Business

Wednesday 08/April/2020 16:32 PM

Oman's share index ends marginally higher

The MSM30 index closed at 3,455.32 points, up 1.69 per cent. The Sharia Index closed up by 0.69 per cent at 503.25 points. Bank Nizwa, up 5.88 per cent, was...

Wednesday 08/April/2020 16:29 PM

EU fears a rise in hostile takeovers

The massive public health crisis unleashed by the novel coronavirus worldwide has sent markets across the world spiralling. While the market meltdown is bad...

Wednesday 08/April/2020 16:25 PM

Americans worry about economy amid pandemic

Northern Virginia, United States: Dennis, a teacher residing 40 minutes from the nation's capital, has seen his stock portfolio plummet by $200,000 in...

Wednesday 08/April/2020 15:03 PM

Covid-19: OCCI calls for rent reduction

Muscat: Locals and expats who are unable to pay their rent due to the economic impact of the novel coronavirus may be exempt from paying rent for their...

Tuesday 07/April/2020 19:19 PM

25 million jobs at risk with airline shutdown

Geneva: The International Air Transport Association has released new analysis showing that some 25 million jobs are at risk of disappearing with plummeting...

Tuesday 07/April/2020 17:11 PM

MSM index ends marginally lower

Muscat Securities Market (MSM) general index 30 lost 3.12 points, comprising a decline by 0.092 per cent to close at 3397.82 points, compared to the last...

Tuesday 07/April/2020 17:09 PM

Oman oil price declines $1.81

Muscat: Dubai Mercantile Exchange (DME) said that Oman oil price (June Delivery 2020) reached $27.73. The DME statement said that the price of Oman oil...