Business

Hotel Revenue Exceed RO 52 Million by February 2024

_: Statistics issued by the National Centre for Statistics and Information (NCSI) show that the total revenues of 3 to 5-star hotels in Oman by the end of February 2024 rose by 18.2% to RO 52,388,000 as against RO 44,415,000 during the corresponding p…

State Revenue Exceed RO 1.9 Billion till End of February 2024

Muscat: The State’s public revenues till the end of February 2024 recorded a decline by 9% to stand at RO 1.958 billion compared to RO 2.148 billion during the corresponding period in 2023.

This rise is attributed mainly to the decline

MSX Gains 27 Points

Muscat: Muscat Stock Exchange (MSX) general index (30) today gained (27.1) points, comprising a rise by (0.58%) to close at (4727.73) points, compared to the last session, which stood at (4700.59) points.

The trading value today stood at (RO 3,472,41…

Data Centre Services Launched in All Parts of Oman

Muscat: Oman Broadband Company launched ‘data centre services’ in all governorates of the Sultanate of Oman.

Through its 40+ advanced data centres, the company seeks to significantly contribute to digital transition and realize the goals of economic …

Oman Oil Price Drops 76 Cents

Muscat: Oman oil price (June delivery 2024) today reached 89.59 US Dollars, comprising a drop by 76 cents compared to the price of last (Friday), which stood at 90.35 US Dollars.

The average price of Oman oil (April delivery 2024) has

CBB Sukuk Al Salam securities fully subscribed

Manama, The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al Salam Islamic securities, has been Fully Subscribed by 100%.

Subscriptions worth BD 43 million were received for the BD 43 million issue, which carries maturit…

Bahrain All Share Index closes higher

Manama, Bahrain All Share Index closed at 2,042.07 points, marking an increase of 1.99 points above the previous closing.

This increase was due to the rise in the financial sector, the industrial sector and the real estate sector.

Bahrain Islamic In…

Gold extends record rally amid speculative buying

Singapore, Gold prices extended their record rally on Monday, steered by speculative buying and persistent tensions in the Middle East, which overshadowed strong U.S. payrolls number last week.

Spot gold was up 0.3% at $2,335.73 per ounce, as of 0646…

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