Economy

Saturday 23/March/2019 16:44 PM

SGRF signs logistics pact with Djibouti

Muscat: The State General Reserve Fund (SGRF) has signed a Memorandum of Agreement (MoA) with Djibouti Ports and Free Zones Authority, in the presence of...

Saturday 23/March/2019 16:02 PM

Non-oil activities continue to gain traction

Muscat: The non-oil economic activities continue to gain traction with sustained policy efforts and increased participation of private sector. Inflationary...

Saturday 23/March/2019 15:31 PM

Total credit extended witnesses 6% growth

Muscat: The banking sector in Oman continued to witness reasonable growth and supported the economic diversification initiatives by meeting the credit needs...

Wednesday 20/March/2019 17:42 PM

PDO outlines production growth plans

Muscat: Oman’s total oil reserves for 2018 consisted of approximately 4,791 million barrels at the end of 2018, rising by around 51 million barrels since...

Wednesday 20/March/2019 16:32 PM

Al Omaniya posts OMR4mn net profit

Muscat: The Annual General Meeting of Al Omaniya Financial Services (AOFS) was held on March 19, 2019 and the meeting was presided by the Chairman Khalid...