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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: July 25, 2014
UAE. Royal Decree amending some of the provisions of the Oman Agencies Law comes into force; Marks a significant departure from the regime under the old law.
Posted: July 22, 2014
UAE This article provides an updated summary of the key employment law developments across the GCC; A new Government body known as the Manpower Authority is being created in Kuwait to take over certain functions of the Ministry of Social Affairs and Labour.
Posted: July 21, 2014
UAE. The human factor drives the innovative capacity; The GII 2014 surveys 143 economies around the world, using 81 indicators-to gauge both their innovation capabilities and measurable results.
Posted: July 21, 2014
UAE. GCC IPO volume up 67% in H1 2014; H1 2014 saw the most capital raised and highest volume of IPOs since 2008; "The IPO market is very strong across MENA, particularly among the GCC countries."
Posted: July 15, 2014
UAE. 81% state finding a job is the biggest challenge, with banking and finance being the preferred industry to work in.
Posted: July 3, 2014
OMAN. BP has selected Veolia to design, build and operate a raw water treatment plant for its project to develop the Khazzan gas field, located southwest of Muscat in the Sultanate of Oman.
Posted: July 1, 2014
UAE. 55% claim that important decisions and vital meetings are not postponed till the Holy Month is over, according to the latest Bayt.com "Ramadan in the MENA Workplace" poll.
Posted: July 1, 2014
OMAN. The property consultancy's Muscat Spring 2014 Commercial Market Outlook report indicates a shortage of mid-range hotels to cater for Oman's growing tourism market.
Posted: July 1, 2014
OMAN. Organized by OAPGRC in partnership with Dhofar University and the Indian Ocean Rim Association's Regional Centre for Science and Technology Transfer, the Salalah Declaration aims to enhance regional medicinal plant co-operation through high-profile events and annual joint activities.
Posted: June 15, 2014
OMAN. Tenant demand has improved in line with increased job creation, according to Cluttons' Spring 2014 Residential Market Outlook report.
Posted: June 13, 2014
UAE. New UAE debt issuance and Omani power IPOs' bode well for future pipeline; Saudi consumer and petrochemicals equities continue to offer value; Equity and credit markets propped up by easy ECB money.
Posted: June 11, 2014
UAE. Executive Education programmes with Petroleum Development Oman (PDO) and National Bank of Oman (NBO) will significantly enhance Oman's talent pipeline.
Posted: June 11, 2014
UAE. Fundamental shifts in defence policies around the world are occurring; Other Middle East countries included among the top 50 spenders include the UAE, Oman, Iraq, Kuwait, and Egypt.
Posted: June 7, 2014
OMAN. Oman's strong net external and net government asset positions mitigate the risks to the economy from its high dependence on hydrocarbons; The outlook is stable.
Posted: June 3, 2014
INTERNATIONAL. A fund focused on the six GCC countries will target sale-and-leaseback deals for shopping centers, warehouses and infrastructure such as schools and hospitals.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: July 29, 2014
KUWAIT. US$35.1 billioln of new sukuks issued during 2Q14; GCC primary market account for 26.7% market share or US$17.7 billion of the total global new sukuk issuances in 1H14.
date:Posted: July 28, 2014
INTERNATIONAL. Janet Yellen is very different from any of her predecessors. She is likely the most dovish and politically leftist Fed Chair in the Central Bank's history; She sees the Fed's mission as a tool to promote progressive social policy.
date:Posted: July 28, 2014
QATAR. The potential in Indonesia is enormous and more rapid growth could generate opportunities for a number of foreign companies, says QNB Group report.
INTERNATIONAL. Another sign of deteriorating relations between the United States and Russia; The Cold War treaty, ratified in 1988, was designed to eliminate ground-launched cruise missiles with ranges of 500 to 5,500 km.
INTERNATIONAL. The future will be decided in a race between global advances in demand for resources, complex technology and biotech innovation, and growing sovereign debt.
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