His Majesty Sultan Qaboos received President Abdel Fattah al Sisi of the Arab Republic of Egypt, who arrived here on a three-day state visit to the...
Petroleum Development Oman (PDO) has staged a celebration event to mark the delivery of its 100th field development plan (FDP). The ceremony, under the auspices of...
Oman’s sovereign wealth fund is planning to start a $1bn infrastructure fund to boost investment in projects including the Sultanate’s road, transport and energy systems, according...
The average price of Oman Crude increased by 27.8 per cent at the end of 2017 to reach to $51.3 per barrel compared with $40.1 a...
Islamic banks in Oman have provided financing to the extent of RO3bn at the end of November 2017 as compared to RO2.4bn a year ago. The...
The Sultanate came 4th on the Arab level and 13th on the international level with 5.75 points at the emerging markets index 2018, published by the...
Omani banks, including Islamic institutions, have achieved a year-on-year credit growth of 7.3 per cent at RO23.5bn by November-end of 2017. Credit to the private sector...
Oman’s central bank raised RO62mn by way of treasury bills. The maturity period of the treasury bills is 91 days between January 17 and April 18,...
Bank Muscat posted a net profit of RO176.82mn for the for the year ended 31 December 2017 compared to RO176.56mn reported during the same period in...
Oman’s Ministry of Oil and Gas has signed an oil and gas exploration concession agreement for the Al Afif onshore oil block, or block 57, with...
