Issue Number:207, February 2016

An Insight into Oman’s 2016 State General Budget

The cautious approach taken by the government in 2016 is clear departure from its expansionary policies in the last decade.

Reflecting on a year of transformation and success

A year is a long time in banking. Anyone looking for proof of this statement need look no further than National Bank of Oman (NBO) in 2015, the first full year of our transformational journey to be the bank of choice in Oman. 

Closing gender gap in the Arab World

A recent study conducted by the Young Presidents’ Organisation (YPO) revealed that while economic participation of women in the Middle East and African countries are below the global average, high-profile women business leaders are working to change this trend in the region.

Digital Economy: THE AGE OF TRANSFORMATION

From the Internet of Things to renewable energy principles, we’ll see our digital economy transforming before our eyes in 2016. Here are my predictions.

Nestlé: It’s Not Over

As Nestlé India’s Maggi Noodles emerge from a country-wide ban, the company is sucked into trouble again. But the new management might just steer it through.

Scripting a Success Story

Three young Omanis in their mid-20s are making big strides in Oman's film and television sector with their creative works through their company Akkasa Productions.

Sleek looks, smart features

The new midsize luxury SUV from Mercedes-Benz is an evolution of the outgoing GLK, giving us a very smart looking GLC 300.

Turn your flaws into fortes

The key to turning a disadvantage into an advantage is to recognise the opportunities before you, even if others see only challenges

Managing your personal debt

Legendary investor Warren Buffet is said to favour the following rule for personal financial management: “Do not save what is left after spending but spend what is left after saving”

Implications of changes in tax law on companies

In an effort to offset the growing national  budget deficit, Oman’s State Council (Majlis Al Dawla), on January 12, 2016, voted to raise the corporate flat tax rate currently in place under the Tax Law (Royal Decree 28/2009)  from 12 per cent to 15 per cent and to remove the RO30,000 tax-free threshold. 

Why is there a big concern about too much sitting?

Over use of machines and automation has affected every field of life.

Seven financial resolutions for 2016

As we move into 2016, here are the top 7 financial resolutions to make to reduce monetary stress. Consult a financial planner to determine your appropriate level of life and health insurance, and take out a good pure term plan.