The Central Bank of the UAE (CBUAE) has issued new guidance on anti-money laundering and combatting the financing of terrorism (AML/CFT) for its licensed financial institutions...
Total loans and financing in commercial banks increased by 4.5 per cent to reach RO28,299.7mn at the end of May 2022 compared to RO27,085.2mn during the...
The Central Bank of Oman (CBO) has developed a Macro Stress Testing framework to assess the resilience of the Omani banking system to adverse macroeconomic events....
The Central Bank of Oman (CBO) has increased its repo rate for local banks by 75 basis points to 3 per cent. The move comes after...
As the Sultanate aligns toward the national strategies set under Oman Vision 2040, Hemant Murkoth, the CEO of Business Gateways International LLC, elucidates the significance of...
Muscat Stock Exchange (MSX) general index (30) today gained 23.2 points, comprising a rise of 0.51 per cent to close at 4,532.11 points, compared to the...
Oil prices globally rose by more than US$1 per barrel today, extending gains from the previous trading sessions following a bullish trend among investors, a drop...
Dr Mohammed Al Balushi, CEO, Shell Oman Marketing Company SAOG shares insights on the company’s contribution to the energy transition journey and support to Oman’s Carbon...
The University of Nizwa, in cooperation with NASA, recently launched a research project related to the study of air pollution risks; titled: ‘Aerosols in the Middle...
