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Economic Update
Emerging markets invest in film media to extend their global reach
Emerging markets invest in film media to extend their global reach
As audiences return to entertainment in physical venues following the Covid-19 pandemic, several emerging markets are looking to film and media to diversify economic revenue streams and extend their cultural reach abroad. Global cinema box office revenue saw a strong upswing in the first quarter of 2023, with the year’s gross revenue set to reach $32bn. While still 20% below the annual average recorded in the 2017-19 period, the figures show that the industry is well on its way to...
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Oman leverages non-oil sector development to propel economic growth
Oman leverages non-oil sector development to propel economic growth
Oxford Business Group has launched The Report: Oman 2023, highlighting how the sultanate is diversifying its economy, and accelerating privatisation and Omanisation. Supported by a robust and well-regulated banking sector, the country has renewed efforts to prepare for a post-oil economy by developing the financial technology ecosystem to increase financial inclusion, as well as introduce legislative reforms to enhance the business environment and generate investment...
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Gulf countries are developing regulatory frameworks for decentralised finance
Gulf countries are developing regulatory frameworks for decentralised finance
As GCC countries look to harness new forms of financial technology (fintech) such as blockchain, deepen their financial services and expand financial inclusion, governments are embracing decentralised finance (DeFi) and are working to attract cryptocurrency companies to the region. In DeFi – peer-to-peer financial services with no central authority or intermediary involved in trading, lending, investing and other activities – GCC countries see the opportunity to diversify...
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The Report: Oman 2023
The Report: Oman 2023
Articles & Viewpoints Khamis bin Saif Al Jabri, Chairman, Oman Vision 2040 Implementation and Follow-up Unit On the progress of national digitalisation and diversification efforts Tahir bin Salim Al Amri, Executive President, Central Bank of Oman (CBO) On economic projections and financial innovation Abdulsalam bin Mohammed Al Murshidi, Preside
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Report: How can West and Central Africa use ESG to boost value-added activities in special economic zones?
Report: How can West and Central Africa use ESG to boost value-added activities in special economic zones?
Several West and Central African countries have incorporated the UN Sustainable Development Goals in their respective economic growth strategies, driven by a desire from both public and private stakeholders to include more sustainable, socially focused and transparent practices throughout the supply chain. The increasing focus on environmental, social and governance (ESG) criteria has helped economies in the region attract attention from foreign investors, stimulating...
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Emerging markets invest in film media to extend their global reach
Read ArticleOman leverages non-oil sector development to propel economic growth
Read ArticleGulf countries are developing regulatory frameworks for decentralised finance
Read ArticleThe Report: Oman 2023
Read ArticleReport: How can West and Central Africa use ESG to boost value-added activities in special economic zones?
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