Archive for August, 2011

Muscat Hotels in Oman

Muscat is the seat of government and the largest city of the Governorate of Muscat, and the capital city of Oman. Tourist facilities are excellent in Muscat, with most Muscat hotels offering beach front amenities along the Gulf of Oman. Muscat hotels range from the simplest accommodations to facilities with full amenities including day spa, concierge service, and in-room Jacuzzi. Oman hotels offer equivalent accommodations throughout the country.

Muscat holidays reflect the mysterious splendour of Oman, plus its heritage, customs, and Arab traditions of the Omani citizens. The Muscat Festival is held January through February in the Al Qurm Natural Park highlighting the arts and traditions of Oman. Traditional industries are showcased in the Muscat Festival, too. The Oman Ministry of Tourism organizes cultural events at the Al Falaj Castle Theatre as well as at the Al Morooj Theatre of the Salalah, Dhofar Governorate to round out the selection of Muscat holidays for local participants and avid tourists alike.

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Corporate Governance and Accounting Standards in Oman: An Empirical Study on Practices

In recent years, the Oman economy has undergone a number of reforms, resulting in a more market-oriented economy. Particularly, the financial impetus extended by the Sultanate of Oman had signaled the beginning of a positive trend. The size of Oman industry is becoming much bigger and the expectations of various concerned parties are also increasing, which can be satisfied only by good Corporate Governance.

The importance of good Corporate Governance has also been increasingly recognized by the industry for improving the firms’ competitiveness, better corporate performance and better relationship with all stakeholders(1). In oman also the industries have obliged to reform their principles of Governance, for which, Oman companies will now be required to make more and more elaborate disclosures than have been making hitherto. This necessiates to adhere to the uniform and proper accounting standards, as the standards reduce discretion, discrepancy and enhances not only the degree of transparency in sharing of information with the parties concerned but also reinforces the broader role the directors need to play for achieving Corporate objectives in the midst of challenges and adversities.

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Jobs in Middle East

Want to get a high paying job and a first class living environment? You should start looking for jobs in Middle East. Read on to know all about employment opportunities in Middle East.

The Middle Eastern countries

The Middle Eastern comprises of not one but a number of countries. These are: Algeria Bahrain Egypt Iran Iraq Israel Jordan Kuwait Lebanon Libya Morocco Oman Palestine Qatar Saudi Arabia Sudan Syria Tunisia Turkey UAE Yemen.

Economy

The nature of industry and extent of economical progress differs in every Middle East nation. Some of these like Oman are very rich while a few others are poorer. Oil is one natural resource that is found in abundance in many of these nations. This resource has been tapped fully. The oil-rich countries in Middle East are among the richest nations of the world. The other prominent industrial sectors in Middle East countries are: Agriculture Banking Arms and ammunitions Hospitality Engineering Medical Accounting IT (Information Technology) Teaching Law Airlines.

Employment

The presence of so many booming sectors has created thousands of jobs in the Middle East. Skilled professionals are in high demand in these countries. The most lucrative jobs in the Middle East countries are:

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High Paying Jobs Across the Gulf

For decades, skilled Indian professionals have been migrating to the Gulf in search of high-paying jobs. In fact, Gulf countries house nearly five million Indian workers. They are spread across the spectrum of career options. Oil & gas, construction, hospitality and nursing and medical care are the most popular job options for those migrating to the Gulf. Thus, thousand of Indian professionals migrate to the Gulf in search of high-paying jobs in these industries. While most of them settle in blue-collar jobs, even top of the line jobs are also absorbing a lot of Indians these days. Thus, Gulf countries are the preferred destination as they provide a good standard of living with a high-paying job.

In fact, a recent survey by HSBC Expat Explorer revealed the fact that the UAE is the second best place in the world to migrate to. It comes only after Singapore. At the moment Gulf states are offering good jobs coupled with amazing lifestyle, high salaries and least tax. Thus, it becomes the top choice of Indian migrants looking to find a high-paying job in the field of their expertise. The opportunities here are vast and it absorbs skilled and talented professionals with open arms. Be it UAE, Bahrain, Kuwait, Oman Qatar or Saudi Arabia, the job opportunities are immense and each state holds its own lure to attract talent. They all have their own special attraction for different reasons but they all offer ample high-paying jobs to those looking to migrate.

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