riskandforecast

Oman

Risk Watch  16/06/10

Blue City may be saved as Abu Dhabi steps in to help

The revival of the Omani flagship project, Blue City, is an indication that Oman’s economic diversification plans are back on track....
Risk Watch  17/05/10

Iran launches naval Gulf excursuses as GCC states strengthen defenses

Naval exercises by Iran in the Straits of Hormuz have prompted GCC leaders to strengthen their joint defenses and call for a united effort against Iran....
 
Risk Watch  18/03/10

Oman’s economy better than expected in 2009 as oil production goes up

Data released by the Omani Central Bank and government show that Oman’s economy has fared better than predicted and better than most other GCC economies....
Risk Watch  18/03/10

Blue City close to liquidation

The eminent liquidation of the Blue City project represents the failure of the country’s flagship and first venture into master-plan developments....
 
Risk Watch  02/02/10

Iran threatens GCC states if attacked by West

Increasing tensions between the West and Iran increases the risk of Iranian attacks against Western interests in the GCC....
Risk Watch  18/01/10

Increased Al Qaeda threat in GCC according to Kuwaiti press

A leading Kuwaiti daily reported government sources as saying that there is an increased Al Qaeda threat in the Gulf, in view of the ongoing Yemen war....
 
Risk Watch  16/10/09

GCC States Plan New Agricultural Fund

GCC states announced plans for a new US $2 billion agricultural fund in coming months to secure food supplies by buying stakes in existing agricultural firms....
Chart of the Week  13/10/09

Ease of doing business - comparative chart between GCC, CEE and SEE regions

The chart shows absolute ranking of the selected countries in the World Bank Doing Business 2010 Report. Most SEE countries have improved their position since the last report. Despite this, they are i...
 
Risk Watch  01/10/09

GCC rail network by 2017

The announcement that the GCC-wide rail like will start operating in 2017 is a welcome move for all GCC states....
Risk Watch  31/08/09

Oman to privatize power stations

Oman announced plans to privatize and expand its electricity generation. Both moves will help Oman achieve its diversification plans for 2020....
 
Risk Watch  15/07/09

Agreement Will Help Alleviate Electricity Shortages in GCC Countries

The signing of the agreement for the GCC-wide connection between the electricity grids of the GCC member states will help alleviate electricity shortages in various GCC countries....
Risk Watch  16/06/09

Agreement Signed on Monetary Union between GCC Countries

Four GCC states signed a pact on 7 June creating a monetary union. It comes as a confidence-building measure after the shock decision by the UAE to not be part of it....
 
Risk Watch  16/06/09

Simplification of the Tax System in Oman

Oman has simplified its corporate tax laws to woe foreign investors, offering a fixed 12 percent tax on all corporations working in Oman....
Risk Watch  15/04/09

Launching of the GCC Common Currency Project in Delay

The delay in the launching of the GCC common currency amid reports of differences between member states increases the likelihood of scrapping the project altogether....
 
 

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