Oman Economic Review – July 2019

(Elliott) #1
4 July 2019

45
SPOTLIGHT
KHAREEF BECKONS
During the three-month Khareef
season in Salalah, Dhofar
governorate receives a huge
influx of tourists from within
and outside Oman

INSIDE


50
LOGISTIS
DRIVING DIVERSITY
Asyad Group has delivered rapid
growth in the last six months
due to sales increases and new
revenue streams, resulting in an
Ebitda growth of 14 per cent and
a forecast of 23 per cent growth
overall for 2019

Editorial 1

Business Briefs 6

In the News 10

Banking 11

Finance 16

Fisheries 54

Retail 56

GIZMO 57

Auto Talk 58

Auto News 60

Billboard 62

Book 64

COVER STORY 20


12
LEADERSPEAK
PLATFORMS FOR GROWTH

ECONOMY TECHNOLOGY LIFESTYLE LEADERSPEAK LISTINGS VIDEO

Oman’s Upward Mobility Via E-commerce
Oman has been making headway in terms of digital transformation, and E-commerce is the obvious step forward

UAE Eases Rules on 100 per cent Foreign Ownership to Lure Investment
The United Arab Emirates will allow foreigners to own 100 per cent of businesses across industries as the Arab
world’s second-largest economy courts investors

IMF Calls for Expeditious Introduction of VAT in Oman
The executive board of the International Monetary Fund (IMF) concluded the Article IV consultation with Oman on
June 7. A brief summary of the report

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