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PASI Board Approves Current, Investment Budget 2022

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Muscat: The Board of Directors of the Public Authority for Social Insurance (PASI) today held its 4th meeting of 2021 under the chairmanship of...

EDO Successfully Secures $2.5 Billion Financial Transaction

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Muscat: Energy Development Oman (EDO) S.A.O.C. has successfully secured a US$2.5 billion debut financing transaction, which attracted an overwhelming market response at very competitive...

Stock Futures Predominantly Flat After Dow, S&P Close At All-Time Highs

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U.S. stock index futures were flat early on Wednesday after the Dow and S&P 500 closed at record highs following the Senate passing the $1 trillion infrastructure...

Asian Markets Gain Even As Pandemic Restrictions Tighten In China, Australia

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Beijing: Asian stock markets followed Wall Street higher Monday after China and Australia tightened anti-virus controls that threaten to weigh on economic recovery. The Shanghai...

Bitcoin And Ether Hit Highest Levels Since May 2021

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Ether increased as much as 6.9% to $3,145, gaining for a fourth day amid the Ethereum network's London upgrade, which reduces the pace of...

SEC Chair Urges For Stricter Regulations For Cryptocurrency

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Capitol Hill: The chair of the US Securities and Exchange Commission (SEC) has urged Congress to offer the company greater authority to police cryptocurrency...

Apple, Amazon, Tesla Among Other Corporate Giants Set to Post Quarterly Results

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More than a third of the S&P 500 — including McDonald’s, Ford and Exxon — are expected to provide quarterly updates in the coming...

Government Treasury Bills Worth RO 187.4 Million Issued Via Tender No. 541

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Muscat: The Ministry of Finance issued a circular (circular no. 5/2021) which contained a fresh set of guidelines with respect to the disbursement of...

Draft Sukuk Regulation Presented By Capital Market Authority For Public Consultation

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Muscat: In keeping with their approach of community partnership, the Capital Market Authority (CMA), shared the Draft Sukuk (Sharia Law compliant financial bonds) and...

New Tender Results In Issue Of Treasury Bills Worth RO 150 Million

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Muscat: A new tender announced by the government this week, heralded the issue of treasury bills worth RO 150 million. The tender has been issued...