Anvwar Al Balushi, CEO, Majan Consolidated Company, became the first Omani from a private sector company to bag the prestigious MENA HR Excellence Awards.
By 2014, Middle East’s commercial air-conditioning market is expected to be worth approximately $4bn, representing a 35 per cent growth from figures released in 2010 .
Even a modest rerating in Seoul means attractive money making potential in South Korean banks and insurers, who are not exactly victims of the won/yen spike.
Material Adverse Change Clauses hold great importance for dealmakers in structuring a financing, and to litigators in confronting financings gone wrong.
The rising level of competition among telcos has changed the dynamics of Oman’s telecoms market for good.