Business

Muscat: The Capital Market Authority has approved the main prospectus of Mudharabah Sukuk of Takaful Oman Insurance for the offer of perpetual Sukuk worth...

Muscat: The MSM index closed at 3,725.35 points, down 0.15 per cent from the previous close. The Sharia Index ended up 0.53 per cent at 527.41 points. Al...

Muscat: The inflation rate in the Sultanate, measured by movement in the average Consumer Price Index (CPI), fell by 1.42 per cent in December 2020 compared...

Muscat: The Muscat Securities Market launched the new electronic trading system (OPTIQ). 

Muscat: Dubai Mercantile Exchange (DME) said that Oman oil price (March Delivery 2020) reached US$55.24.The DME statement said that the price of Oman oil on...

Muscat: The MSM index closed at 3,730.85 points, down 0.85 per cent from the previous close. The Sharia Index ended down 0.12 per cent at 524.65 points. Al...

Muscat: The Sultanate's total electricity production at the end of October 2020 fell 3.1 per cent to reach 32,891.5 GW per hour compared to the end of the...

Muscat: In what could be termed the biggest real estate fund listing in the Sultanate, Oman REIT Fund will be launching its initial public offering (IPO)...

Muscat: In line with the 2040 Oman Vision and to accelerate the digital transformation toward a smart government the Capital Market Authority (CMA) has...

Muscat: The recovery in passenger demand which had been slowing since the Northern hemisphere’s summer travel season, came to a halt in November 2020, the...