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Category: Leader’s OB
On January 1, 2016 His Majesty Sultan Qaboos bin Said issued a royal decree approving the Sultanate’s 2016 state budget and the country’s ninth five-year development plan, the latter of which covers the period 2016-20.
Improving connectivity internally to other countries across the Gulf and internationally is central to Oman’s diversification strategy
The authorities in Bahrain have never been so determined to overhaul governmental subsidies as part of efforts to streamline public finance. The starting point for the new trend focuses on ending subsidies on red meat, possibly followed by reengineering prices for utilities as well as petroleum products. A critical logic behind the push relates to […]
In May 2015, LuLu Hypermarkets, an Abu Dhabi-based retailer, announced that it planned to expand its operations in Oman in the coming years. “We are committed to extending our footprint, with plans to open five new stores [in the Sultanate] in the next 18 months,” said Yusuff Ali, the company’s managing director, at a press […]
Emerging market currencies, now trading at their weakest level since the Bernanke Fed’s “taper tantrum” in May 2013, face multiple risks in the last quarter of 2015. Federal Reserve rate hikes, contagion from China’s financial market turmoil/yuan devaluation, collapse in oil prices (West Texas crude prices have fallen by a shocking 25 per cent since […]
Measurement of area is critical in real estate since selling prices and rental rates are usually based on this measurement. For a buyer to compare two different pieces of real estate unit rate is probably the only way. Unfortunately, there are no universal standards and even in the same market, different sellers and lessees use […]
We spent the last month visiting several GCC Financial Centres meeting a mix of businessmen, asset managers and bankers, where we were invited to present our Global Fund. Although we were prepared for the barrage of “where are oil prices headed”, what shocked us is the lack of diversification and over exposure to oil by […]
Companies across the world are developing the technical capacity to analyse the vast amount of information they have captured. They are using the insights generated from that data to build stronger customer relationships, reach new customers and improve the bottom line. According to Gartner, the MENA region’s business intelligence (BI) software revenue is estimated to […]
Abdulrahman Salim Al Hatmi, Group CEO, ASYAD talks about the Sultanate of Oman Logistics Strategy 2040 and its efforts in achieving the enshrined goals. Mayank Singh reports What is ASYAD’s mandate and vision as Oman’s leading logistics group and what has been achieved in pursuance of these objectives? ASYAD has two primary mandates; the first is […]
Oman’s Minister of Commerce and Industry, HE Ali bin Masud Al Sunaidy and his Indian counterpart Suresh Prabhu reiterate their commitment to boost bilateral trade and enhance cooperation between the two countries in multiple sectors
Maqbool Al Wahaibi, CEO, Oman Data Park & Mazen Matar, GM- Cloud Services, Oman Data Park talk about company’s exemplary services in running and operating three data centers in tier-three category, serving nine leading banks in the country, along with 500 plus enterprises and customers in various sectors.
OER Finance & HR Summit 2018 held at Intercontinental Muscat on May 2, explored the new imperatives on the interface between finance and HR
Leader’s SpeakView all
If you can get a job done yesterday, then, and only then can you work with Elon Musk, founder, and CEO of both Tesla and SpaceX. For someone who is into making rockets and cars, wouldn’t his speed of work be like lightning? Musk is also the co-founder and chairman of an artificial intelligence research, non-profit […]