Balancing growth and ocean sustainability
Most of us have heard of economy and circular economy, but the new word that is gaining attention is the blue economy. This relatively new term was introduced at the UN conference on sustainable...
Ratan Tata: A global business leader
Ratan Naval Tata was an iconic and modest Indian Industrialist who transformed the Indian-centric conglomerate into a global powerhouse. He was one of India’s most internationally recognized...
The growing presence of Islamic Finance
Islamic finance, a unique financial system guided by the ethical principles of Islamic law (Shariah), sets itself apart from conventional finance in several ways. It prohibits paying and charging...
Golden trends: Navigating the global gold market
Gold, a symbol of tradition and value across cultures, is not just a commodity but a cultural icon. Its significant increase in production and consumption over time culminated in an all-time high of...
Opinion- E-commerce landscape in Oman
E-commerce is the buying and selling of goods and services over the Internet. E-commerce operates through digital platforms, allowing enterprises and consumers to engage without physical interaction....
A pressing global crisis-climate change: the disappearing cities
Climate change, a global crisis, is the long-term shift in temperatures and weather patterns caused by natural factors and many human activities. Though climate change has been happening for a long...
Global stock markets seesaw to economic indicators
On August 5, 2024, the global stock markets experienced a significant downturn, with the Dow Jones industrial average dropping by 2.6% and the Nasdaq Composite decreasing by 3.43%. Japan's Nikkei 225...
Ports and trade dynamics of the Middle East
Since ancient times, ports have catalyzed a country's economic growth. They facilitate trade, support the supply chain, and are the epicenter of economic activity. With their strategic perspective,...
India’s Union Budget 2024 highlights
Nirmala Sitharaman, the Indian Finance Minister, recently released the Union Budget 2024. The budget's central themes are job creation and skill development. The finance minister is known for her...
The global outage: A wake-up call for diversification in technology systems
The entire globe was recently rocked by a significant technical issue involving Microsoft systems. The resulting outage sent shockwaves across various sectors, from airlines and airports to railways,...
Opinion: The global shipping industry: A sea of transformation
The fruits and vegetables we consume, the clothes we wear, the cars we drive, and many other goods and products we consume daily travel many nautical miles to come into our hands. Today, 90% of the...
Oman’s foreign direct investment outlook
Oman's strategic location in the Gulf region is a boon for foreign companies, providing them with convenient access to major global trade routes that connect Africa, Asia, and Europe. This...
The reconfiguration of the global supply chains
The global supply chain, a dynamic and remarkably adaptable system, has steadily gained prominence since the latter half of the 20th century. Its evolution has been shaped by globalization, trade...
Middle East countries' currency strength
The country with the strongest currency in the world is the Kuwaiti Dinar (KWD), followed second by the Bahraini Dinar (BHD), third by the Omani Rial (OMR), and fourth by the Jordanian Dinar (JOD)....
The rise of SHEconomy
It is not evident when or who can be credited with the emergence of the term “SHEconomy.” Still, it came about organically with the increased presence of women in the workplace and marketplace....
The new world business climate: BANI
Most of the world is familiar with the term VUCA. It is an acronym that is used to describe the world business climate. The term was coined in the 1980s by Warren Bennis and Burt Nanus, a team of...
Rising global demand for cyber security professionals
In the era of digitalisation, data is king. The interconnection of our personal and professional lives with digital spaces exposes us to numerous risks, creating exploitable vulnerabilities....
Strategic implication for Oman in 2024
The economic outlook for Oman in 2024 is positive, with the country targeting at least 3% economic growth for the year. Key indicators include a rebound in economic growth, supported by higher...