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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