Category: News



ECONOMY
oil
Oman’s petrol output falls 12.9 per cent in January

The Sultanate’s petrol production in January posted a 12.9% fall year-on-year, with output shrinking to 6.07 million barrels as against 6.97 million barrels last year, according to the latest data released by the National Centre for Statistics and Information (NCSI). The total petrol output last year stood at 85.96 million bbl.

Banking & Finance
m1
Meethaq hosts lecture on Islamic financial planning

Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, as part of its commitment to raise awareness on Islamic banking and finance, organised a lecture on ‘Financial Planning – Islamic & Social Aspects’ by Sheikh Salim bin Ali Al Namani, Lecturer and Mentoring Expert at Sultan Qaboos University.

ECONOMY
dubaimall1
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. […]