July 3, 2024

Oman remains a significant player in the global LNG market

Last year, Oman exported 11.43 million tonnes (MT) of LNG, making up 3% of the world’s total LNG exports MUSCAT: The Sultanate of Oman has quietly but firmly established itself as a reliable and significant player in the global LNG market. The latest 2024 World LNG Report from the International Gas Union, released last week,…

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GCCH

July 3, 2024

Oman’s capital market draws 135 nationalities; foreign investments up 19%: MSX data

Arabnews: Oman’s capital market has attracted investors from 135 nationalities, up from 67 in 2023, supported by favorable policies including low tax rates and flexible capital transfer options. Newly released statistics from the Muscat Stock Exchange reveal a 19 percent increase in foreign investments as of May, including participants from the Gulf Cooperation Council, Arab…

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GCCH

May 26, 2024

Omani stocks remain resilient amid regional challenges

The financial sector saw notable gains Times of Oman, Muscat: The Omani stock market experienced a slight uptick for the second consecutive week, posting a 0.22 percent gain as it tested breaking the resistance level at 4,800 points level, according to an analyst. “This week, Oman stood out as an exception in the region, where…

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GCCH

May 20, 2024

CBO issues treasury bills worth OMR39.03 Million

Times of Oman, Muscat: The Central Bank of Oman (CBO) raised OMR39.03 million by way of allotting treasury bills on Monday. The value of the allotted treasury bills amounted to OMR10.03 million, for a maturity period of 91 days. The average accepted price reached OMR98.750 for every OMR100, and the minimum accepted price arrived at…

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GCCH

May 18, 2024

Oman participates in Arab Forum of Anti-Corruption Agencies and Financial Intelligence Units

Times of Oman, Muscat: Sultanate of Oman, represented by the State Audit Institution and the National Center for Financial Information, participated in the Arab Forum of Anti-Corruption Agencies and Financial Intelligence Units organised by the Presidency of State Security and Oversight and Anti-Corruption Authority in the Kingdom of Saudi Arabia under the patronage of His…

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GCCH