Category: ECONOMY

Oman’s inflation falls in second quarter

Oman’s inflation of the producer price index (PPI) declined by 13.9 per cent in the second quarter of 2015 compared to the same quarter last year, according to data released by National Centre for Statistics and Information (NCSI).

Oman’s Shura discusses draft budget, 9th plan, oil price fall impact

Majlis Al Shura hosted Darwish bin Ismail Al Balushi, Minister Responsible for Financial Affairs, Deputy Chairman of the Financial Affairs and Energy Resources Council, Dr. Ali bin Masud Al Sunaidy, Minister of Commerce and Industry, Deputy Chairman of the Supreme Council for Planning, and Sultan bin Salim Al Habsi, Secretary General of the Supreme Council for Planning, to discuss 2016 draft budget and draft 9th five-year plan (2016-2020).

Market capitalisation of bonds, sukuk crosses OMR1.8b

Market capitalisation of bonds and sukuk traded on the Muscat Securities Market (MSM) has crossed OMR1.8 billion, reflecting a continuation of the growth the bourse achieved over this year after listing the first OMR250 million worth of sovereign sukuk issued by the Sultanate’s Government.

national day
Oman celebrates 45 years of glorious achievements

The Sultanate, full of pride and trust, will celebrate Wednesday the 45th Glorious National Day. The blessed modern Renaissance is continuing its endeavours to achieve more progress and prosperity for the Sultanate under the wise leadership of His Majesty Sultan Qaboos.