Following the drop in oil prices in 2014, the government budget has fallen into deficit. As a result, the authorities have implemented a bold series of fiscal reforms since 2015 to shift the budget on to a more sustainable trajectory. For instance, 2019 saw the introduction of a series of new excise taxes, referred to as sin taxes, on alcohol...
Given its natural assets, strategic location and appealing geography, Oman has the resources for significant economic expansion. Although the sultanate remains dependent on oil and gas, efforts to diversify the economy are already bearing fruit. While private sector growth benefitted from the many investments committed in the days of higher...
In 2019 Oman introduced legal reforms that have the potential to provide a considerable boost to the economy and development of the country. However, the final impact of the reforms will be decided by the executive regulations, the detailed rules around implementation and the day-to-day operation of the laws. The reforms aim to improve the...
FIRST CENTRAL HOTEL SUITES PO Box 9970 Barsha Heights Dubai, UAE T: (971) 4 454 4900 F: (971) 4 454 4901 www.central-hotels.com info.fc@central-hotels.com Rooms: 524 rooms, including 179 classic one-bed rooms, 13 classic two-bed rooms, 199 classic studios, 13 two-bed studios, 40 twin studios, 48 executive studios, 24 executive one-bed...
MINISTRIES Cabinet Affairs & Future 04 330 4433 Culture & Knowledge Development 800 552255 Defence 04 353 2222 Economy 04 314 1555 Education 800 5115 Energy 04 292 9555 Environment & Water 04 333 1329 Finance 04 393 9000 Foreign Affairs 800 44444 Health 04 230 1000 Higher Education & Scientific Research 02 642 8000...
LANGUAGE: Arabic is the official language, although English is the most widely spoken language in Dubai. Public signs are often in both Arabic and English. Other languages in common use include Hindi, Urdu, Tagalog, Persian, Chinese, French and Russian.
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