Subdued domestic and external demand combined with regional tensions created a challenging economic environment for Dubai in 2019.
The Middle East
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Economic update | Dubai: Year in Review 2019
29 Jan 2020
Economic update | Oman: Year in Review 2019
29 Jan 2020
A downturn in oil revenue on the back of production cuts by the Organisation of the Petroleum Exporting Countries contributed to a difficult year for Oman in 2019, as the government continued with efforts to balance the budget and diversify the economy.
Articles & Analysis | Facts for visitors: Useful information for business and leisure travellers from The Report: Oman 2020
LANGUAGE: Similar to other GCC member states, Arabic is the official language of Oman, although English is widely spoken and understood. Using English to get around or conduct business in the capital, Muscat, or other hubs such as Sohar or Salalah, is relatively easy. Locals do appreciate the exchange of salutations in Arabic, but are...
Articles & Analysis | Hotels in Oman from The Report: Oman 2020
A SINAMAR HOTEL APARTMENT Street 196 Al Jami Al Akbar Road Ghala Heights T: +968 2450 6414 booking@asinamarhotel.com www.asinamarhotel.com Rooms: 83 rooms, including double and twin rooms, and one-, two- and three bedroom suites. Business & Conference Facilities: Printer and fax machine available on site. Health & Leisure...
Articles & Analysis | Regulatory changes increase attractiveness for foreign investment in Oman from The Report: Oman 2020
Prior to 1971 the Sharia Courts had jurisdiction over all civil and criminal matters, as well as personal status matters in the sultanate of Oman. However, after the succession of Sultan Qaboos bin Said Al Said, the judicial system was reformed in the sultanate, and Sharia Courts currently only govern matters relating to family disputes and...
Interviews & Viewpoints | Ben Ewing, Partner, CMS Oman: Viewpoint from The Report: Oman 2020
The year 2019 saw several legislative changes in Oman aimed at encouraging business growth and diversification of the economy, which has so far relied heavily on the hydrocarbons industry. I would like to outline the major changes to the legal framework and the potential positive impact on Oman’s investment climate.