Asian stock markets returned thrice (India, China, Pakistan, Indonesia) or twice (Sri Lanka, Philippines, Taiwan, Thailand) the 14 per cent total return of the S&P 500. It was impossible not to make money in Asian equities in 2014.
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.
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 […]
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.
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.
My favourite Asian market for 2015 remains Taiwan, now trading at 13 times earnings and 1.9 times book value.
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.
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.
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.
The investments in airport infrastructure are designed to enhance the Sultanate’s position as a transport and logistics centre for the region, and beyond.