The Middle East

Displaying 1087 - 1092 of 9143

 

Which Omani sectors have been generating greater interest from investors?

 

How does the Foreign Capital Investment Law ensure the rights of newly formed firms, and what impact has the Invest Easy platform made?

 

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...

 

How successful have bond issuances been in providing funding for government spending and as a mechanism for private sector financing?

 

The Omani telecoms industry is among the most developed in the region in terms of the services provided and the competitiveness of the market. The mobile penetration rate increased to 143% in June 2019, up from 141.3% in 2018. Meanwhile, the number of fixedline subscriptions grew to 448,189 in the same period, marking a penetration rate of 72...

 

The Omani banking sector comprises 16 conventional commercial banks, of which nine are branches of foreign financial institutions and seven are locally incorporated. In addition, there are two state-owned specialised banks and two local Islamic banks. Sharia-compliant banking, which was introduced in 2012, accounted for 13% of Oman’s banking...

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