A specialised fund launched by the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) worth AED 600 million has been announced as part...
Financially motivated attacks accounted for 85% of all cyberattacks in 2018, according to Secureworks’ 2019 Incident Response Insight Report. The report, which brings together the findings...
Manufacturing is one of the vital sectors identified by the government of Oman as part of its economic diversification strategy 2040. The push to increase manufacturing...
(Bloomberg) — Mubadala Investment Co., an investor in SoftBank Group Corp.’s technology fund, spent about $19 billion last year as the Abu Dhabi wealth fund expanded into...
(Bloomberg) — Kuwait’s budget deficit narrowed to 3.35 billion dinars ($11 billion) in the last fiscal year, down 31% from a year earlier on higher-than-anticipated crude prices...
(Bloomberg) — Etihad Airways may be cutting routes and slashing jet orders after racking up billions of dollars in losses, but one market at least is providing...
A policy that began in 1988, Omanisation initiative has been on the rise in recent years. Omanisation’s objective, since inception, was to lessen the Sultanate’s reliance...
The banking sector is going on phenomenal change, giving banks and financial institutions an opportunity to relook at its business models and launch new, innovative and...
Oman’s banking sector remained strong while supporting the growth of diversified economic activities in the Sultanate in 2018. The credit extended by ODCs (conventional and Islamic...
One year ago, the Ministry of Health (MOH) embarked on the search for the best private health establishments in the country. A series of strict criteria...