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Risk Management Report: Oman


Risk Management Reports
Issue 984 - 08 Jan 2015 | 1 minute read

POLITICS: Oman has been governed since 1970 by Sultan Qaboos Bin Said Al-Said, the 14th ruler of the Al-Busaidi dynasty, founded in 1750. Having deposed his father, Qaboos relies on a variety of allies typically drawn from the merchant elite, rather than his relatively small family. He was briefly married but has no children or heir apparent; what will happen when he dies is an increasingly pressing concern, as he has been seriously ill since mid- 2014. The downward trend arrow on Oman's political risk grade reflects the potential for instability on his death, not just because of uncertainty over who will succeed, but also because of the likelihood that a change in leadership could open the door to greater public pressure for political reform, especially at a time of economic constraints.

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