Category: News

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.

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A TRENDSETTER

The outlook for Oman’s economy is positive and in view of the government’s commitment to infrastructure development and industrialisation; Bank Muscat anticipates considerable growth opportunities, says AbdulRazak Ali Issa, Chief Executive. An OER interview.

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GEARED TO MEET CHALLENGES

Overall reduction in property values and new projects will see reduction or no growth in property, engineering and energy sectors. Medical and life segments may however see growth, albeit at a slower pace, says A R Srinivasan, CEO, Falcon Insurance Company.

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CREATING BROAD NICHES

N S Vijaya Kumar, CEO, Infrastructure Group, Khimji Ramdas is not worried about the year ahead, but strikes a cautionary note on 2016. An OER report.

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SYNERGIES AT WORK

Greg Young, CEO, Ooredoo in Oman explains the rationale of having a single brand across countries and the expected benefits of the rebranding. An OER report.

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ALL-ROUND GROWTH

Ahmed Al-Musalmi, CEO, National Bank of Oman shares his thoughts on the bank’s performance, initiatives and what lies in store for 2015 with Mayank Singh.

REALITY CHECK

The Gulf region has had 10 years of abundance. But that decade of plenty is done. The drop in oil prices will hurt performance in the near term, even if the Gulf’s buffers are powerful enough to ensure there is no crisis, says Simon Williams, chief economist, Central and Eastern Europe, Middle East and Africa, at HSBC.