Economy

Saturday 09/March/2019 16:43 PM

Marginal decline seen in narrow money supply

Muscat: With regard to monetary aggregates, narrow money stock (M1) registered a year on year (YoY) marginal decline of 0.3 per cent to OMR5 billion at the...

Saturday 09/March/2019 16:35 PM

Average price of oil in Oman rises 9%

Muscat: The average price of a barrel of Omani crude oil rose by 9 per cent at the end of January 2019 to US$66.30 per barrel compared to US$60.80 per...

Wednesday 06/March/2019 16:13 PM

Apicorp signs $400 million financing facility

Muscat: The Arab Petroleum Investments Corporation (Apicorp), a multilateral development bank focused on energy investments and owned by the 10 Arab oil...

Wednesday 06/March/2019 16:04 PM

'Gulf CIOs scaling their digital initiatives'

Muscat: Thirty per cent of chief information officers (CIOs) in the Gulf Cooperation Council (GCC) are now scaling and refining the results of their digital...

Wednesday 06/March/2019 15:58 PM

Sezad signs pact with Bank of Beirut

Muscat: The Special Economic Zone Authority at Duqm (Sezad) signed a Memorandum of Understanding (MOU) with Bank of Beirut in Oman to provide banking...

Tuesday 05/March/2019 17:13 PM

CBO issues treasury bills worth OMR20mn

Muscat: Oman’s central bank raised OMR20 million by way of allotting treasury bills on Tuesday. The treasury bills are for a maturity period of 91 days,...