Day: September 16, 2024

CBO Board of GovernorsReviews Report on Financing SMEs

The Board of Governors of the Central Bank of Oman (CBO) today convened its third meeting for this at CBO head office, Muttrah Business District.

During its meeting, the Board affirmed the preparedness of the CBO to implement the partial payment syst…

Gold Hits All-Time High on Deeper Fed Rate Cut Expectations

Gold prices surged to record highs today, driven by a softer dollar and expectations of a larger interest rate cut by the US Federal Reserve this week.

Spot gold was up 0.4% to $2,585.54 per ounce, after hitting an all-time high of $2,588.81 earlier …