International Finance

Tag : Wealth Management

Economy

‘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...
Economy

‘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...
Economy

Iran: Renewed interest

The initial round of foreign investment is expected to benefit petrochemical and metal industries Suparna Goswami Bhattacharya August 28, 2015: For economists worldwide, July historically is usually a quiet month. However, this year has been unusually active for the global economy. First, there was Greece’s debt crisis. Then the news of China’s stock plunging stroked...
Business Leaders

E-invoicing is the way forward

What Small Business, Enterprise and Employment Bill means for UK’s public sector Stephen Carter Augudt 25, 2015: Everyone has a stake in the efficiency of local and central government, we all pay taxes. And I for one, dislike paying for someone to process paper invoices. Especially, as there is a better and simpler way of...
Business Leaders

Guiding light for SMEs in Oman

Startup Oman aims to connect Oman’s entire SME ecosystem Suparna Goswami Bhattacharya August 24, 2015: Entrepreneurship is a great equaliser. Across the globe, entrepreneurs may come from varied backgrounds, but the language of entrepreneurship unites them. And testimony to this is the story of Startup Oman, a one-stop shop community for SMEs. The founders —...
Economy

Insurance companies staring at $1.5 billion Tianjin bill

Two massive explosions in a warehouse in the Chinese port have killed more than a hundred people, left hundreds more injured and devastated large parts of the city Tim Evershed August 21, 2015: Insured losses from the explosions that rocked the Chinese port of Tianjin on August 12 could rise to over $1.5 billion making...
Fintech

£6bn in revenue left on the table by mobile businesses last year

Survey reveals that more than half of UK smartphone users have abandoned their transaction August 20, 2015 London: Jumio Inc. on Thursday released results from the company’s latest Mobile Consumer Insights study, which looks at user behaviour and transactions on mobile. Conducted online by Harris Interactive, the study identifies the driving forces of purchase and...
FinanceWealth Management

Murray makes investments on crowdfunding platform

Has invested undisclosed amount in three companies August 19, 2015: Tennis champion and world number two Andy Murray announced that he has made multiple investments on Seedrs, the largest equity crowdfunding platform in Europe. Murray, who joined the Seedrs advisory board in June, identified three British businesses he wanted to back on the crowdfunding platform,...
FinanceWealth Management

Your financial past can hurt your job prospects

A good credit score is particularly important for C-level hires or those applying for a job in the finance department Suparna Goswami Bhattacharya August 18, 2015: Did you ever have had a bad credit or a bankruptcy? Does it happen often that despite repeated reminders by credit card companies, you end up paying your bills...
Fintech

Did China just float the yuan?

Sort of… People’s Bank of China announced a significant liberalisation of the yuan’s exchange rate regime John J Hardy August 14, 2015: The People’s Bank of China devalued the Chinese yuan overnight by almost 2% and announced a significant liberalisation of the yuan’s exchange rate regime, a move that has roiled currency and asset markets...