices
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2024-11-08
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2024-11-08
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This report is part of a World Bank review of State-owned Enterprise (SOE) governance practices in Middle East and North Africa (MENA) countries. The review is responding to the scarcity of data about such practices in the MENA region. It initially covers six countries, including: Djibouti, Egypt, Jordan, Morocco, Oman, and Tunisia. The objective of the reviews is to develop and disseminate knowledge about SOE governance in the interests of promoting continued SOE reforms in the region. This report provides an overview of the SOE landscape and history in Oman, followed by a review of key dimensions of SOE governance practices. This includes a review of the following dimensions: (i) The legal and regulatory frameworks for SOEs; (ii) State ownership arrangements; (iii) Performance management frameworks; (iv) SOE board structures and functioning; (v) Transparency and disclosure practices; (vi) Procurement policies and practices; and (vii) Climate reporting practices. The framework for the review is based on the Organisation for Economic Cooperation and Development (OECD) Guidelines for SOE Corporate Governance and the World Bank’s Integrated SOE Framework (iSOEF).
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“World Bank. 2024. State-Owned Enterprises (SOES) in Oman: Review of SOE Governance Practices. © World Bank. http://hdl.handle.net/10986/42387 License: CC BY-NC 3.0 IGO.”
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