Muscat Media In: The value of trading in the Muscat Stock Exchange amounted to two million riyals and 597 Omani riyals yesterday. The last market value amounted to 23.22 billion Omani riyals.
Read More »Omani and Saudi companies sign several agreements to invest in the fields of communications and information technology.
Muscat Media Inn: A group of Omani and Saudi companies signed several agreements to invest in the fields of communications and information technology. The agreements and memoranda of understanding were signed within the framework of the Saudi delegation’s visit to the Sultanate, headed by His Excellency Abdullah bin Amer Al-Sawaha, …
Read More »Is it permissible to stop taking blood pressure medications if the readings are normal?
This question is answered by the Health Council of the Gulf Cooperation Council, which clarified that about what is frequently rumored on social media about the possibility of pressure patients to stop taking blood pressure medications if their blood pressure readings are normal, it is dangerous for the patient. The …
Read More »1.200 billion the size of the assets of insurance companies in the Sultanate of Oman.
Muscat Media In: Data for insurance companies indicate an increase in the total assets of insurance companies during the past year by 7.5% to reach 1,197.55 million Omani riyals. The financial statements indicated that the insurance sector’s contribution to the gross domestic product amounted to 1.48%, and that the capital …
Read More »Muscat Stock Exchange index gains 28 points with the rise of the main sectors
Muscat Media In: The Muscat Stock Exchange index recorded 28.959 points and closed at 4577.3 points. And the market value recorded an increase of 17%, recording OMR 23,180 billion, compared to OMR 23.124 billion last week.
Read More »The World Bank raises the forecast for the growth of the non-oil sectors in the Sultanate of Oman by 2.6%.
Muscat Media In: The World Bank raised its forecast for the GDP growth of the Sultanate of Oman to 4.5% this year. The bank confirmed that the growth rate will continue at 3.9 percent during the year 2023. The growth rate in the non-oil sectors this year will reach 2.6 …
Read More »Vitol expects Brent crude to approach $100 by the end of 2022
Chris Beck, a member of Vitol’s executive committee and chairman of VTTI, said Wednesday that he expects Brent crude to be close to $100 a barrel by the end of the year. Beck added that the market value of Brent crude ranges between 80 and 100 dollars per barrel. Oil …
Read More »The meeting of the financial leaders of the Gulf countries and the International Monetary Fund to discuss economic issues
The finance ministers and central bank governors of the Gulf Cooperation Council (GCC) countries held a joint meeting with the Director of the International Monetary Fund, Kristalina Georgieva. The Saudi (Al-Ekhbariya) channel stated today, Monday, that the meeting discussed many issues in the region, most notably the damage to the …
Read More »3 Gulf markets are declining in conclusion.. Saudi Arabia and Muscat are violating the trend
3 Gulf stock markets fell, on Sunday, in the first session of the week, while the index of the Saudi and Muscat stock exchanges bucked, affected by the decline in global markets, last week. The Saudi index rose 0.74% to 11,490 points, amid trading of 4.8 billion riyals. The Kuwait …
Read More »“Salalah” port tends to attract giant standard containers.
Muscat Media In: Port of Salalah tends to attract giant standard containers. And the port services company, which manages the port, announced that the company’s board of directors agreed to rent 10 handling cranes that would allow the port the ability to deal with this type of container ships. Which …
Read More »