Monday, October 14, 2019

World’s Biggest IPO Tests Saudis’ Faith in Their Crown Prince

(Bloomberg) Nawaf Abdel-Aziz has never put any money into the stock market before, but he says buying shares in the world’s most profitable company...
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UAE Plans to Ease Citizens’ Debt Burden as Economy Slows

The United Arab Emirates started a program that aims to reduce the debt burden of its citizens as the oil-rich Gulf country grapples with...
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PDO marks Oman Environment Day with ECO SME exhibition

Petroleum Development Oman marked the 2016 Oman Environment Day by holding an exhibition for Small and Medium Enterprises (SMEs) that have launched businesses in environmentally friendly services and products.
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Islamic institutions in Oman post robust growth

Islamic banks and window operations in the Sultanate affirmed that there are good opportunities for their growth in 2015 and 2016, thanks to the growing turnout for Sharia-compliant financial products.
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Self-Driving Buses Made by Volvo to Hit the Roads in Singapore

Volvo AB is ready to start trialing full-sized driverless buses in Singapore, helping the city state take a step forward in the race to...
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5 Things You Need to Know About the New Excise Tax...

1. What is an excise tax? In layman’s terms, an excise tax is an indirect tax imposed on the sale of select goods and services....
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Mashreq posts a 5% year–on–year growth in Net Profit

Mashreq posts a 5% y–o–y growth in Net Profit in the first nine months of 2018 Mashreq, one of the leading financial institutions in the...
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Meet HE Mohamed Alabbar – businessman, innovator & visionary

Emaar Founder and Chairman, HE Mohamed Alabbar, shared his inspirational career and life story at NBO Chairman’s Speaker Series. Mayank Singh reports. He grew up in a one-room house with nine siblings in the 1960s; but currently heads a company which has built iconic structures like Burj Khalifa – the tallest building and Dubai Mall – the largest shopping mall in the world, and is ranked as the world’s second most powerful Arab business leader after HRH Prince Al Waleed bin Talal.
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Shifting into top gear

Oman is making tourism a central plank of its economic strategy, as the country braces itself for a post-oil future pursuing its diversification drives...
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Russia Cries Dyadya (Uncle), Is Saudi Arabia Listening?

In recent days, signs of a possible breakthrough in the year-long stand-off between Russia and Saudi Arabia on crude production strategy have emerged. Saudi...
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