Category Archives: Economics

WhatsApp Rises as Major Force in News Media

London — WhatsApp is becoming one of the

prevailing ways people discover and discuss news, according to a

study.

But use of the messaging app appears to vary widely between

countries.

In Malaysia, more than 50% of those surveyed said …

Ancient Al Nuri Mosque Destroyed in Mosul

Baghdad — Iraqi Prime Minister Haider al-Abadi

said the destruction of an ancient mosque in the city of Mosul is “an

official declaration of defeat” by so-called Islamic State (IS), according

to the BBC.

Iraqi forces said IS blew up …

Oman Oil Price Declines 1.29 US Dollar

Muscat — Dubai Mercantile Exchange (DME) said

that Oman oil price (August delivery) reached 44.47 US Dollars.

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

1.29 US Dollar from the price of yesterday “Tuesday,” which was …

MSM Declines 73 Points

Muscat — Muscat Securities Market (MSM)

general index (30) today lost (73.6) points, comprising a decline by

(1.42%) to close at (5121.47) points, compared to the last session,

which stood at (5195.12) points.

The trading value today stood at (RO …

Oman Sail Yachtsmen Celebrate Winning Classic Giraglia Rolex Cup Race

Muscat — Two Omani sailors are celebrating their success in one of the Mediterranean’s most prestigious and popular yacht races. Oman Sail yachtsmen Sami al-Shukaili and Mohammed al-Mujani were both among the crew aboard DHL Adelasia Di Torres, which has …

Oman Oil Price Declines 4 Cents

Muscat — Dubai Mercantile Exchange (DME) said

that Oman oil price (August delivery) reached 45.76 US Dollars.

The DME statement today said that the price of Oman oil declined 4

cents from the price of yesterday “Monday,” which was 45.80 …