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Positive Trends: Overall Banking Credit Increases By 3.0% Amounting To RO 27.2 Bn

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Muscat: In a positive step for the economy the CBO stated that, the total outstanding credit extended by conventional and Islamic banks (collectively known...

MSX Rises By 21 Points

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Muscat: The MSX General Index posted a rise of 21 points, translating into an increase of 55 basis points, and closed at 3915.47 points. The...

Government Revenues Stand At Over RO 2.7 Billion In April 2021

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Muscat: The Fiscal bulletin issued by the Ministry of Finance shows that government revenues dropped by 27.68% from January to the end of April...

National Finance Redefines Customer Convenience With Expanding Branch Network

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Muscat: National Finance, Oman’s leading finance company, continues to invest in customer-centric initiatives, catered through an expanding and enhanced branch network across the Sultanate. The...

Annual IMF Oman Meeting Commences: Medium Term Plan to be Reviewed

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Muscat: The International Monetary Fund (IMF) commenced their annual set of meetings with Oman via their Mission which will be conducting a thorough review...

ICAI Muscat Chapter Announces Change in Leadership

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Muscat: In a virtual meeting conducted recently, the Muscat chapter of the Institute of Chartered Accountants of India (ICAI), which is responsible for all India...

Japan’s Economy Experiences First Contraction in 3 Quarters

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Tokyo: The Japanese economy fell at a year-on-year rate of 5.1% for the quarter of January – March. The reduction in growth was roughly...

Muscat Stock Exchange Rises By 18 Points

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Muscat: The Muscat Stock Exchange (MSX) rose by 18.3 points in the general index posting an increase of 48 basis points, to post at...
abu dhabi

Abu Dhabi Stock Market Achieves Record Highs

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Abu Dhabi: In spite of the heavy and uncertain economic climate surrounding the tensions in the middle – east and the pandemic, the Abu...

Bank Nizwa Records Positive Performance In Q1 2021

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Muscat: With the popularity of Islamic banking on the rise, Bank Nizwa has been leading the way for change with innovative Islamic financing products, a...