Total assets of commercial banks increased by 15.7 per cent to OMR28.3 billion in October 2015 from OMR24.5 billion a year ago. Of the total assets,...
The Dubai Department of Tourism and Commerce Marketing (DTCM) the principal entity tasked with delivering Dubai’s tourism vision of attracting 20 million visitors by 2020, has...
With the Middle East, and in particular the GCC, emerging as major international air travel hub, aviation security will be a key point of interest at...
A prolonged period of oversupply will keep oil prices lower for longer and continue to pressure issuers in the oil and gas industry in 2016, particularly...
National Bank of Oman (“NBO”) announced that it has been named the ‘Bank of the Year - Oman’ at The Banker’s 16th Annual Bank of the...
Oman’s crude oil production rose 3.05 per cent or by 995,708 barrels per day to 29.87 million barrels in November.
A total of 36,616 transactions worth OMR395,434,390 were conducted in the real estate sector during November 2015, Abdallah bin Salim Al Makhini, Secretary of the Real...
Electricity production in Oman rose to more than 25.4 thousand gigawatts (GW), reflecting a 12.1 per cent increase, as of the end of September 2015, compared...
While lower oil prices will negatively affect Qatar's (Aa2 stable) government revenues, large financial assets provide a sizeable buffer, says Moody's Investors Service in a report...
Oman's trade balance during the first seven months of 2015 registered a surplus of OMR1,581.3 million, despite the decline of 31.7 per cent in exports during...
