Oman
The announcement that the GCC-wide rail like will start operating in 2017 is a welcome move for all GCC states....
Oman announced plans to privatize and expand its electricity generation. Both moves will help Oman achieve its diversification plans for 2020....
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....
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....
Oman has simplified its corporate tax laws to woe foreign investors, offering a fixed 12 percent tax on all corporations working in Oman....
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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