Oman’s investment sector has recently undergone several reforms, allowing foreign investors to own 100 per cent of their businesses
Commodities including oil have also faced a headwind this month from gains in the dollar
Oil has rallied in the opening weeks of 2022 on the continued recovery in energy consumption
This is the first payment in what is expected to be a full-year 2021 dividend payment of Dhs2.57bn
Oil is poised for a second straight monthly gain as the US, China and parts of Europe lead a robust demand recovery from the Covid-19 pandemic
Sheikh Nawaf succeeds his half brother, Sheikh Sabah Al-Ahmed Al-Jaber Al-Sabah, who died on Tuesday at the age of 91
The decision is part of the government’s strategy to ‘Kuwaitise’ jobs in the public sector