Colors: Green Color

Cavendish Maxwell, a leading property consultancy and chartered surveying firm in the Middle East, released its Oman Property Market Report for 2019-2020 comprising key property data and trends for the country’s real estate industry. The industry report was compiled by the firm's in-house strategic consulting and research team, and covers key data and overviews into the residential, retail, office, industrial, hospitality and entertainment sectors.

The new Coronavirus (covid-19) spread in China since January and spreads internationally now, including the Middle East. With the rising of numbers of people who chose to stay at home to avoid infection, the economy faces challenges. But at the same time, some chances for developing entertainment products on the internet are emerging like TikTok, TopTop, and others.

Global equity markets are observing unprecedented times as the coronavirus pandemic has caused significant worldwide economic disruption. The downward pressure continued during the week as fundamentals are painting a gloomy short-term picture across global economies. The governments pledging further fiscal support and Central Banks injecting economic stimulus were also not able to calm the markets as investors appear sceptical about the ability of these measures to forestall near-term economic challenges.