Business

Tuesday 12/May/2020 16:03 PM

Oman's share index ends marginally lower

The MSM30 index closed at 3,450.89 points, down 0.43 per cent from previous close. The Sharia Index ended lower by 0.24 per cent at 516.98 points. Oman...

Tuesday 12/May/2020 15:56 PM

Oman's inflation falls 0.97% in April

Muscat: The inflation rate in the Sultanate, measured by movement in the average Consumer Price Index (CPI), fell by 0.97 per cent in April 2020 compared to...

Tuesday 12/May/2020 15:53 PM

Oman oil prices continue to rise

Muscat: The price of Omani oil continued its rise, with prices for delivery by next July reaching $31.49 USD on the Dubai Energy Market. A statement issued...

Tuesday 12/May/2020 15:51 PM

Brazil's economy to shrink 4.11% in 2020

Brasilia: Brazilian financial analysts downgraded their economic forecast for the year from a 3.76-per cent contraction in the gross domestic product (GDP)...