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BLME Team

BLME Team
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Oman’s Retail Sector in Transition Mode

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Retail sales across four Gulf countries – Oman, Kuwait, Saudi Arabia and the United Arab Emirates are projected to increase by more than $24...
oman infrastructure; road; project

Industry Insights: Oman’s Infrastructure Development 2019

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The Sultanate is considered as one of the fastest growing countries when it comes to infrastructure. Due to the flourishing construction industry, it has...
Boris johnson

Boris Johnson’s Brexit Plan: What New PM Aims to Do in 100 Days

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(Bloomberg) -- Incoming Prime Minister Boris Johnson has 100 days to deliver on his promise of leading the U.K. out of the European Union. The Brexit...
Mukesh Ambani, Indian's online retail store reliance

Reliance, Aramco Talks on Refinery Stake Sale Said to Stall

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(Bloomberg) -- Indian billionaire Mukesh Ambani’s Reliance Industries Ltd.’s talks to sell a minority stake in its refinery business to Saudi Arabian Oil Co., Aramco...
dubai financial centre

Dubai’s Real Estate Slump Catches Up With the City’s Finance Hub

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(Bloomberg) -- Walk into the latest expansion of Dubai’s financial district and you’ll see a handful of small art galleries, some upscale men’s tailors and...
progress 2019

Reserve Your Copy of Progress 2019

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United Media Services (UMS) has published the 25th edition of its annual bilingual publication, Progress (Al Takkadum) 2019-2020, saluting His Majesty Sultan Qaboos Bin...
Amlak Finance is nearing a deal to restructure debt for a second time as the Dubai-based Islamic mortgage provider navigates an ongoing property slump; emaar uae

Dubai’s Top Developer to Team Up on $11 Billion Project in China

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(Bloomberg) -- The developer of the world’s tallest tower in Dubai will venture out to China as property demand falters at home. Emaar Properties, the...
wind farm; renewable energy; wind power

Saudi Arabia Is Set to Start First Wind-Power Plant

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(Bloomberg) -- Saudi Arabia, the world’s biggest oil exporter, is poised to start generating wind power within three years as part of an effort to...
telecom; oman

Oman’s Telecom Overview: 2018-19

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The Sultanate of Oman is among the region’s most progressive countries in the telecom sector in terms of liberalisation and promotion of competition. The telecom...
middle eastern stock market

Middle East Stocks Fall With Regional Tensions Rising: Inside EM

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(Bloomberg) -- Most Middle Eastern equity markets dropped on Sunday amid an increase in geopolitical tensions after Iran seized a British oil tanker in the...