Iraq to export crude to Oman; Arab nations to start shared refinery
Under the terms of a new MoU, Iraq will export crude to Oman and set-up storage facilities in both countries...
Tag : Oman
Logistics: The next wave of innovation in e-commerce
With e-commerce snowballing in the Middle East means: logistics in the region need advancements from a paradigm of old-fashioned techniques to drum up operations...
Oman to host blockchain conference next month
With blockchain, Oman plans to become a deeply digitized economy, with scope to involve more developmental activities under the ambit of this new technology...
Building a roadmap for the water industry at the Global Water Summit 2018
The conference comes at a time of widespread change for the sector with new finance sources, PPP opportunities, and US$100bn worth of plans for national infrastructure spend in key water markets...
Bahrain announces its newfound oil & gas reserve the largest in its region
The Kingdom of Bahrain procures 80% of its revenue from oil, and gets 150,000 bpd from the Abu Safa oilfield in part...
Oman’s appetite for Islamic finance products is growing
Islamic banking assets in the Gulf nation are projected to reach 10% of total banking assets by 2018 Camille Paldi March 31, 2016: In the Oman Vision 2020 framework issued by the government, the country proclaimed that it is determined to reduce its dependency on oil revenues through diversification of the economy. Al Maha Financial...
Taking Omani tradition to the world
Al-Jabri sisters use their creativity to turn dates into a must-have item IFM Correspondent September 11, 2015: The best way to find yourself is to lose yourself in the service of others. This quote by Mahatma Gandhi is something that inspires Al-Jabri sisters Shatha and Wafa, founders of Meshan Dates and Sweets in Oman. Their...
Motivated by failure
Ali Al Khalili, an entrepreneur, feels Oman should trim bureaucratic procedures for startups IFM Correspondent September 10, 2015: Try and try till you succeed. Ali Al Khalili swears by the saying and the journey of his life is testament to this. Having tried his hands in the import and export industry, construction and building industry,...
‘Ecosystem for SMEs in Oman is still nascent’
Adham Al Said spoke to IFM about the initiatives taken by His Majesty and challenges ahead IFM Correspondent September 2, 2015 SMEs play a major role in any economy. How is it in Oman? Recent reports and studies have suggested that SMEs form approximate 90% of active businesses. Their contribution to GDP is estimated to...
‘Salary is not the only criteria to attract top talent’
Suhail Masri, VP of Sales, Bayt.com says SMEs in the GCC can compete with larger MNCs IFM Correspondent September 1, 2015 With MNCs spreading their wings, are local SMEs losing potentially good employees to these bigger companies? The state of talent in SMEs in Oman is positive. After all, Oman attracts top talent from all...