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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