Washington, (QNA) - The Wall Street Journal noted that although US Federal Reserve stopped raising interest rates last summer, it is quietly tightening monetary policy through reducing its $7.7 trillion holdings of bonds and other
Riyadh, SPA -- The Saudi EXIM Bank has signed an insurance agreement with SABIC to cover its sales on Letter of Credit basis worldwide. This strategic partnership will enable SABIC to insure their international sales
DUBAI, (WAM) -- The UAE’s GDP is expected to expand by over 5 percent in 2024, exceeding the 2.8 percent growth expected for the global economy, according to Standard and Poor's Global Ratings projections. Tatiana
DAVOS, (WAM) -- Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, emphasised that the rapid growth observed in the global generative artificial intelligence market reflects that
Muscat, (ONA) --- Oman oil price (March delivery 2024) today reached 77.92 US Dollars, comprising a drop by 15 cents compared to the price of yesterday (Monday) which stood at 78.07 US Dollars. The average
MUSCAT, Bank Muscat, the flagship financial institution in the Sultanate of Oman, announced its preliminary unaudited results for the year ended 31 December 2023. The Bank posted a net profit of RO 212.45 million for
Muscat, (ONA) --- Moody's Investors Services today assigned ‘Very Good’ rating to the Sultanate of Oman’s “integrated framework for sovereign sustainable financing”, which was evaluated within the parameters of the global Sustainability Quality Score (SQS2).
Duqm, (ONA) --- The Special Economic Zone at Duqm (SEZAD) continues attracting tourism-related economic development projects. Accordingly, today saw the opening of the three-star Royal Plaza Hotel. The opening ceremony was held under the auspices
Doha, (QNA) - Qatar Development Bank (QDB) announced that it has provided financing guarantees amounting to QR 1.2 billion in 2023 to small and medium-sized enterprises (SMEs) in the State of Qatar, as part of
The Oman Debates Center and Qatar Debates Center, in collaboration with the Ministry of Culture, Sports, and Youth, concluded the inaugural "Oasis of Dialogue" forum on Sunday. The main theme of the forum was "Identity
