The Real estate transactions in the Sultanate collapsed 30.3% year-on-year in the first quarter of the current year, with the total traded value of properties standing...
Moody's expects Oman's current account balance to deteriorate further in 2016 and to register a deficit of 24% of GDP because of the fall in oil...
Sustained profit taking dragged down the MSM30 Index by 0.51 per cent to end the session at 5,948.56 points. The MSM Sharia Index closed at 887.32...
According to a recent Bloomberg report, Investec Bank’s aviation arm made its first foray into financing the Airbus Group A380 superjumbo with a deal to purchase...
As stated in the World Bank’s Global Economic Prospects report, the global growth disappointed again in 2015, and is expected to recover at a slower pace...
Leading financial services provider Bank Muscat has partnered with the GCC New Age Banking Summit 2016, to be held at the Crowne Plaza in Muscat, Oman...
Building on existing strong trade and investment ties, a top-flight delegation led by the Public Authority for Investment Promotion and Export Development (Ithraa), Oman’s inward investment...
The Reuters reports that Saudi Arabian construction company Saudi Binladin Group has laid off about 77,000 foreign workers and plans to cut thousands of jobs held...
Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, hosted the first focus group meeting aimed at familiarising and obtaining feedback from customers on...
Islamic banking entities provided financing to the extent of RO1.85 billion as at the end of February 2016 when compared to RO1.1 billion a year ago.
