Islamic banking in Oman is expected to grow at double-digit rates as sharia-compliant banking products increasingly gain acceptance and the government’s plans to ease restrictions come to fruition.
The Middle East
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Economic update | Islamic banking thriving in Oman
18 Dec 2014
Economic update | Qatar moves to tackle cyber crime
17 Dec 2014
Cyber security is high on the list of challenges that could prove a hurdle to Qatar’s economic development, although it is also being seen as an opportunity for potential growth in the information, communication and technology (ICT) industry.
Economic update | Qatar's SME Zones
16 Dec 2014
While diversification strategies aimed at moving economies away from hydrocarbon dependency have become commonplace around the Gulf in recent years, the practical implementation of these strategies has often proved challenging.
The development of middle and lower income housing units in outlying areas in Bahrain is not only welcome news for those looking for a home to buy, it also signals a wave of new opportunities for retailers eyeing untapped markets in the kingdom.
Economic update | Abu Dhabi ups focus on R&D
15 Dec 2014
A drive to strengthen the link between higher education and the private sector in Abu Dhabi has set the scene for research and development (R&D) to play a greater role in the emirate’s economic development.
The real estate sales market in Dubai has outperformed the rental market in the last year, sparking a squeeze in yields and prompting concerns that the fundamentals of the market are becoming skewed.