Category: Editor’s Pick

Editor's Pick
Omani Rial
Oman receives RO8bn foreign direct investment

Oman received RO8,013mn in foreign direct investment in the first half of 2017, a growth of RO619.4mn over the same period in 2016. The oil and gas sector constituted the bulk of foreign investment, at RO3,859bn, according to statistics released by the National Centre for Statistics and Information (NCSI). This was followed by financial brokerage, […]

ECONOMY
36770107804_da072189c4_z
Never waste a crisis

OER Business Summit 2017 calls for collaborative efforts and push for public-private partnerships Industry leaders at the OER Business Summit 2017 called for collaborative efforts between various stakeholders, concerted push for public-private partnerships and transparency to drive forward growth in the Sultanate. Organised by Oman Economic Review (OER), the Sultanate’s premium and must read business […]

Editor's Pick
staycation1
Relax, Relish, Rejuvenate

Muhammed Nafie  visits Millennium Resort Mussanah for a weekend retreat and comes back falling in love with its stunning location, striking views and stupendous stay Photo: Rajesh Rajan Looking for an idyllic weekend getaway in the outskirts of Muscat where you will be lulled by the undulating waves while enjoying the unobstructed views of majestic […]

Editor's Pick
Progress
Progress 2017-18 hits the stands

United Media Services (UMS) has published the 23rd edition of its annual bilingual publication Progress 2017-2018 saluting His Majesty Sultan Qaboos Bin Said on the occasion of the 47th anniversary of Oman’s Blessed Renaissance.   Published on the occasion of the 47th anniversary of Oman’s Blessed Renaissance, Progress 2017 highlights the Sultanate’s renewed impetus on public private partnerships, SME […]

Editor's Pick
Lee Chee Khian
Building Blocks of Sustainable Development

Lee Chee Khian, CEO of Special Economic Zone Authority at Duqm, talks about how the region is getting kitted out to attract foreign investors and emerge as Oman’s manufacturing hub How is manufacturing sector going to contribute to Oman’s future economic development? And how Duqm is going to be an enabler of this transition? Currently […]

ECONOMY
34031102254_f9fa4f7130_z
Shifting Dynamics

  OER Summit explores new imperatives in HR and finance.  HE Dr Rasheed bin Al Safi Huraibi, Chairman, Oman Tender Board, presents OER Top20 and Excellence Awards at the Summit CEOs, CFOs, senior HR executives and international and GCC-based industry experts discussed a range of business solutions related to cash flow management, disruptive technology, performance […]

Editor's Pick
Real Estate-1
Economies of scale

Renaissance Village Duqm which will be fully operational in April, 2017 can provide quality accommodation at affordable rates for close to 17,000 workforce at Duqm free zone. Muhammed Nafie reports Oman will be setting a new standard in providing quality workforce accommodation when Renaissance Village Duqm, an iconic 17,000-bed facility to accommodate people working for […]

Best Banks in Oman Survey 2017
CBO1
Strong supervisory framework

The OER-GBCM Best Bank’s in Oman survey 2017 shows a robust performance by the banking sector despite strong headwinds Banking sector regulations and reforms by the Central Bank of Oman (CBO) has resulted in a strong and resilient banking system in the Sultanate over the years. Adherence to a strict and disciplined monetary policy, risk-based […]

Editor's Pick
Barka-11
BARKA GRAND CENTER: A COMPLETE LIFESTYLE DESTINATION

  The success of Barka Grand Center in a short span has opened a new mall category – suburban community shopping and entertainment destination – in Oman. Buoyed by the encouraging response from the visitors and tenants, Barka Grand Center is moving ahead with the second phase of development. Akshay Bhatnagar reports When we think […]

Cover Story
OER_FEB-2017_Coverl
Emerging leaner and stronger

Amid subdued oil prices, the 2017 budget aims at reducing budget deficit, rationalising public spending, revitalising non-oil revenues and enhancing their contributions in total government revenues. The government also intends to increase employment rates, achieve medium-term fiscal and economic stability and enhance public-private partnership to accelerate more investment projects and private sector initiatives. Oommen John P reports […]