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Tag: finance

Rising Commercial Bank Balances Signal Robust Credit Growth: Implications for Investors and Businesses in Oman

MUSCAT: Conventional banks in Oman expanded lending, with total credit rising 7.2% from June 2024 to June 2025. Credit to

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RO 50.15 Million Treasury Bills Allocated This Week: What It Means for Investors and Businesses in Oman

The total value of government treasury bills allocated this week reached RO 50.15 million, all with a 91-day maturity. The

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Stocks Surge Amid Anticipation of Fed Revamp: Implications for Investors and Business Owners

Global shares rose on Friday, as optimism grew that US interest rates may fall further this year, bolstered by robust

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US Tariffs on Imports: What the Flat Gold Trade Means for Investors and Businesses

Gold surged 0.81% above $3,400, settling near $3,396. US tariffs on gold imports caused a record $102 spread between NYC

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EDO Reports $3.776 Billion in Q1 2025 Revenues: Key Insights for Investors and Business Owners in Oman

Energy Development Oman SAOC (EDO) reported Q1 2025 revenues of $3.776 billion, down from $4.005 billion in the same period

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Bank of England’s Scrutiny on Lenders: Implications for Dollar Exposure in Your Investments

The Bank of England has asked some lenders to test their resilience to potential US dollar shocks, reflecting concerns over

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Clarifying Certification Rules: How New MoL Guidelines Impact Accounting and Auditing Professionals in Oman

The Ministry of Labour clarified that starting September 1, 2025, all Omani and expatriate employees in accounting, finance, and auditing

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New Work Permit Requirements for Accounting Jobs in Oman: Implications for Businesses and Investors

Muscat: The Ministry of Labour has announced that starting September 1, 2025, obtaining a Professional Classification Certificate in accounting, finance,

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New Clarification on Professional Classification Certificates: How It Impacts Accounting Careers and Business Operations in Oman

Muscat: Starting September 1, 2025, all workers in accounting, finance, and auditing must obtain a Professional Classification Certificate for work

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Oman’s Domestic Liquidity Surges by RO 1.8 Billion: Implications for Investors and Businesses

MUSCAT: By the end of April 2025, Oman saw domestic liquidity rise to RO 25.369 billion, a 7.5% increase from

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