Featured
UAE Banks’ Bad Loans at Five-Year High as Property Slumps
(Bloomberg) –United Arab Emirates banks’ bad-loan ratio climbed to the highest level in more than five years as falling property prices and a sluggish economy took their toll on businesses.
That’s prompted some lenders in the second-biggest Arab economy to ease payment terms by extending loan maturities and lowering interest rate.
The ratio, which hit 6.4% at the end of September, compares with 1.7% in Saudi Arabia and 1.9% in Qatar at the end of June, according to data compiled by Bloomberg Intelligence.
Oman’s Trade Balance Surplus Exceeds RO 2.4 Billion
Foundation Stone Laid for RO 80 Million Tourism Complex in Salalah
SOHAR Port and Freezone Signs MoU to Develop Natural Hydrogen Value Chain in Oman
OER, July 25
Al-Iktisaad, July 25
SafaQat Platform Attracts National Investment to Boost Digital Transformation
Future Fund Oman Approves Projects worth RO1.2 Billion
Foreign Direct Investment in Oman Surpasses RO30 Billion
Workshop Highlights Oman’s Circular Economy Gap Calculation Project
LuLu Exchange & LuLu Money Partner with the Argentine Football Association
Power And Beyond: The Path To A Low-carbon Future
Time to Buy Saudi Stocks? Some Investors Look at Dubai Instead
Al Mouj Muscat unveils Ghadeer Villas
Renewables are booming, but not fast enough to cap greenhouse emissions
Retail Abu Dhabi’s ‘Unbox Amazing’ generates sales of more than AED 2 billion in participating stores
Hospitality Industry in Oman Estimated 90% Growth in 2022
Saudis Sign Deals From Energy to Metals in Bid to Salvage Forum
Saudi Arabia’s Gold Miner Plans to Be a Global Top-20 Supplier
Technology to drive Sultanate’s downstream industry
Digitization and Logistics Service Providers Can Help SMEs Make the Most of Peak Season Retail Trends
The Future of Oman: Decoding The Sultanate of Oman’s Strategic Promotional Nation Brand
EXCLUSIVE: AI, Robotics & Wearable Sensors are Changing the Lives of Dementia Patients
EXCLUSIVE: Talking Renewable Projects & Sustainability in Oman and Beyond with Vipul Tuli
VIDEO: Eng. Salim Al Thuhli, CEO, Khazaen Economic City on Investment Opportunities
H.E. Salim Al Aufi, Minister of Energy & Minerals talks about Oman’s Green Hydrogen Goals
VIDEO: Talking Latest Developments in Aircraft Ground Guidance & More at Oman Airports
VIDEO: Dr. Firas Al-Abduwani Discusses Green Hydrogen, Potential Regions for Development & Creating a Green Ecosystem
VIDEO: Discussing The Future of Green Hydrogen in Oman with H.E. Salim Al Aufi
Celebrating Infoline’s Remarkable 20-Year Journey
OQ Gas Networks S.A.O.G Announces Intention To Float on the Muscat Stock Exchange
-
Banking & Finance1 month agoOman Arab Bank Announces Increase of Authorised Capital to RO500mn and Paid‑In Capital Boost of RO50mn
-
Bahrain1 month agoSPIEF 2025 focused on global and regional economic processes, market transformation, new tech, investment climate, financial policy and people
-
Banking & Finance2 months agoCentral Bank of Oman Issues Regulatory Framework for Digital Banks
-
Banking & Finance4 weeks agoNational Finance Reinforces Position as Partner for Growth, Offers a Comprehensive Product Suite to Support Customer Ambitions
-
Energy1 month agoRussian Energy Week from October 15-17, 2025 offers alternative formats of cooperation
-
OER Magazines1 month agoOER, June 25
-
Banking & Finance2 months agoThe Future of the International Financial System to be discussed at SPIEF 2025
-
Retail2 months agoAll services are moving toward personalisation says Tatyana Kim, Founder of Wildberries and Head of RWB