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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: February 11, 2015
OMAN. The decline in oil prices has a significant impact on the outlook for Oman's fiscal and external positions, given its high dependence on oil, according to S&P.
Posted: February 10, 2015
UAE. Rapidly growing populations and per capita incomes, rising life expectancies, a high incidence of lifestyle-related diseases, and ambitious medical infrastructure projects are driving health care industry growth in the Gulf Cooperation Council states, says new Deloitte healthcare report.
Posted: January 23, 2015
OMAN. In the next meeting of its popular Science Café series, the Oman Animal and Plant Genetic Resources Center (OAPGRC) will be diving into the topic of Oman's marine life, the threats it faces and its growing economic importance.
Posted: January 21, 2015
UAE. Strong growth momentum in GCC countries continues, economic recovery in oil importers is on track; Oil exporters diversified their economies, but still heavily dependent on hydrocarbon sector in terms of budget and export revenues; Oil importers face higher risks of geopolitical tensions.
Posted: January 20, 2015
OMAN. The government's announcement to investigate the possible introduction of a tram service across Muscat is the first sign of a long awaited public transportation infrastructure plan.
Posted: January 20, 2015
UAE. 61% feel they deserve to work in a higher level position, and 50% state that a key reason for seeking employment is to be financially independent.
Posted: January 15, 2015
UAE. In the GCC, the UAE, Qatar and Oman saw increases in ranking from 2013 to 2014. The UAE (77) increased from 56th to 55th position, Qatar (75) increased from 57th to 56th position, and Oman (66) increased from 65th to 64th position.
Posted: January 5, 2015
OMAN. Muriya, Oman's leading tourism development company, recently opened a floating fuel station at Jebel Sifah designed to provide a refuelling location for boats and yachts.
Posted: December 16, 2014
OMAN. With oil prices at a five-year low, Oman's budget, in line with that of other major oil producers in the region, looks set to be tipped into the red next year for the first time since 2009.
Posted: December 16, 2014
UAE. 49% believe women and men are treated equally in the workplace, according to "Status of Working Women in the Middle East" survey by Bayt.com and YouGov.
Posted: December 11, 2014
UAE. Dubai stocks dropped the most since October 2008 and equity markets across the oil-producing Gulf Cooperation Council tumbled after OPEC reduced its estimate for crude demand in 2015.
Posted: December 10, 2014
UAE. 'BBB+/A-2' ratings affirmed; The rating action follows the revision of S&P's outlook on the Sultanate of Oman to negative on Dec. 5, 2014.
Posted: December 8, 2014
UAE. Opportunities in Saudi Arabia starting to align with improving sentiment around ease of doing business; Increasing confidence in the Omani market; Transport remains strongest sector for construction opportunities.
Posted: December 6, 2014
INTERNATIONAL. The ratings agency affirmed the strong "AA-/A-1+" credit ratings for Riyadh over the "strong external and fiscal positions" it has built up in the past decade when oil prices were too high.
Posted: December 4, 2014
BAHRAIN. Thomson Reuters announces 2015 findings of Annual Sukuk Perceptions and Forecast Report at WIBC 2014; Survey of 44 lead arrangers and 106 investors reveal most expect a boost in sukuk issuance in 2015, to be between US$150 billion and US$174.9 billion.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 21, 2015
UAE. 39% of Arab youth agree it will never work, 36% think it could work while the remaining 25% are unsure, according to the 7th Annual ASDA'A Burson-Marsteller Arab Youth Survey.
date:Posted: April 21, 2015
UAE. Less than 0.15% of the dividends of GCC-listed companies and 0.59% of those of the UAE's dividends invested in tech start-ups vs. 5% in the USA; UAE invests 4x more of its public companies' dividends in tech start-ups.
date:Posted: April 21, 2015
UAE. Leading property recruitment specialist releases eighth edition of the "Middle East Rewards and Attitudes Survey"; 55% of respondents anticipating an improvement in economic activity.
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