Khalid Ramis Al Rawas is the new CEO of Raysut Cement Company. Following the resignation of Joey Ghose, Khalid Ramis Al Rawas has been appointed as...
Tesla, Inc. and SpaceX CEO, Elon Musk, has reportedly sold 7.92mn Tesla shares worth a whooping US$6.88bn in what is one of the centi-billionaire’s largest offloads...
Is inflation always harmful to an economy – and to what extent does raising interest rates curb inflation? Sibasish Mohapatra deep dives into the roots of...
Oman’s Energy Development Oman (EDO) has achieved a long-term credit rating with a stable outlook (BB-) by S&P’s Global Ratings and a standalone credit rating of...
Muscat: Total revenues collected by the end of the first half of 2022 amounted to RO6.724bn, comprising a rise of 54.2 per cent compared to RO4.361bn...
Muscat: The Policy Actions Taken During the Pandemic and Post-pandemic Recovery so far have Diminished the Short-Term Risks to Financial Stability A battery of financial, monetary, and...
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...
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....
Muscat: Oman’s efforts to attract investment for key sectors of the economy identified as ripe for growth will be explored in a forthcoming report by the...
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...