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Author: Web Desk

Gold Edges Lower as Markets Eye Fed Minutes for Policy Clues

Geneva: Gold prices eased today, trading below the two-week high reached in the previous session, as investors awaited the release of the Federal Reserve’s June meeting minutes for signals on the policy direction of new Chair Kevin Warsh. Spot gold fe…

Total Credit Balance in Oman’s Banking Sector Rises by 11.5%

Muscat: The consolidated balance sheet data of conventional and Islamic banks, also known as other depository corporations within the banking sector in the Sultanate of Oman, revealed an 11.5 percent increase in the total credit balance granted by the…