Daily Archives: May 6, 2017

GDP at Market Prices Falls 5.1 Percent

Muscat, — The Sultanate’s GDP at producer prices declined 7.8% to RO 25.50 billion last year compared with prior year figures while GDP at market prices fell 5.1% to RO 25.48 billion, according to the latest statistical update from the …

Business Activities Registration Rises 26 Percent in 2016 Q4

Muscat, — The Statistics Department at the Ministry of Commerce and Industry said that

the number of top 10 business activities recorded during the fourth quarter of 2016 stood at 11,189; an

increase by 62.73% compared to 6,876 activities recorded …

OMAN CRUDE SLIPS BELOW $50

MUSCAT, Oman, May 6 (NNN-ONA) – Oman’s crude oil price fell below $50 a barrel, for the second time in a month, as rising US oil inventories continue to cast doubts over OPEC’s ability to protect prices.

Oman crude oil …

Financial Sector Index up by 221 Points in April

Muscat, — The financial sector index increased by 221 points in April 2017 to close at

8055 points due to the good performance for a number of listed companies in the sector index after the

improvements in their financial statements …

3739 Kg of Gold, Silver Hallmarked during 2017 Q1

Muscat, — The Ministry of Commerce and Industry, represented by the Directorate General

for Standards and Metrology, said that the quality of gold, silver and platinum works that have been

hallmarked during the first quarter of 2017 stood at 3739 …

PROSECUTOR BLAMING WOMAN FOR HER MURDER STIRS OUTRAGE IN MEXICO

MEXICO CITY, May 6 (NNN-Xinhua) — Thousands of netizens in Mexico lambasted authorities on social media after officials blames a young woman’s murder on her lifestyle.

The overwhelming reaction has already led officials to respond by removing the offending Tweets, …