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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 26, 2016
OMAN. The decline in oil prices will have a significant impact on Oman's economic and fiscal indicators given its high dependence on oil. S&P now forecast that GDP per capita will fall to US$14,600 in 2016
Posted: February 10, 2016
UAE. Low oil prices will constrain the amount of funding available to Gulf sovereigns and banks to support the region's substantial infrastructure bill in coming years; S&P projects a gap as large as $270 billion through 2019 between capital spending for projects and project contracts awarded.
Posted: February 9, 2016
UAE. The YPO Global Pulse Confidence Index for the Middle East and North Africa declined for the fifth consecutive quarter, falling nearly one point to 56.4, below the global confidence level of 58.0; Economic confidence in the UAE fell 7.2 points to 50.3, its lowest score in the six-year history of the index.
Posted: February 9, 2016
OMAN. "Led by the Oman government, more Oman based companies have taken advantage of bond/sukuk markets to extend their liability profiles and diversify their investor bases."
Posted: February 3, 2016
OMAN. The contract aligns with PDO's "In County Value" initiative to promote local manufacturing; Integrated approach by PDO on Reciprocating Rod Pump equipment & service will enhance operational efficiency.
Posted: January 29, 2016
OMAN. Qualifying Round of world's most famous sailing competition to take place from 27-28 Feb. in Oman.
Posted: January 26, 2016
OMAN. How marine debris finds its way into our oceans, beaches and food chain will be the topic for discussion at Wednesday's Science Café to be held at the Sunisilah Fort in Sur.
Posted: January 20, 2016
OMAN. A film initiative designed to help increase inward investment and promote Oman's non-oil exports was unveiled by Ithraa.
Posted: January 19, 2016
UAE. Nine of the 13 MENA sovereigns are investment grade; Egypt, Iraq, Jordan, and Lebanon are speculative grade; Oman and Saudi Arabia ratings lowered on the sharp deterioration in their fiscal deficits; GCC members to maintain their exchange rate pegs to the US dollar over the medium term.
Posted: January 19, 2016
OMAN. "For a country as reliant on hydrocarbon income as Oman, the continuing slide in crude prices is driving the need for additional income streams."
Posted: December 19, 2015
OMAN. "Being recognised for four years in a row by our clients demonstrates our clear ability to support their trading requirements locally and internationally."
Posted: December 12, 2015
OMAN. David Bloom, Global Head of Foreign Exchange Strategy, and Simon Williams, Chief Economist, CEEMEA, discussed the most important trends shaping the Middle East's economies.
Posted: December 8, 2015
UAE. Agreements were reached in recent days by members of the GCC on certain design aspects of the VAT systems that are expected to be implemented around the region; The big question now is "when" not "if" VAT will be implemented, and, importantly, by which country (or countries) first.
Posted: December 7, 2015
UAE. Leading firms adopting CR reporting standards; The UAE vision continues to be a good sustainability framework to follow, finds KPMG report.
Posted: December 7, 2015
UAE. Sage to host luncheon discussion on trends in innovative and smart technologies.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: July 27, 2016
INTERNATIONAL. The specific technologies that will have the biggest impact on each industry will vary, but PwC analysis identifies the "Essential Eight" which will have the most cross-industry and global impact over the coming years.
date:Posted: July 27, 2016
UAE. You can break security analytics in threat management into discovery analytics -right brain and investigative analytics -left brain - the fundamental pillars in a cyber security framework.
date:Posted: July 27, 2016
UAE. "The strong US dollar is one of the biggest barriers to a Dubai real estate recovery now. Unfortunately, a strong dollar also is usually associated with a low oil price, signifying a double hit to the market."
INTERNATIONAL. The specific technologies that will have the biggest impact on each industry will vary, but PwC analysis identifies the "Essential Eight" which will have the most cross-industry and global impact over the coming years.
INTERNATIONAL. As smart devices are becoming autonomous, chief information security officers are being required to adopt new mechanisms and approaches to trust.
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