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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: February 14, 2014
KUWAIT. The overall economic outlook for the GCC remains positive supported by a resilient oil sector, large infrastructure projects, stimulus measures and accommodative monetary policy.
Posted: February 7, 2014
OMAN. By circumventing the Strait of Hormuz the railway would dilute the impact of further closure threats to a waterway through which some 20% of crude supplies pass to reach global markets.
Posted: February 4, 2014
UAE. A strong emphasis across the GCC on eliminating illegal working, promoting the employment of nationals and regulating the provision of employee benefits such as health insurance are set to continue into 2014.
Posted: January 20, 2014
UAE. Dubai's overall average occupancy decreased by 5.1% in November 2013, however, ADR increased by 5.6%, according to "EY Middle East Hotel Benchmark Survey."
Posted: January 7, 2014
OMAN. With worldwide energy consumption projected to surge by approximately 50% in just two decades, there has been growing urgency for unconventional solutions in the gas sector
Posted: December 12, 2013
OMAN. Annual HSBC Middle East Economist Roadshow in Oman saw seasoned HSBC experts, David Bloom and Simon Williams discuss the most important global and regional economic trends to watch in 2014.
Posted: December 11, 2013
UAE. New research from professional services company, Towers Watson, reveals that employees in the UAE can expect average pay increases of 5% in 2014.
Posted: December 8, 2013
UAE. "As these countries have implemented new tax regimes and expanded their commercial laws relating to inward investment in recent years, businesses will be taking a closer look at where they can capitalize on these changes."
Posted: December 2, 2013
OMAN. Zarif's remarks came during a stopover in Muscat as part of a tour he began in Kuwait aimed at assuring Gulf Arab states that a deal Tehran secured with the West on its nuclear programme is in their interest.
Posted: December 2, 2013
OMAN. "Successful cities of the future will be those that engender an environment of creativity and innovation."
Posted: December 1, 2013
IRAN. The official IRNA news agency said Zarif would attend an economic meeting in Kuwait and hold talks with officials on "bilateral relations, regional and international developments".
Posted: December 1, 2013
OMAN. Euromoney's 13th Annual Cash Management Survey ranks the world's best providers of cash management services.
Posted: November 29, 2013
OMAN. Sultanate's economic growth seen at 3.5% for 2014; The government has earmarked tourism as one of the key sectors to drive its economic diversification strategy; Oil & gas revenues have peaked.
Posted: November 25, 2013
OMAN. Economic freedom is at the very heart of Oman's efforts to drive sustained prosperity, says Oman's PAIPED.
Posted: November 21, 2013
OMAN. The conference invites experts in the fields of economic freedom and market reform to join entrepreneurs and senior members of free market economic think tanks in the Arab world.


date:Posted: April 19, 2014
UAE. Key sectors driving growth in the housing market are the tourism, hospitality, education and healthcare sectors, which is translating into robust population growth and demand.
date:Posted: April 17, 2014
KUWAIT. According to a newly released report by Kuwait Finance House Research, the global sukuk market saw a modest volume of US$31.14 billion in new sukuk issuances in 1Q2014. This volume represents a drop of 9.82% compared to US$34.53 billion worth of issuances in 1Q13.
date:Posted: April 16, 2014
INTERNATIONAL. The WGC pointed out that the Chinese bank savings amount to US$7.5 trillion but only about US$300 billionn is allocated to gold, signifying the potential for gold demand to grow as Chinese wealth climbs.
INTERNATIONAL. It's now up to the new government to get real shale development in motion, and for Turkey to face up to its own strategic realities and join forces with Ukraine to harness LNG potential.