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Last Updated: Wed, Jun 21 2017 | 10:51 AM |
Gulf states continue to prepare for VAT in time of crisis
Banking & Finance»

Gulf states continue to prepare for VAT in time of crisis

Wednesday, 21 June 2017 2:08 PM

In case of a prolonged crisis, Qatar would have to replace imports with 'costlier' non-GCC goods

Average Gulf gov't deficit exceeds 11% of GDP amid oil price fall
Banking & Finance»

Average Gulf gov't deficit exceeds 11% of GDP amid oil price fall

Saturday, 3 June 2017 12:41 AM

New PwC report says Oman was hardest hit during 2016 while Kuwait coped best with new era of oil prices

Gulf syndicated loans at four-year low as borrowers favour bonds
Politics & Economics»

Gulf syndicated loans at four-year low as borrowers favour bonds

Thursday, 1 June 2017 11:51 AM

Volume of bank loans to the GCC has dropped 65 percent so far in 2017

Oman tightens price on $2bn sukuk amid rush of orders
Banking & Finance»

Oman tightens price on $2bn sukuk amid rush of orders

Wednesday, 24 May 2017 10:42 AM

Orders for the Islamic bond were for more than three times the issue size

Oman Air sets up fund to support staff in need
Banking & Finance»

Oman Air sets up fund to support staff in need

Saturday, 13 May 2017 11:22 PM

National carrier says Wings of Support initiative will offer financial support to staff during hard times

Oman ratings cut to junk by S&P amid oil price slump
Politics & Economics»

Oman ratings cut to junk by S&P amid oil price slump

Saturday, 13 May 2017 12:53 AM

Ratings agency says it expects Oman's income level to weaken and its fiscal position to deteriorate

IMF sees GCC budget deficits shrinking as rulers cut spending
Politics & Economics»

IMF sees GCC budget deficits shrinking as rulers cut spending

Tuesday, 2 May 2017 12:47 PM

The expectation is that the six-member bloc will record a current account surplus in 2017

Oman said to follow Abu Dhabi with SWF merger plan
Banking & Finance»

Oman said to follow Abu Dhabi with SWF merger plan

Monday, 24 April 2017 2:47 PM

Sources say sultanate is considering a merger of its two main sovereign wealth funds amid a slump in oil prices

UAE firms face dilemma: increase prices or absorb VAT
Banking & Finance»

UAE firms face dilemma: increase prices or absorb VAT

Tuesday, 18 April 2017 11:52 AM

Firms selling small value items face major issues, says tax expert

2
Dubai mall operator says Oman investments to rise by $1.3bn
Retail»

Dubai mall operator says Oman investments to rise by $1.3bn

Saturday, 15 April 2017 10:18 AM

Majid Al Futtaim says extra investments are likely to create more than 42,000 jobs in the next five years

Omani currency faces 'devaluation threat', says BMI
Banking & Finance»

Omani currency faces 'devaluation threat', says BMI

Wednesday, 29 March 2017 9:37 AM

Weak oil prices, modest buffers is concern to maintain Rial’s peg to dollar

Sunil Vaswani tops Indian Rich List for third year running
Culture & Society»

Sunil Vaswani tops Indian Rich List for third year running

Monday, 27 March 2017 9:19 AM

Our exclusive ranking of the Gulf’s wealthiest Indian expatriates.

Culture & Society»

The 50 Richest Indians in the GCC in pictures

Monday, 27 March 2017 9:10 AM

Our exclusive ranking of the Gulf’s wealthiest Indian expatriates.

1
Oman agrees to deepen ties with Iran central bank
Banking & Finance»

Oman agrees to deepen ties with Iran central bank

Sunday, 26 March 2017 5:06 PM

Move comes despite fears of US legal action against the Islamic Republic over money laundering accusations

Oman inflation rate rises to highest level since 2012
Politics & Economics»

Oman inflation rate rises to highest level since 2012

Wednesday, 15 March 2017 2:20 PM

Inflation has been rising as the gov't raises domestic fuel prices to reflect recent increases in oil prices


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