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...
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...
