The latest figures issued by the National Centre for Statistics and Information (NCSI) show that the revenues of hotels classified as 3–5 stars reached RO 192,133...
Standard & Poor's Ratings Services projects that the 13 Middle East and Northern African (MENA) sovereigns that it rates will borrow an equivalent of $134 billion...
The Indian government unveiled a fire-fighting budget on Monday. Finance Minister Arun Jaitley's third budget marked a strategic shift by addressing rural distress in a country...
The deepening oil price slump will intensify pressure on banks globally, with those in major net oil-exporting countries most exposed to credit risks in the near-term,...
“Hospitality markets across MENA witnessed a less than ideal performance in 2015, compared to 2014. While occupancy rates increased across some markets in 2015 such as...
According to the recent Alpen Capital report, development of the healthcare sector has taken a center stage in the GCC countries, as they witness an era...
Continued low oil prices could have an increasingly negative impact on banks across the Gulf Cooperation Council (GCC), according to Moody's Investors Service in a report...
The Sultanate's petrol production in January posted a 12.9% fall year-on-year, with output shrinking to 6.07 million barrels as against 6.97 million barrels last year, according...
Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, as part of its commitment to raise awareness on Islamic banking and finance, organised a...
Top oil exporters Russia and Saudi Arabia agreed on Tuesday to freeze output levels but said the deal was contingent on other producers joining in -...
