Monday, February 18, 2019

Oman Budget 2019: Walking a tightrope

Volatility in oil prices has led the government of Oman to walk a tightrope in Budget 2019, balancing expenditures within anticipated revenues and keeping...
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Merger with Alizz will create a strong Islamic bank, says OAB...

Rashad Al Musafir, CEO, Oman Arab Bank talks about the current status of and the rationale behind his bank’s proposed merger with Alizz Islamic...
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Top Bankers Quietly Prep for Saudi While Their Bosses Skip Forum

In public, finance industry leaders have bailed on a key Saudi Arabian investment conference next week. Behind the scenes, dealmakers bringing in the hard...
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With the Midas touch

Areej Mohsin Darwish, Chairperson of MHD Group, talks about her vision for the group and the company’s strategy to tackle new business challenges. Excerpts...
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Ferrero Gulf And Al Seer Group Form a New Partnership

Titled ‘Fergulf Trading UAE LLC’, the Strategic Partnership Establishes a Direct Distribution Channel for Ferrero Products in the United Arab Emirates (UAE), Excluding Abu Dhabi The...
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UAE’s economy to grow by 4.2% in 2019

The UAE Central Bank governor expects the country’s economy to grow by 4.2 per cent in 2019 on the back of rising oil prices...
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OOC and Orpic appoint new Group CEO

The board of directors of Oman Oil Company (OOC) and Oman Oil Refineries and petroleum industries company (Orpic) announced the appointment of Mr. Musab...
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UAE and Saudi collaborate for cryptocurrency

Saudi Arabia and the United Arab Emirates (UAE) have announced plans to issue a cryptocurrency for use in cross-border transactions. This, despite the fact...
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Muscat International Airport Named World’s Leading New Airport in 2018

Muscat International Airport has won the prestigious title of the World's Leading New Airport in 2018. The coveted accolade was announced during the 25th...
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Kuwait announces initiative for $200m technology investment fund

The GCC state will give $50m to the fund to allow investment in the fields of technology and digital economy Kuwait is launching an initiative...
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