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...
The inflation rate in the Sultanate increased by 1.7 per cent in December 2017, compared with the same period in 2016, according to the latest data...
Large cap financials continued to drive the index which closed at 5,119.18 points, up 0.28 per cent. The MSM Sharia Index gained 0.23 per cent to...
Oman has signed two agreements with Saudi Arabia worth RO81mn to finance key projects in Duqm. The money will come from the Saudi Fund for Development, a...
Petroleum Development Oman (PDO) today (3rd January) officially opened its first solar car park at its headquarters in Muscat. Thousands of solar panels were installed in...
His Majesty Sultan Qaboos bin Said issued a Royal Decree approving Oman’s budget for 2018 on Monday. Royal Decree No. 1/2018, which endorsed a budget that...
