The Sultanate’s inflation (CPI based) registered a fall of 0.07% in February compared with January figures, while on a year on year basis it increased 0.32%,...
Coinciding with the visit of a business delegation from the Mediterranean island nation of Malta, Bank Muscat, the flagship financial services provider in the Sultanate, in...
Samsung Electronics Co. Ltd launched the newest additions to the Galaxy family of products, Samsung Galaxy S7 and Galaxy S7 edge to consumers in The Sultanate...
The rating action on the banks was triggered by the weakening of their respective government's credit profiles, as reflected by Moody's review for downgrade of governments...
The Sultanate’s production of electricity in 2015 increased to more than 32.8 thousand GW, logging a 12.6 per cent increase compared to the production recorded in...
The latest figures issued by the National Centre for Statistics and Information (NCSI) show that the revenues of hotels classified as 3–5 stars reached RO 192,133...
Standard & Poor's Ratings Services projects that the 13 Middle East and Northern African (MENA) sovereigns that it rates will borrow an equivalent of $134 billion...
The Indian government unveiled a fire-fighting budget on Monday. Finance Minister Arun Jaitley's third budget marked a strategic shift by addressing rural distress in a country...
The deepening oil price slump will intensify pressure on banks globally, with those in major net oil-exporting countries most exposed to credit risks in the near-term,...
“Hospitality markets across MENA witnessed a less than ideal performance in 2015, compared to 2014. While occupancy rates increased across some markets in 2015 such as...
