Tag: Investment
World’s Biggest IPO Tests Saudis’ Faith in Their Crown Prince
(Bloomberg) Nawaf Abdel-Aziz has never put any money into the stock market before, but he says buying shares in the world’s most profitable company...
Madayn’s Oman-India meet hopes to open new investment avenues
The Public Establishment for Industrial Estates – Madayn – is organising an Oman-India Investment Meet at Crowne Plaza Muscat on Sept. 29 and 30.
The...
Salalah Free Zone, Al Naqbi Holding ink $10mn food processing unit deal
Salalah Free Zone Company (SFZCO) and Al Naqbi Group Holding have signed an OMR3.8mn ($10mn) agreement to set up a food processing unit within...
Equitativa Dubai eyes AED 200mn deals for Emirates REIT by 2020
Equitativa (Dubai), GCC’s largest Real Estate Investment Trusts (REITs) manager, is planning an investment of up to $54.4mn (AED200mn) in new real estate acquisitions...
Foreign Capital Investment Law to come into force from January 2020
Oman’s Ministry of Commerce and Industry is all set to implement the Foreign Capital Investment Law from January next year. This new law, which was...
Oman Arab Bank, Innovation Development Oman Sign Fintech Innovation MoU
Oman Arab Bank (OAB) and Innovation Development Oman (IDO Investments), have signed a Memorandum of Understanding (MoU) in order to identify and explore potential...
Abraaj Gets Closer to Selling Off Some of Its Funds
(Bloomberg) -- Actis received investor approval to take over two funds managed by the collapsed Abraaj Group, clearing a major hurdle for the emerging-market investor...
Oman’s Real Estate, Boom or Bust?
Oman’s real estate market is teeming with townships and residential units. In fact, the construction of numerous projects is underway. However, despite the supply...
King Salman Launches ‘Enriching Hajj & Umrah Experience’ Programme
Under the auspices of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz, and with the follow-up of Crown Prince Mohammed bin...