Oman - Global Business Magazine

Oman’s Islamic banking sector’s assets increase by 9.1% to reach $16.6 billion

Global Business Magazine December 13, 2022

The total assets of Oman’s Islamic banking sector, including Islamic banks and windows operating in the sultanate, increased by 9.1% year-on-year to Read More

Technology Featured News Regional

UAE tops GCC 5G Rankings in download speed, says Opensignal

Global Business Magazine August 24, 2022

The 5G technology is rapidly becoming the most important wireless connectivity technology across the Gulf Cooperation Council (GCC). It is boosting the Read More

Business Featured Health News Regional

Burjeel Holding to invest $1 billion in Saudi Arabia

Global Business Magazine August 24, 2022

Burjeel Holdings, the UAE’s biggest private healthcare operator, will invest up to $1 billion as part of its expansion plans in Saudi Read More

Business Featured News Regional

Danube Home signs deal with Saudi Arabia’s Masah to enter the Kingdom’s market

Global Business Magazine August 8, 2022

Danube Home, a key home furnishing brand in the Middle East and GCC region, has joined hands with Saudi-based Masah Specialized Construction Read More

Business Featured News Regional

Saudi’s Tanmiah and Tyson Foods enter into strategic partnership

Global Business Magazine July 26, 2022

The US-based Tyson Foods, Inc. and Saudi Arabia’s Tanmiah Food Company announced entering into a strategic partnership agreement on Sunday. The Read More

Finance Featured News Regional

Steep decline in GCC issuances in 2022

Global Business Magazine July 14, 2022

Total fixed income issuances in the GCC stood at $37.2 billion during the first five months of 2022 as compared with $61.9 billion during the Read More

Finance Featured News Regional

Oman Investment Authority earns 10.3% in annual returns from 40 Countries

Global Business Magazine July 14, 2022

The average annual returns from the investments made in 40 countries was more than 10% till December 2021, the state-backed Oman Investment Authority (OIA) said Read More

Finance Featured News Regional

GCC Markets’ slide continues amid global sell-off in June

Global Business Magazine July 8, 2022

The GCC markets’ aggregate index declined for the second consecutive month during June 2022 tracking weak global trends as inflation and recession fears Read More