Category: ECONOMY



ECONOMY
womeninoman
Oman works to encourage female involvement in business and industry

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.

Exploring infinite possibilities

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 global equities in a financial bubble?

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 […]

New pool of liquidity

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.

CUSTOMER FOCUSSED

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.

Is the customer being served?

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 […]

POWERING THE ECONOMY

The Sur IPP has been established under a Build-Own-Operate (BOO) scheme. The agreement requires the shareholders of the project company to offer 35 per cent of their stakes in an Initial Public Offering (IPO), which will be launched soon. Oommen John P reports.

ECONOMY
MSM
New listings in the offing

The CMA is working to encourage domestic firms to carry out IPOs. According to the Capital Market Authority (CMA), which regulates Oman’s stock exchange and related activities, 2015 has the potential to be a big year for new listings on the Muscat Securities Market (MSM). While details are still relatively scant, according to the government […]