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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 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.
Posted: December 6, 2015
QATAR. Expats in the Middle East enjoy the greatest standard of living globally; Oman, the United States, China and Switzerland also perform strongly for expat personal finances.
Posted: November 21, 2015
OMAN. S&P affirms short-term rating at 'A-2'; Ratings agency projects that a period of sustained low oil prices will impair Oman's fiscal and external balances more than it had previously expected; Oman's trend growth in real per capita GDP will remain materially below that of peers.
Posted: November 18, 2015
OMAN. Key influencers hosted at event highlighting how the audit environment is set to change in Oman to meet the evolving needs of the economy and further promote Omanisation and better understanding of global trends.
Posted: November 11, 2015
OMAN. Rents for higher quality residential stock holding steady; Rising level of poorer quality stocks caused rents to dip by 4.7% in Q3; Office market remains steady amid undertone of nervousness.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: February 8, 2016
UAE. KPMG's inaugural "Variables for Sustained Growth" (VSG) Index tracks some of the most important factors that support economic performance in 181 countries; UAE ranks 24 based on metrics including infrastructure development, education and strength of public institutions.
date:Posted: February 8, 2016
UAE. On a city wide basis, capital appreciation since 2009 has been a mere 16%, whereas the total returns including rent during the same period have been close to 70%.
date:Posted: February 7, 2016
UAE. The markets are looking for help as the US economy joins the pack with weaker than expected growth; Dollar weakness provides relief for Asia.
UAE. KPMG's inaugural "Variables for Sustained Growth" (VSG) Index tracks some of the most important factors that support economic performance in 181 countries; UAE ranks 24 based on metrics including infrastructure development, education and strength of public institutions.
INTERNATIONAL. "It's going to come to a point where there is just going to be no real economical benefit to any kind of production staying at any kind of level in those countries. And once they come off, that's going to obviously support oil prices."
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