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U Capital appointed Omran’s advisor for privatisation of hotels

Ubhar Capital SAOC (‘U Capital’) has been appointed as advisor to Oman Tourism Development Company (OMRAN) to study the privatisation of some of its major hotels, according...
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Salalah Free Zone aims to create 21,000 jobs in the next...

Salalah Free Zone aims to create 21, 000 jobs in the next three years on the back of new diversification policies, and expansion plans...
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Looking to explore Saudi Arabia? you won’t have to wait too...

Ahmed Al Khatib, chairman of the Board of Directors of the Saudi Commission for Tourism and National Heritage (SCTH) has announced that Saudi Arabia...
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Saudi Aramco might list 1% on the Riyadh stock exchange by...

Saudi Aramco might soon be on the Riyadh stock exchange (Tadawul) with Saudi Arabia planning to list 1% of the state oil giant before...
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Emirates NBD increases its FOL to 20%, fuels high for Dubai...

Emirates NBD Bank on Monday increased its Foreign Ownership Limit (FOL) to 20% and announced its intention to increase it to 40% in the...
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Saudi Aramco mulling two-stage IPO, might choose Tokyo for phase two

The state-owned Saudi Aramco might be considering a two-stage initial public offering (IPO) with a domestic debut and a subsequent international listing possibly in...
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Healthy economic outlook for Oman over medium term, says CBO report

​Oman’s economic outlook appears to be healthy over the medium term aided by thriving non-oil economic sectors and new enabling policies, including those that...
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