The total electricity production in the Sultanate of Oman till the end of May 2024 grew by 1.4% to 15,769.6 gigawatts per hour, compared to 15,553 gigawatts per hour during the corresponding period in 2023, according to statistics released by
The US dollar suffered steep losses today, with the Japanese yen on the back foot after a sharp rise in the previous session as traders contend with unwinding of popular carry trades and the prospect of deep rate cuts from
Manama, Mohammed Ali Al Qaed, Information and eGovernment Authority (iGA) Chief Executive, said that the iGA achieved significant milestones in digital transformation, investing in emerging technologies, and enhancing IT governance policies in collabo…
The Public Authority for Special Economic Zones and Free Zones (OPAZ) has launched new initiatives aimed at enhancing the services offered to investors in special economic zones, free zones, and industrial zones. These initiatives are part of OPAZ’s s…
Oman oil price (October delivery 2024) reached 75.01 US Dollars, comprising a rise by 46 cents compared to the price of yesterday Monday which stood at 74.55 US Dollars.
The average price of Oman oil (August delivery 2024) has stabilized
The Central Bank of Oman (CBO) has released its 12th Financial Stability Report (FSR) for 2024, emphasizing the resilience of the Omani financial system amid heightened global geopolitical tensions and persistently elevated interest rates.
Despite th…