Category: ECONOMY

Paying the bills

Oman’s 2015 state budget, which was approved by a royal decree issued on January 2, affirms the government’s commitment to maintain current spending and, in addition, to support ongoing investment in a raft of large-scale capital projects.

REWARDING EXCELLENCE

A panel discussion on corporate governance was a major highlight of the OER Top 20 Awards event held recently. The Oman Economic Review (OER)’s Top 20 Awards for the Sultanate’s large listed companies for the year 2012 was presented at a gala event held in Muscat recently. At the event held at Afrah Ballroom of […]

Reducing paper waste

Oman Air’s new paper recycling programme, in partnership with Mzaya Al Batina Modern, an Omani company run by young local entrepreneurs, is aimed at recycling waste papers from across the company and from Oman Air’s aircraft arriving at Muscat.

Commercial Agencies Law of Oman

The recent amendments to Oman’s Commercial Agencies Law are the first of three complementary legislative measures aimed at increasing competition in the Omani market and curbing price rises.

Environmental Excellence

Almouj Golf, the award winning PGA Standard 18-hole links golf course at The Wave, Muscat, has become the first golf course in the Middle East and North African (MENA) region to be certified as an ‘Audubon Cooperative Sanctuary’. An OER report.

Looking Eastward

GCC’s MoU with South Korea covers a wide range of areas such as new and renewable energy, higher education, environment, information and communications technology, the defence industry, and power plants.

The strong US dollar and global equities

Investors should reduce their exposure to European equities, as there is an expected exodus of offshore capital from Europe and a fall in the Euro to as low as 1.20.

Focus on long-term growth

The investments in airport infrastructure are designed to enhance the Sultanate’s position as a transport and logistics centre for the region, and beyond.