Total trading volume on the Muscat Securities Market (MSM) in the first nine months of this year amounted to OMR946.5 million, a fall of 44.7 per cent from its level in the same period last year, which stood at OMR1.7 billion.
The International Monetary Fund (IMF) has projected the Sultanate’s economic growth at 4.4 per cent during 2015, up from 2.9 per cent the previous year. This comes alongside rating agency Standard and Poor’s estimation on Wednesday of the Gross Domestic Product (GDP) growth by 3.4 per cent during 2015-18, second to Qatar among the Gulf […]
Oman’s female population has enjoyed considerable freedom well before the establishment of the modern Sultanate in 1970. Traditional Omani society afforded women an important role in society, as maintainers of the family unit and, in many cases, local communities and regional social organisations. Since His Majesty Sultan Qaboos took power 45 years ago, the state has codified women’s rights in a wide variety of laws and rulings.
The Superdollar trend will have a huge macroeconomic impact on the GCC in 2015-16, exactly as it did in 1997-99.
Khalid Said Al-Wahaibi, Chairman and Paul Flandinette, CEO, Brand Infiniti share their thoughts on the genesis and vision of the company. Mayank Singh reports.
Are overvalued global equities destined for a crash, as happened in 1987, 2000 and 2007? This scenario is possible but not inevitable. A 220,000 rise in April jobs triggered a 267 point one-day rise in the Dow Jones index. Chinese A share equities in Shanghai have risen 90 per cent since last summer on People’s […]
The issuance of Oman’s first sovereign Sukuk will not only provide Islamic banks and takaful companies in the country with an investment avenue but also create a benchmark for the nation’s potential borrowers to access it, says Hussain Ghaleb Al Yafai, Head, of Corporate and Institutional Clients and Head of Financial Markets, Standard Chartered Bank Oman.
The Public Authority for Consumer Protection is implementing laws and regulations to protect the rights of customers and ensure that the market is free of fraud and improper business practices, says Omar Faisal Al-Jahadmi, its Deputy Chairman for Consumer Services and Market Monitoring in an interview with Oommen John P.
There is near unanimity that customer service standards in Oman need drastic improvement. While the Public Authority for Consumer Protection has stepped in to address grievances, major issues still persist. Oommen John P reports Customer expectations are certainly rising in the Sultanate and that is a good thing – it drives the market to innovate […]