Sohar: Oil prices declined today as traders assessed the possibility of increased Venezuelan crude oil production, boosting expectations of ample global supply this year amid weak demand. Brent crude futures fell 0.2% to $61.62 per barrel, while US We…
Business
Oman Global Financial Center to Bolster Financial Sector’s Role in Achieving Economic Diversification Targets
Muscat: The establishment of Oman Global Financial Centre, approved by the Council of Ministers in its meeting today, marks a strategic calculated step based on comprehensive studies of global and regional experiences.
According to Oman News Agency,…
Agreement Signed to Provide RO 15 Million in Funding for Enterprises
Muscat: The joint committee between the Ministry of Finance and the Saudi Fund for Development (SFD) for managing the Medium, Small and Micro Enterprises (MSME) Support Program signed a financing agreement today in Muscat worth RO 15 million with the …