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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: May 16, 2018
UAE. Steady recovery of oil prices and the prospect of public and private-sector investment provide grounds for cautious optimism, says study by global professional services firm, Turner & Townsend.
Posted: May 11, 2018
OMAN. The number of urban construction projects Oman reached 1,840, worth US$61 billion in April 2018, BNC report reveals.
Posted: May 4, 2018
UAE. Banks' asset growth remains robust at 4.4%; Overall net profit increased 6.7% year-on-year; Non-performing loan (NPL) ratio for the GCC banking sector reduced by 0.3% to 3.2%.
Posted: April 30, 2018
UAE. Al Masah Capital Weekly Report's expectations for this week: A range bound trading activity, with investors monitoring the release of 1Q earnings.
Posted: April 23, 2018
OMAN. Money prizes exceed US$160,000 USD in cash; Final Award ceremony held in Oman, April 19, 2018.
Posted: April 20, 2018
OMAN. Cisco is supporting Oman's digital transformation; Experts to highlight how to "Unlock the Value of Data with Cisco IoT" at the Smart Cities and Industry 4.0 Summit.
Posted: April 16, 2018
OMAN. The 4IR issues - AI, robotics, blochchain, IoT, driverless cars, 3D printing etc. - are set for discussion at the opening session of Ithraa's Inside Stories 2018 season.
Posted: April 13, 2018
LEBANON. 80 semi-finalists from 14 countries competing for US$160,000 in cash prizes for top nine.
Posted: April 9, 2018
UAE. Despite low revenue growth of 2.3 % in 2017 from about 3 percentage points in 2016, GCC banks achieved 6% profit growth due to declining LLPs and cost reductions, BCG's annual banking performance study revealed.
Posted: March 27, 2018
UAE. Most regional indices ended the down with Oman leading the pack, -2.0%, followed by Bahrain, -1.6% and Dubai, -1.5%.
Posted: March 19, 2018
UAE. Geopolitical tensions and trade tariffs were the main focus last week, with investors being cautious on news the US may impose tariffs on Chinese imports.
Posted: March 19, 2018
UAE. Total of 94 projects competing for honours in 16 different categories.
Posted: March 18, 2018
UAE. UAE leads the MENA IPO value with US$2.2 billion in Q4 2017, raising the highest value since 2014; More regional energy companies to go public in 2018 and beyond.
Posted: March 10, 2018
OMAN. Omantel Wholesale is the first connectivity partner in the Gulf to offer ultra-low latency networking to DE-CIX Internet Exchanges in Europe and the US.
Posted: March 4, 2018
UAE. Q4 2017 witnessed eight IPOs in the GCC compared to five in Q3 2017; Total number of GCC IPOs increased significantly in 2017 with 28 offerings, compared to four in 2016; Q4 2017 was a strong quarter for debt issuers in the GCC; US$12.5 billion worth of bonds issued in Q4 in Saudi Arabia.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 22, 2018
UAE. Cyber-criminals are turning their attention to the supply chain as a new means to exploit business data.
date:Posted: May 21, 2018
UAE. A new defence is being developed that will allow companies to tackle the latest threats as soon as they appear on the network; Machine learning enables AI to detect patterns in all sorts of data sources and create behaviours based on recognized patterns.
date:Posted: May 17, 2018
UAE. The report states that 50% of SME funding applications are rejected by banks and that alternative trade finance, powered by FinTech and Blockchain, is on the rise.
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