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: 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.
Posted: October 11, 2016
UAE. The Middle Eastern property market is on the up, at least in some areas, so this represents a great investment opportunity for savvy property developers looking to make long-term gains.
Posted: October 8, 2016
INTERNATIONAL. The impact of having to write provisions up front will not be that significant because GCC banks are already used to booking general reserves when they extend new loans.
Posted: September 30, 2016
OMAN. However, The Boston Consulting Group study shows that the nation's performance in converting wealth into well-being is below par globally.
Posted: September 19, 2016
OMAN. The scope of work will see Add Energy provide the plant with equipment specific maintenance strategies and procedures, which will enable maintenance execution and planning to be optimised.
Posted: September 16, 2016
UAE. Dubai the most sustainable city in the Middle East, although no GCC city finishes in top half; Study indicates significant disparities across region and all cities struggle with environmental issues.
Posted: August 31, 2016
UAE. In his new role, Shukri will lead the Cisco's business in the UAE, Oman, Pakistan, Afghanistan and Yemen and work closely with partners to support private and public sector customers in their efforts to digitize their operations.
Posted: August 28, 2016
UAE. Entrepreneurs cite personal fulfillment, freedom to choose a work-life balance and the ability to be their own boss, according to Bayt.com and YouGov report.
date:Posted: December 30, 2016
UAE. Booz Allen Hamilton forecasts energy trends in 2017; In the oil and gas industry, as well as in electric power, major internal and external forces are driving change, requiring industry leaders to revisit strategies.