Category: ECONOMY

Arab world must look to a golden age of Islam: Jim Al-Khalili

Leading a discussion on the ‘Forgotten Legacy of Arabic Science’ at the World Government Summit 2016, Jim Al-Kalili, an Iraqi-born British professor of physics at the University of Surrey, presented a talk on the Golden Age of Islam and the era’s important contributions to science, mathematics, medicine, engineering, geography and the world.

U.S. goods exports to the Arab World dipped in 2015

According to new U.S. Government data analyzed by the National U.S.-Arab Chamber of Commerce (NUSACC), exports of U.S. goods to the Middle East and North Africa (MENA) region fell in 2015 to $67.4 billion from $71.4 billion in 2014, a decline of 5.6 percent. This is the first time since 2010 that sales of U.S. […]

Private deposits at commercial banks rise 4.3 per cent

Private deposits at commercial banks in the Sultanate as at the end of November 2015 rose by 4.3 percent to RO 11,639.5 million compared to RO 11,155.5 million in the corresponding period last year, according to a monthly statistical bulletin published by the Central Bank of Oman (CBO).