Daily Archives: June 6, 2020

This Week’s Economic Bulletin..

MSM Rises 5 Points During May 2020

Muscat, Muscat Securities Market (MSM) general index (30) during May 2020 added (5.12) points, comprising a rise by (0.14%) to close at (3544,58) points, compared to (3539,46) points during April 2020.

The monthly bulletin released …

Private Deposits in Commercial Banks Grow by 8.8 Percent till March

Muscat, Total deposits held with ODCs registered a growth of 8.8 percent and stood at RO13,697.7 million at the end of March 2020, compared with RO12,708 million during the same period in 2019, according to the bulletin issued by the Central Bank …

The Sultanate’s Hotels Revenue Falls 24% During March 2020

Muscat, The total revenue of the Omani hotels in the three-to-five-star category fell by 24% to RO54.2 million until the end of March 2020 compared to RO71.3 million for the same period of 2019.
However, hotel occupancy rates fell by 25% to …

Commerce, Industry Ministry Supports Inventors

Muscat, The Ministry of Commerce and Industry is making great efforts to support inventors to conduct a preliminary search of their inventions and provide them with the research results, so that they can know the strength of their ideas and the possibility …