Amid unprecedented levels of public investment in industry and infrastructure, the Omani banking sector is undergoing strong growth for the second consecutive year. In November 2006, in an important step …
Category:
GCC
-
-
The UAE government has been defending the investor friendly business environment that is stimulating the construction industry in the country. Addressing the government’s regulations within the construction sector, Ali bin …
-
Abu Dhabi is continuing its policy of diversifying revenue streams by building up a substantial portfolio of overseas investments. The International Petroleum Investment Company (IPIC) and the Abu Dhabi National …
-
December 20 saw start of the Gulf’s leading retail event, the Dubai Shopping Festival (DSF), which will run until February 2. Retailing is now clearly part of Dubai’s overall strategy …
-
The Gulf Information Technology Exhibition 2006 – or GITEX as it is commonly known – drew in 1,347 exhibitors from 76 countries, while the inaugural GULFCOMMS, which ran concurrently, featured …
-
In December’s Arab Strategy Forum 2006 in Dubai, there was much discussion around the improving ties between the UAE and the Asian giants. While this may not be a new …
-
UAE seeks deal with Iran With the Iranians indicating that the deadlock over a natural gas pipeline between the UAE and Iran might soon be solved, the UAE may be one …
-
Riskybusiness The Saudi Arabian Council of Ministers has issued operating licenses to 13 new insurance companies in a landmark effort to encourage development in the sector.Hamad al-Sayari, the governor of …
-
Balancing the books The UAE announced its third consecutive zero deficit budget last month, justifying its move toward a performance-based budgeting strategy.The 2007 federal budget is the first to apply …
-
Island economy booming In the build up to November 25 parliamentary elections, Bahrainis’ attention has been focused on the state of the kingdom’s economy—and wrenching social changes to the kingdom’s …