Category Archives: Economics

Oman Oil Price Declines 23 Cents

Muscat — Dubai Mercantile Exchange (DME) said

that Oman oil price (October delivery 2017) reached 50.44 US Dollars.

The DME statement today said that the price of Oman oil

declined 23 cents from the price of yesterday “Monday,” which was…

MSM Gains 43 Points

Muscat — Muscat Securities Market (MSM)

general index (30) today gained (43.3) points, comprising a rise by

(0.87%) to close at (5047.01) points, compared to the last session,

which stood at (5003.68) points.

The trading value today stood at (RO …

TEXAS OFFICIALS SAY AT LEAST NINE DEAD AS HARVEY FLOODING CONTINUES

Rain pelted this battered city anew Monday as emergency teams � aided by a growing contingent of citizen-rescuers � plunged into waist-deep water seeking people stranded by devastating, historic flooding in the wake of Hurricane Harvey.

Officials in Texas said …

Canadian ACI Report Confirms Passenger Traffic Growth in Muscat Airport

Muscat — A report issued by the Airports Council International (ACI), based in Montreal, Canada, confirmed that passenger traffic in Muscat International Airport is growing rapidly.

The report, published by the Travel Daily News on its website, said passenger traffic …

Credit Oman General Assembly Approves Amending its Articles of Association

Muscat — The Ordinary and Extraordinary General Assembly of the Export Credit Guarantee Agency of Oman (Credit Oman) today held a meeting under the chair of Said bin Saleh al-Kiyoumi, Chairman of the Credit Oman Board of Directors (BoD), Chairman …

INDIA AND CHINA AGREE TO END BORDER STANDOFF

India and China have agreed to an “expeditious disengagement” of troops in a disputed border area where their soldiers have been locked in a stand-off for more than two months, India’s foreign ministry said on Monday.

The decision comes ahead …