Oman’s benchmark Muscat Securities Market (MSM) General Index 30 on Wednesday gained 15.76 points, registering a rise by 0.31 per cent to close at 5113.35 points,...
The Special Economic Zone Authority at Duqm (Sezad) has granted Oman Tank Terminal Company (OTTCO) a usufruct right to construct Ras Markaz crude oil storage terminal....
Oman’s central bank has raised OMR47.27 million by way of issuing government treasury bills. The total value of the allotted treasury bills amounted to OMR47.27 million,...
Commercial banks in Oman performed well during the first quarter of 2017 despite the difficult economic challenges facing the global banking sector. Net profits at the...
Oman’s average annual inflation based on consumer price index (CPI) during January- March 2017 period stood at 2.33 per cent mainly due to revision in fuel...
Meethaq, the Islamic banking window of Bank Muscat, has launched the Sultanate’s first Sukuk programme. The maiden RO25 million issuance, open for subscription from May 21 till...
Petroleum Development Oman (PDO) has signed three contracts worth $35 million with Omani firms for the supply and servicing of compressors. The deals are a further...
Neopharma, one of region’s leading pharmaceutical manufacturing companies, has invested a total of OMR92 million towards diabetes management in the Gulf Cooperation Council (GCC) and global...
Aqar, a leading real estate developer in the Sultanate, has launched a modern concept in community retail centre called Q series brand. As part of the...
Public Establishment for Industrial Estates (PEIE) has signed an agreement with BankDhofar to provide OMR50 million to finance several infrastructure projects undertaken by the PEIE in...
