Oman: Balancing all sides (and the books) during a difficult period


Risk Management
Issue 1043 - 09 Sep 2017 | 4 minute read

Politics: Sultan Qaboos Bin Said Al-Said is the 14th ruler of the Al-Busaidi dynasty (founded in 1750) and the monumental figure in modern Oman. Having deposed his father in 1970, Qaboos relies on allies typically drawn from the merchant elite, rather than his relatively small family. In a highly centralised power structure, Qaboos remains premier, defence, finance and foreign minister, Central Bank of Oman chair and armed forces commander-in-chief. He was briefly married but has no children or heir apparent.

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