Category Archives: Business & Finance

Oman Oil Price Declines 53 Cents

Muscat, Dubai Mercantile Exchange (DME) said

that Oman oil price (December delivery 2019) reached 60.37 US


The DME statement today said that the price of Oman oil declined 53

cents from the price of yesterday “Monday,” which was 60.90 US


As Many as 310 Cruise Ships to Visit the Sultanate as Tourism Season Begins

Muscat, The cruise ships season visiting the

Sultanate’s ports due to begin tomorrow (Wednesday) within the winter

tourist season (2019/2020), which runs from October until the end of

April each year.

It is expected that 310 ships will visit the Sultan Qaboos …

Bank Muscat, OHB Sign RO 50 Million Financing Agreement

Muscat, Bank Muscat and Oman Housing Bank (OHB), the Sultanate’s nodal housing finance institution, have entered into a long term financing agreement. Under the agreement, Bank Muscat has committed to provide up to RO 50 million in long-term financing to support OHB’s …

MSM Gains One Point

Muscat, Muscat Securities Market (MSM) general

index (30) today gained (1.73) point, comprising a rise by (0.043%) to

close at (4013.92) points, compared to the last session, which stood

(4012.19) points.

The trading value today stood at (RO 1,557,948), comprising a

rise …