(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...
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...
(Bloomberg) — The number of financial companies operating in the Dubai International Financial Centre rose 11% during the first half, even as a slowing global economy forced...
Total investments in Madayn’s various industrial cities increased by 3.63% in 2018 compared to the same period in 2017, while the cumulative value of investments touched...
While the Sultanate is fast at addressing its economic diversification agenda under the Tanfeedh program, the looming issue of an oversaturated Omani market does not lie...
(Bloomberg) — Abu Dhabi commuters have to add one more item to their expense list, as the oil-rich emirate follows its neighbor Dubai by introducing an electronic...
(Bloomberg) — Incoming Prime Minister Boris Johnson has 100 days to deliver on his promise of leading the U.K. out of the European Union. The Brexit deal...
The who’s who of the business community in Oman extended their good wishes to His Majesty Sultan Qaboos bin Said on the occasion of the 49th...
United Media Services (UMS) has published the 25th edition of its annual bilingual publication, Progress (Al Takkadum) 2019-2020, saluting His Majesty Sultan Qaboos Bin Said on...
Oman’s heavy reliance on the oil and gas sector for its economy might dissuade soon. As part of its Tanfeedh initiative, the Sultanate has been actively...