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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: March 1, 2015
UAE. Residential (US$28bn), Commercial (US$11.46bn) and Education (US$7.13bn) were the leading sectors; Initial market indicators suggest sustained growth in 2015 with an estimated 21% increase in construction projects awarded across the GCC.
Posted: February 28, 2015
UAE. In S&P's view, the sharp drop in oil prices since mid-2014 is likely to lead to weakening economic, external, and fiscal profiles for the region, particularly for the GCC.
Posted: February 20, 2015
UAE. ATM kicks off its annual four- city regional roadshow in Muscat as key Omani stakeholders prepare to showcase latest tourism projects.
Posted: February 19, 2015
UAE. Sherpa Kids International - a company that runs before and after school clubs and holidays activities for primary school-aged children - is launching its wide-ranging programme of activities in the Middle East.
Posted: February 17, 2015
UAE. In 2015 the majority of businesses expect to increase salaries by a maximum of 5%; Working professionals believe their monthly salaries will jump by over 10% this year, according to the Hays GCC 2015 Salary & Employment report, just published.
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.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 22, 2015
INTERNATIONAL. The minutes basically unofficially confirmed that there are only the slimmest of chances for a US interest rate increase next month.
date:Posted: May 21, 2015
UAE. New study conducted by YouGov and commissioned by the social enterprise C3 reveals the impact of CSR programs on UAE residents; Around three-quarters of residents are more likely to purchase from companies that actively contribute to the community.
date:Posted: May 20, 2015
UAE. According to a new report by The Boston Consulting Group, 33% of consumers would rather accept a 20% reduction in salary than give up their mobile phone; SME mobile leaders in emerging markets are leapfrogging older generations of technology still widely used in developed markets.
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