Category Archives: Economics

MSM Declines 39 Points

Muscat — Muscat Securities Market (MSM) general

index (30) today lost (39) points, comprising a decline by (0.78%) to

close at (4938.53) points, compared to the last session, which stood at

(4977.53) points.

The trading value today stood at (RO …

Oman Oil Price Declines 1.12 US Dollar

Muscat — Dubai Mercantile Exchange (DME) said

that Oman oil price (October delivery) reached 49.35 US Dollars.

The DME statement today said that the price of Oman oil declined

1.12 US Dollar from the price of yesterday “Monday” which was …

CBO Treasury Bills Tender Results

Muscat — A tender of Government Treasury Bills,

issue number 040, was held at the Central Bank of Oman (CBO) this

week. The results of issue are as follows: the total value of the allotted

Treasury bills amounted to RO …

HM The Sultan Congratulates Korean President

Muscat — His Majesty Sultan Qaboos Bin Said has sent a cable of congratulations to President Moon Jae-in of the Republic of Korea on the occasion of his country’s Independence Anniversary.

In his cable, His Majesty expressed his sincere congratulations …


The decision by Qatar to scrap visa for citizens of 80 countries, with immediate effect, has been welcomed by travel agents and citizens in Oman.

The UK, US, Canada, India, South Africa, Seychelles, Australia and New Zealand are among those …

Usain Bolt Pulls Hamstring in Last Ever Race

London — It is not the way he would have wanted

his illustrious career to end, but Usain Bolt, the greatest sprinter in

history, bid farewell to his sport by tearing his hamstring in the final of

the 4x100m and …