Egypt-Oman trade exchange reaches $858m in ’24 – CAPMAS
Egypt and Oman recorded a trade exchange of $858 million in 2024, a decrease from $908 million in 2023.
Browsing Tag
Oman
Oman’s Asyad Group to IPO stake of shipping unit
Oman's state-owned Asyad Group plans to sell at least 20 per cent of its shipping unit, Asyad Shipping Co, through…
Oman c. bank cuts repo rate by 25 basis points
The Central Bank of Oman (CBO) has decreased its repo rate for local banks by 25 basis points to 5.00 per cent,…
World Bank: GCC region economic growth to accelerate by ’26
Economic growth in the Gulf Cooperation Council (GCC) region is forecast to reach 1.6 per cent in 2024, with a…
Al Majed for Oud soars in Saudi IPO
Al Majed for Oud Co., a Saudi Arabia-based perfume maker, surged by the maximum limit in its Riyadh stock market…
S&P upgrades Oman’s credit rating to ‘BBB-’
S&P Global Ratings upgraded Oman’s long-term foreign and local currency sovereign credit ratings from ‘BB+’ to…
Oman wants to expand LNG export capacity by a third
Oman plans to build a new liquefied natural gas (LNG) train near Qalhat, increasing its export capacity by…
Nvidia partners w/ Qatar’s Ooredoo for AI Middle East expansion
Nvidia has signed a deal to deploy its AI technology at data centers owned by Qatari telecoms group Ooredoo in five…
Vietnam’s VinFast taps Africa via Ghana
Vietnamese automaker VinFast is partnering with Ghana’s Jospong Group to distribute its electric vehicles (EVs) in…
Oman’s inflation hikes 1.9% in Feb.
The inflation rate in the Sultanate of Oman increased 1.9 per cent in February 2024 compared to same month a year…