Muscat: Gold prices recovered today from their lowest level in six months, buoyed by short-covering activities, as investors keenly awaited a major US inflation report that could shed further light on interest rate expectations. Gold prices experience…
Business
Financial Services Authority Greenlights OMIFCO’s IPO Prospectus
Muscat: The Financial Services Authority (FSA) has approved the prospectus for the initial public offering (IPO) of the Oman India Fertiliser Company (OMIFCO), paving the way for the offering of a stake in the company and its listing on the Muscat Sto…
Results Announced for 11th Local Sovereign Sukuk Issue
Muscat: Oman Sovereign Sukuk Company SAOC, on behalf of the Government of the Sultanate of Oman, represented by the Ministry of Finance, announced the subscription results of the 11th local sovereign sukuk issuance, with a total issuance value of RO 1…