National Gas commenced its liquefied petroleum gas (LPG) bottling operations in 1981 and is currently engaged in the selling of LPG cylinders for retail consumption. In 2012 the company, through an indirect subsidiary, acquired Shell Malaysia’s LPG assets and business in West Malaysia. The company’s largest shareholder is the A’Sharqiya Investment Holding Company, which...
Oman
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Articles & Analysis | Energy from The Report: Oman 2015
Interviews & Viewpoints | AbdulRazak Ali Issa, CEO, Bank Muscat: Interview from The Report: Oman 2015
What can the recent strong growth in the banking sector predominantly be attributed to?
Articles & Analysis | Islamic financial services have tremendous growth potential from The Report: Oman 2015
The burgeoning Islamic financial services (IFS) industry in Oman is expected to have a major impact on the domestic banking sector and the economy as a whole in the coming years. Since the launch of the country’s first sharia-compliant bank in late 2012, the sector has grown rapidly. As of September 2014 the sultanate was home to two full-fledged Islamic banks, Bank...
Interviews & Viewpoints | Hamood Al Zadjali, Executive President, Central Bank of Oman (CBO): Interview from The Report: Oman 2015
How can the CBO’s regulations best support the strategic goal of economic diversification?
Articles & Analysis | The industry is increasingly integral to the economy from The Report: Oman 2015
The banking sector posted solid growth in 2013 and the first half of 2014, on the back of improving asset quality, coverage and capital adequacy, a burgeoning Islamic banking segment and significant expansion in the economy. The industry comprises 16 conventional commercial banks – including seven local and nine foreign institutions – as well as two sharia-compliant...
The guide contains listings of some of the leading hotels and resorts in Oman and contacts for important government offices and services. It also contains useful tips and information for first-time visitors.