How do you assess the legislative process in Oman, and what sort of changes would encourage more participation from foreign firms?
How do you assess the legislative process in Oman, and what sort of changes would encourage more participation from foreign firms?
One of the most challenging issues for investors in the Kingdom is how to adequately and commercially address the requirements of the Saudiisation policy. This is a particular challenge for foreign investors, who often have a harder time recruiting Saudi workers. The rationale behind the policy is clear: the Kingdom has a very young population...
The economy in Qatar has witnessed a significant boom driven by growing investment into the country from foreign companies and the continuous involvement of the state on an international scale. Qatar is said to be on the verge of an even bigger boom with the milestones of the 2022 FIFA World Cup and Qatar National Vision 2030 in the coming years...
In 2013 Dubai’s government announced the framework of its plan to become the centre of the global Islamic economy. The scale of this cannot be underestimated. The aggregate GDP of Islamic countries worldwide is more than $8trn, added to which will be significant Islamic business elsewhere. The plan includes a number of elements from Islamic...
Over the last few decades, Oman has been far less exposed to economic vagaries than its regional and global counterparts, principally due to its prudent economic and fiscal policies and early recognition of the need for economic diversification and strengthening of non-hydrocarbon sectors. This approach has focused on areas where the country has...
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