Syria’s economic rehabilitation offers opportunities
An Omani trade delegation recently visited the Syrian Arab Republic and the Lebanese Republic and held meetings with a number of officials in the Chambers of Commerce, Industry and Agriculture, as...
Currency Wars: The new front in US-China trade war
Will US President Donald Trump’s recent decision to impose a 10 per cent tariff surcharge on Chinese goods worth $300 billion from September have any positive benefit for US and global economy in...
Duqm City: Enhancing the future of Omani economy
Like many others, — I didn’t have a clear idea of the importance of Duqm Special Economic Zone nor its rising projects, despite previously writing about some of these projects without realising...
Economic diversification policy and the next phase
No one denies the benevolent efforts exerted over the past years of the Blessed Renaissance to advance the country to this level of socioeconomic progress among its global peers. Meanwhile, the...
Green economy for the future of safe development
Whenever the topic of environmental sectors and the need to protect them is put on the discussion table of officials, emphasis is always placed on the proper disposal, recycling and management of...
Oman economy poised to attract global investment
It was not surprising that the Arab Investment and Export Credit Guarantee Corporation “Dhaman” in Kuwait recently announced that Oman ranked top of Arab countries receiving foreign investment...
Will US-China trade war be reignited?
Despite the calm following the announcement by US President Donald Trump and Chinese Counterpart Xi Jinping of a truce in the trade war between the two countries at the G20 summit held in Osaka,...
What did the Osaka G20 Summit achieve?
Saudi Arabia is preparing to host next year’s annual G20 Summit. This year’s edition wrapped up recently in the Japanese city of Osaka with the participation of the leaders of 37 countries and a...
The importance of a savings culture in Oman
As part of preparations for my PhD studies, I had worked on a pair of papers titled, ‘Policies and Trends in Savings in Omani Society’ and ‘Saving for the College Education of my Children’....
Russian firms hold promise as investors in Duqm SEZ
The most recent promotion campaign, conducted by the Special Economic Zone Authority of Duqm (SEZAD) in the Russian capital Moscow, targeted a number of industrial and service sectors, including...
Bright future awaits Musandam’s tourism sector
Royal Directives waiving some taxes and fees on tourism related investments in Musandam Governorate promise to spur the economic and tourism development of this potentially promising part of the...
Insurance sector opens up opportunities for Omanis
n trend with the growth of the insurance sector in the Sultanate over the past five years, the number of Omanis joining this sector has been gradually increasing as well. Nevertheless, this sector...
Suspension of withholding tax on dividends, interest timely
Many brokers and economic analysts expect that the decision to suspend the withholding tax on dividends and interest will have a positive impact in terms of increasing the volume of daily trading on...
Omani youth are saving to invest in future business
Haider al lawati - haiderdawood@hotmail.com - In a recent questionnaire I had prepared on “Savings Policies and Approaches in the Omani Society” for my PhD studies, I posed a variety of questions...
His Majesty’s thoughts on investment
Haider al lawati - haiderdawood@hotmail.com - The Sultanate of Oman reiterates the importance of setting up the right climate to attract domestic and foreign investments in light of potentials and...
Waste management and economic benefits...
he issue of environment and how to protect it is a matter of concern for everyone in life. All of us need to dispose of daily waste or reuse them in other areas. New environmental systems reap...
Measures necessary to bolster Muscat stock market
recent report by Bloomberg suggested that the Omani bourse was among the underperformers of stock markets globally, and the second worst performer in the Arab world during Q1 2019. The MSM30 Index...
New victims of electronic extortion are on the rise
Electronic extortion in the world has not stopped as more and more people enter social networking programmes. This has led some to get caught by gangs dealing with these programmes. In the Gulf, some...
Selective tax on harmful goods to benefit society
The Royal Decree No 23/2019 issued recently regarding the Selective Tax Law after it was discussed and approved by the State Council and Majlis Ash’shura, will impose tax on some items for the...
National Employment Centre to boost Omanisation
Nobody discounts the efforts made by the authorities concerned for the employment of national workforce in private sector in the Sultanate, although some businessmen and investors believe that the job...