Oman
Muscat shares recover on buying support
MUSCAT: Active trading in index heavyweights lifted the MSM30 Index 0.59 per cent to 5,760.95 points, its highest level in...
Oman’s bond issue evokes tremendous response
MUSCAT: Oman’s central bank said competitive bids worth OMR267.98 million were received against recently issued bonds worth OMR150 million. The...
PDO exceeds expenditure cut target of $1.6b in 2016
MUSCAT: The Petroleum Development Oman (PDO) exceeded its target of cutting down expenditure during 2016, according to a top-level official...
Muscat bourse gains on demand for large cap stocks
MUSCAT: Supported by gains in index large caps, the MSM30 Index ended higher at 5,728.10 points, up by 0.23 per...
Oman’s crude price rise amid weakening dollar
MUSCAT: Oman’s crude rose by more than a dollar amid a weakening dollar and delay in Libyan oil output as...
Oman’s budget deficit surges ahead to OMR4.81b
MUSCAT: Oman’s budget deficit for the first ten months of 2016 surged by 46.7 per cent to OMR4.81 billion, as...
Oman-India bilateral trade to remain stable at $3.8b this year
MUSCAT: The bilateral trade between Oman and India is expected to remain stable at $3.8 billion for 2016-2017 financial year,...
![[ File # csp4261571, License # 1439291 ]
Licensed through http://www.canstockphoto.com in accordance with the End User License Agreement (http://www.canstockphoto.com/legal.php)
(c) Can Stock Photo Inc. / sundikov](https://customstoday.media/wp-content/uploads/2016/07/growth-chart-e1468223308893.jpg)
Non-performing loans of leasing, hire purchase firms in Oman grow
MUSCAT: Leasing firms in Oman have witnessed a growth in gross non-performing loans (NPLs), mainly on account of a delay...
Personal loans of Oman banks grow at 9%
MUSCAT: Oman’s conventional banks have achieved a robust year-on-year growth of 9 per cent in aggregate personal loans or consumer...
Port Services Corp. to be liquidated by January 1
MUSCAT: An extraordinary general meeting of the Port Services Corporation (PSC) has unanimously decided to liquidate the company with effect...
Malawi-Oman establish formal diplomatic relations
MUSCAT: The Government of the Republic of Malawi has with effect from 7th December, 2016, established formal diplomatic relations at...
Galfar wins OMR70m contract from PDO
MUSCAT: Galfar Engineering and Contracting Company, the Sultanate’s largest contracting firm, said that the company has received an off plot...
Bank Muscat wins JP Morgan elite award for error-free fund remittance
MUSCAT: Bank Muscat, the flagship financial services provider in the Sultanate, has won a prestigious award from JP Morgan Bank...
Sohar Port signs agreement with China’s Shenzhen Port
MUSCAT: A new sister port agreement was signed officially between Shenzhen Port in the People’s Republic of China and Sohar...
Oman shares continue to advance
MUSCAT: Supported by banking stocks, the MSM30 Index continued gaining momentum to close at 5,610.02 points, up 0.36 per cent....
Omani oil production continues to increase
MUSCAT: Sultanate of Oman is a country whose economy is based mainly on the exporting of oil. Despite this, the...
Trading volumes surge ahead
MUSCAT: Trading volumes on the Muscat bourse were driven by special deals. However, the MSM30 Index remained stable at 5,487.68...
Real estate sales in Oman grow by 124% to OMR7.6b
MUSCAT: Oman’s real estate sales registered a massive 124.3 per cent growth for the first 10 months of 2016 to...
Oman’s natural gas production grows 4%
MUSCAT: Oman’s natural gas production and imports grew by 3.9 per cent to 34,151 million cubic metres (MNCM) for the...
Oman launches phase 1 of $1.3bn mixed-use waterfront project
MUSCAT: Oman Tourism Development Company (Omran) has announced that it has launched phase one of the $1.3 billion Mina Al...
