Meethaq Islamic Banking has launched a Sharia-Compliant Equity Fund, in partnership with Bank Muscat’s Asset Management Unit.
The Fund is designed to capitalize on the growing potential of the economies in the Sultanate of Oman and GCC, providing inv…
Japan’s yen today hit its highest levels against the dollar since January 2024, as markets extended moves triggered last week after weak US labour data stoked recession worries and expectations of deeper rate cuts by the Federal Reserve.
The dollar i…
Oil futures extended losses in today’s session amid market volatility, as fears of a recession in the United States overshadowed concerns that escalating tensions in the Middle East could affect oil supplies.
Asian markets fell as investors abandoned…
Gold prices drifted higher today, aided by worries that the US could be headed for a recession and rising bets that the Federal Reserve will likely need to start cutting interest rates aggressively.
Spot gold rose 0.14 percent to USD 2,446.83 per oun…
Muscat Stock Exchange (MSX) general index (30) today lost (44.9) points, comprising a drop by (0.97%) to close at (4602.25) points, compared to the last session, which stood at (4647.20) points.
The trading value today stood at (RO 2,351,439), compri…
The Sultanate of Oman’s overall oil exports during the first half of 2024 increased by 0.3% to stand at 153,362,300 barrels. The average price of a barrel was $82.2, according to the data of the National Centre of Statistics and Information (NCSI).
O…
