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- Qatari firm to invest $29.7 billion in Egypt coastal development
18/09/2025 04:38 AST
The Central Bank of Oman (CBO) reduces the interest rate on its repurchase operations with local banks by 25 basis points (0.25 percent) starting Thursday, to 4.75 percent.
The statement issued by the Central Bank of Oman clarified that this comes in line with the monetary policy of the Central Bank of Oman, which aims to maintain a fixed exchange rate for the Omani riyal and is consistent with the structure and nature of the Omani economy.
This change also includes a number of advantages for the Sultanate of Oman, including, but not limited to the stability of the national currency, avoiding unusual cross-border capital movements, and enhancing investor confidence by eliminating the risk of exchange rate fluctuations.
This change is expected to contribute to boosting economic activity in the country by lowering financing costs, thereby increasing investment volume and supporting consumption resulting from increased lending.
ONA
04/11/2025
Asyad Group, the global integrated logistics provider, is currently taking part at ADIPEC 2025 in Abu Dhabi, being held during 3-6 November. The Group showcases a comprehensive model of its logistics
ONA
29/09/2025
Asyad Shipping Company, a subsidiary of Asyad Group, on Sunday announced a strategic investment in the purchase of three Newcastlemax dry bulk carriers as part of its growth strategy.
The a
Muscat Daily
26/05/2025
Oman's Asyad Shipping on Saturday announced the purchase of two crude oil tankers, among the largest in the world, with a capacity of up to two million barrels per vessel.
This strategic mov
Asharq Al Awsat
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07/11/2025
A real estate arm of Qatar's sovereign wealth fund said Thursday it will invest $29.7 billion in a tourism and residential development project on Egypt's northern coast - as the country seeks investm
Gulfnews
07/11/2025
The UAE's Islamic finance sector is entering a new phase of accelerated growth, backed by a national strategy that aims to more than double Islamic banking assets and sukuk listings by 2031. This mov
Khaleej Times
07/11/2025
Across the Middle East, financial access has expanded faster than ever before. Millions now use mobile apps to simply and quickly pay, transfer, and track money. In Saudi Arabia and the UAE, mobile p
Khaleej Times
07/11/2025
The General Real Estate Authority has posted a draft framework on the government's "Istitlaa" platform to regulate the correction of violations related to rules governing relations between landlords
Asharq Al Awsat
07/11/2025
Saudi Arabia's Small and Medium Enterprises General Authority, known as Monsha'at, has signed a memorandum of understanding with LinkedIn during the Biban 2025 Forum, held from November 5 to 8 at the
Arab News
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