Strong economic backdrop gives new PM ‘room to manoeuvre’ Business

Strong economic backdrop gives new PM ‘room to manoeuvre’

The writer is our foreign correspondent based in the UK. Andy Burnham took office of UK prime minister against the third-strongest economic backdrop of any predecessor in the past 50 years, according to analysis. A study by the consultancy Public First and business coalition Prosperity Alliance, found only Tony Blair and Theresa May came to […]

Oman’s economic transformation highlighted at key forum Business

Oman’s economic transformation highlighted at key forum

MUSCAT: Oman’s economy has shown a growing ability to adapt to global shifts on the back of balanced policies and gradual structural reforms, according to Mahmoud bin Abdullah al Awaini, Secretary-General of the Ministry of Finance and a board member of the International Financial Centre of Oman (IFC Oman). Al Awaini cited IMF estimates pointing […]

Oman, Sri Lanka explore economic zone partnerships Business

Oman, Sri Lanka explore economic zone partnerships

MUSCAT: Oman and Sri Lanka have discussed opportunities to strengthen cooperation in special economic zones, free zones and industrial cities, as both countries seek to expand investment ties and promote sustainable economic growth. Qais bin Mohammed al Yousef, Chairman of the Public Authority for Special Economic Zones and Free Zones (OPAZ), met with Harsha Amarasekera, […]

HM orders new Economic Council, more Shura seats for women National

HM orders new Economic Council, more Shura seats for women

MUSCAT: His Majesty Sultan Haitham bin Tarik presided over a meeting of the Council of Ministers at Al Barakah Palace on Monday. During the meeting, His Majesty directed the establishment of the “Economic Coordination Council”, to be chaired by His Highness the Deputy Prime Minister for Economic Affairs. The council aims to create harmony between […]