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...
The total volume of trade between Oman and its 10 main partners during 2016 amounted to OMR15.25 billion, representing 80.2 per cent of the total trade...
Oman’s central bank raised OMR68.6 million by way of allotting treasury bills on Tuesday. The treasury bills are for a maturity period of 28 days, from...
Oman’s non-oil exports surged by 28.3 per cent to OMR1,827.2 million for the first seven months of 2017 from OMR1,424 million for the same period of...
