Daily Archives: August 5, 2017

Chinese Report Confirms Government Measures Enhance Real Estate Growth

Beijing — A report by Globe Server, a global economic consulting firm based in Beijing, said the measures adopted by the Sultanate’s Government and demographic trends are expected to boost the growth of Oman’s real estate sector.

The report added …

UN Survey Finds Cybersecurity Gaps Everywhere Except Singapore

Singapore has a near-perfect approach to cybersecurity, but many other rich countries have holes in their defenses and some poorer countries are showing them how it should be done, a U.N. survey showed on Wednesday.

Wealth breeds cybercrime, but it …

Credit Oman Approves Above 2 Million Credits

Muscat — The Board of Directors of the Export Credit Guarantee Agency of Oman (Credit Oman) approved a total credit limit of RO 2,278,000 during its 6th meeting this year held under the chair of Said bin Saleh al-Kiyoumi, Chairman …

MSM Trading Volume Rises in July to RO 75.4 Million

Muscat — The volume of trading at Muscat Securities Market (MSM) in July 2017 increased to RO 75.4 million compared to RO 41 million in June 2017, when the market recorded the lowest trading levels this year.

MSM was affected, …

Petroleum Refineries Products Rise 12 Percent in 1st Half of 2017

Muscat — The production of refineries and petroleum industries companies in the Sultanate during the first half of 2017 rose by 12% compared to the production recorded during the same period of 2016, according to the statistics issued by the …

Sultanate Fixed Telephone Lines Exceed 464K in June 2017

Muscat — The Sultanate’s total number of fixed telephone lines as of June this year stood at 464,989, marking a rise by 10.1% compared to the end of 2016.

The fixed prepaid and postpaid lines increased by 3.1% to reach …