Muscat, Islamic banking entities provided financing to the extent of about RO4 billion at the end of January 2020, recording a growth of 10.5 percent over that a year ago. Total deposits held with Islamic banks and windows increased by 7.7…
Muscat, The combined balance sheet of conventional banks denotes an annual growth of 2.0 percent in total outstanding credit as on end-January 2020. Conventional banks’ credit to the private sector increased by 1.2 percent to about RO19 billion. Conventional banks’…
Muscat, Muscat Securities Market (MSM) index cut down last week’s losses to 28 points, compared to a loss run of 374 points and 166 points in the two previous weeks. By the end of Thursday’s trading session, the stock market’s index closed…
Muscat— Dubai Mercantile Exchange (DME) said that Oman oil price (May Delivery 2020) today reached 28.09 US Dollars. The DME statement said that the price of Oman oil today declined 1.92 US Dollar from the price of yesterday “Wednesday…
Muscat— Muscat Securities Market (MSM) general index (30) today lost (39.7) points, comprising a decline by (1.10%) to close at (3567.40) points, compared to the last session, which stood at (3607.08) points. The trading value today stood at (RO 23,…
Muscat, Oman Air, the Sultanate’s national carrier, announced that it was granted permission by civil aviation authorities in the Kingdom of Bahrain to operate its flights between Muscat and Manama during the period from 20 till 31 March 2020….
