Bank Muscat reported net profit of RO84.31mn for the first half of 2017, down from RO90.47mn for the same period in 2016. The bank’s net interest...
Raysut Cement is planning to sell its entire stake in Sohar-based Oman Portuguese Cement Products Co to Opal Development Co, says the company in its first quarter financial...
The fully integrated Oman Exhibition & Convention Centre (OCEC) precinct takes strides towards completion as this major project already achieved the completion of Phase 1 –...
Oman’s total fish production grew by 5.4 per cent to 270,863 tonnes last year, from 257,001 tonnes in 2015, thanks to a robust growth in the...
Oman’s Gross Domestic Product (GDP) is expected to grow by 2.5 per cent in 2018, up from 1.5 per cent in 2016, the Euler Hermes Credit...
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...
