Category: News

Interviews
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AbdulAziz Al Balushi speaks on merger of Ominvest & ONIC

The merger of Ominvest and ONIC Holding has created the largest publicly traded investment company in Oman. AbdulAziz Al Balushi, CEO, Ominvest shares details about the idea, process, advantages and future of the merged entity in his first media interview after the formalisation of the merger. Mayank Singh reports.

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Most Trusted Brands in Oman

The importance of building a reputable and trusted brand can hardly be overstated. While numerous brands enter the market every year, the ones that capture a customer’s attention and confidence end up winning their trust. A customer judges a brand on multiple parameters like quality, service, pricing and desirability, and only those products that can […]

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How is Oman going to cover up the deficit?

Paying for ongoing programmes and initiatives represents a key long-term challenge for Oman. But the Sultanate has a wide range of revenue boosting measures to cover the deficit. In the first quarter of 2015, Oman’s Central Bank announced that it was in the midst of finalising a plan to issue RO200mn worth of sovereign sukuk, or Islamic […]

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Impact of low oil prices on construction sector

On the face of it, Oman’s construction industry has been adept at negotiating a weak oil price. But it is going through a steep learning curve where there is no dearth of new challenges such as payment delays and shortage of workers. A. Harikumar examines if the sector is getting equipped to convert such imponderables […]

ALL ROUND IMPROVEMENT

David Aziz, CEO, Automotive Products, MHD hopes that the company’s offerings will continue to attract customers irrespective of the macroeconomic scenario.

SUSTAINED GROWTH

Innovative products and services are the means of growth for the financial services sector, says Tonny George Alexander, CEO of Oman UAE Exchange.

WEALTH OF OPPORTUNITIES

There are many tourism projects currently in progress and various international hotel chains that are set to open in the next couple of years. In addition, with the opening of the new Muscat International Airport, the Sultanate will have the capacity to welcome a lot more travellers, says Garry Friend, General Manager, Grand Hyatt.

CASCADING EFFECT

Ahmed Amor Al-Esry, Managing Partner, Ernst & Young Oman shares his insights on oil prices and its ramifications for Oman’s economy. An OER report.

LOOKING AHEAD WITH CAUTIOUS OPTIMISM

Expansion of retail spaces and the preference of the populace for different types of retail experiment will fuel the growth momentum, says P Chandrasekhr, Group General Manager, Jawad Sultan Group. The year 2014 will end as per our expectation, given the fact that there have been changes globally and in the region, on political and […]

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RESPONSIBLE GROWTH

The year 2015 is expected to be a buoyant one for the infrastructure sector in Oman, says Reji Joseph, CEO of Al Anwar Holdings.