Oman’s Galfar Engineering & Contracting has been awarded the first construction contract for Khazaen Economic City, stated a media release. This is the first construction contract...
(Bloomberg) — The firm that’s transforming an archipelago, desert and mountains — an area about the size of Belgium — on Saudi Arabia’s Red Sea coast...
DP World, a global ports operator, and Zhejiang China Commodity City Group (CCC) have entered into a partnership to develop what is being touted as ‘Middle...
In 2018, Dubai’s foreign direct investment (FDI) reached 38.5 billion Dhirams – a 41% year-on-year growth – and climbed to 6th place in global FDI capital...
Natural gas is rising as a key catalyst to the growth of Oman’s economy, according to Central Bank of Oman’s (CBO) annual report released recently. According to...
(Bloomberg) — Stocks across the Middle East’s most liquid markets declined in a sign that the latest escalation in the US-China trade war is deepening concern about...
Worldwide 5G wireless network infrastructure revenue will reach $4.2bn in 2020, according to Gartner Inc. This is an 89% increase from the 2019 revenue of $2.2bn....
The Sultanate enjoys an advantages geographical placement. This coupled with Oman’s peaceful socio-political and economic climate, make it an ideal digital centre for disaster recovery services,...
(Bloomberg) — The CFA Institute is set to add a record 21,380 new chartered financial analysts after 56% of test takers passed the third and final level...
Bank Nizwa, the Sultanate’s leading Islamic banking and financial solutions provider, signed an OMR 19.5mn deal for Shari’a-compliant financing facilities with Raysut Cement Company (RCC), the...
