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Oman

FEATURED REPORT...
Posted: 25-07-2011
UAE. The Islamic finance industry is pegged to grow at 15%-20% per year. 63% of Islamic finance institutions are in the Middle East, controlling more than 50% of Islamic banking assets. These statistics were discussed at the recently concluded first ever Oman Islamic Banking Conference. “Oman’s move to Islamic finance comes at just the right time as ethical finance gains a foothold around the world. The speakers illuminated a number of key aspects of the industry and question time after each presentation was lively as delegates delved deeper into the topic. We are proud to be supporting
Posted: April 24, 2017
UAE. Installed generation capacity in the MENA countries analysed will have to rise by almost 150GW, more than 50% on the current available capacity of 290GW, to reach a massive 440GW by 2020.
Posted: April 24, 2017
UAE. Number of active hospitality projects reached 1,153 as 62 projects with a combined value of US$2.5 billion were added to the list in the first quarter of 2017, according to BNC Network; GCC hospitality sector constitutes 7% of all active projects in the GCC.
Posted: March 31, 2017
UAE. In terms of value, rail represents US$190.4 billion or 50% of the total value of projects, followed by road construction (US$121.4 billion).
Posted: March 29, 2017
UAE. A recent study by The Boston Consulting Group found that, in 2016, GCC banks' revenues grew by 5.2%, down about 2 percentage points from 2015; The impact of the decline in oil prices has hit the banking industry; Profits declined by 3.2% for the first time since 2008.
Posted: March 27, 2017
UAE. Al Masah Capital Report: Dubai was the worst performer last week down by 1.7% followed by Saudi Arabia and Oman each heading south by 0.6%.
Posted: March 22, 2017
UAE. Each Masterclass will focus on a different subject linked to the world of business and will be led by a leading academic thinker, consultant or business leader in the field.
Posted: February 23, 2017
UAE. New MEED Insight report shows how lower oil prices have reshaped Middle East investment strategies in oil, gas and petrochemicals projects.
Posted: December 14, 2016
OMAN. Ahmed also leads "Mustaqbaly" the firm's Omani recruitment, training and development program, now in its second year.
Posted: December 12, 2016
UAE. A combination of GCC governments healthcare expenditure and participation of private players, leads the industry towards a rapidly growing market sector.
Posted: December 1, 2016
OMAN. Company expanded its waste management services in Oman with two new contract wins for waste collection and landfilling services in Al Dhakhiliya and Dhofar regions.
Posted: November 29, 2016
OMAN. Ministry of Tourism, Oman fully committed towards enhancing MICE sector - a major pillar in the Tourism Strategy for 2040.
Posted: November 29, 2016
UAE. The deployment of the industry leading payment terminal from Ingenico provides the Bank with multiple benefits.
Posted: November 22, 2016
OMAN. Partnership is part of Omantel's strategy to support the growth of connected and knowledge-based economy in Oman; HCL Infosystems to deliver IoT and M2M services.
Posted: November 21, 2016
OMAN. 50% room supply increase in four and five-star hotels expected in the next two years; Average residential rental rates down by a further 2.3% in Q3.
Posted: October 27, 2016
OMAN. In starting a business index, the Sultanate scored 1st amongst the Arab countries and 32nd globally, advancing by 127 points compared to the previous report.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 27, 2017
INTERNATIONAL. If history shows us that science has spawned so many unintended discoveries, what is around the next corner of unintended scientific breakthroughs?
date:Posted: April 27, 2017
SAUDI ARABIA. Increase in foreign direct investment seen as part of efforts to diversify the economy and boost investment inflows into the kingdom; National Transformation Programme updates to be revealed at Saudi Forum 2017.
date:Posted: April 26, 2017
UAE. New PwC report finds an increasing need for mid-market accommodations to cater to a younger generation that does not put much emphasis on star ratings; Emerging markets will overtake developed markets as a tourism and hospitality destination but also as key provider of customers.
SAUDI ARABIA. Increase in foreign direct investment seen as part of efforts to diversify the economy and boost investment inflows into the kingdom; National Transformation Programme updates to be revealed at Saudi Forum 2017.
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