Over the 12 months to October 2018, price change for consumer goods and services (excluding housing) in the Gulf Cooperation Council (GCC) countries rose by 4.2%, according to figures...
The country’s real gross domestic product (GDP) is expected to grow 3.7 per cent this year, higher than the 2.9 per cent forecast for 2018 and...
Oman’s government released a 2019 state budget on Tuesday that slows spending growth but may not cut a big deficit that has caused international rating agencies...
The Dubai Family Office Forum will reveal investment trends as it holds its 4th edition on 5-6 February 2019 at The Palace Downtown in Dubai, United...
Lebanon’s plight is turning into a crisis that could ultimately threaten the Middle Eastern country’s economic foundations, according to its finance minister. “The crisis today has...
The licence for the third mobile communications operator (from the local partners) is in the final stage and the announcement will be made early in 2019,...
Omantel’s share of the market now stands at 56 per cent and the company’s 4G network now covers 92 per cent of the inhabited areas in...
Oman Tower Company (OTC) signed two memoranda of understanding (MoUs) with Oman Telecommunications Company (Omantel) and Omani Qatari Telecommunications Company (Ooredoo) to build, lease and manage...
Oman Investment and Development Holding Company (Mubadrah) will develop Rusayl Industrial City, the first industrial estate to be managed and operated according to the private sector’s...
The 13-turbine project is set to be the Gulf region’s first large-scale commercial wind farm. Abu Dhabi-bases Masdar has announced the installation of the first turbine...
