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Muscat Stock Exchange trades jump to 21.2 million Omani riyals last week Sat, 28 Sep 2024 23:30:25 +0300 Muscat - Saba: The value of trading on the Muscat Stock Exchange jumped last week to 21.2 million Omani riyals compared to 9.3 million Omani riyals in the previous week, recording a 126 percent increase, benefiting from investors' interest in bank shares and a number of other leading companies whose shares declined during the past weeks and became more attractive to investors.
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"Standard & Poor's" agency raises Oman rating to "BBB-" Sat, 28 Sep 2024 18:54:33 +0300 New York - Saba: Standard & Poor's has raised the credit rating of the Sultanate of Oman to "BBB-" from "BB+", indicating a stable outlook due to improvements in the country's financial performance.
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Following Resistance Axis's blows, Moody's downgrades Israel's credit rating by two notches Sat, 28 Sep 2024 18:44:58 +0300 Occupied Quds - Saba: Moody's has downgraded the credit rating of the Zionist entity by two degrees, and maintained its negative outlook for the rating due to ‘geopolitical risks’ after the expansion of the Zionist aggression on Lebanon during the past days, and the painful blows the enemy is receiving from the axis of resistance.
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Gold prices stabilize near record high levels Thu, 26 Sep 2024 19:49:06 +0300 SINGAPORE - (Saba): Gold prices stabilized near record high levels in Singapore on Thursday, amid expectations of another significant cut in U.S. interest rates this year.
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Muscat stock exchange index declines at closing Thu, 26 Sep 2024 16:21:34 +0300 MUSCAT - SABA: Muscat Stock Exchange "30" index in Oman fell by 24.6 points, or 0.52 percent, closing at 4701.92 points on Thursday, down from 4726.52 points in the previous session.
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Muscat Stock Exchange Index rises at closing Wed, 25 Sep 2024 23:15:29 +0300 Muscat - Saba: The Muscat Stock Exchange "30" index rose by 10.6 points, or 0.23 percent, on Wednesday, to close at 4726.52 points, compared to the last trading session, which reached 4715.89 points.
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Gold prices stabilize with support from US Reserve Tue, 24 Sep 2024 18:34:22 +0300 SINGAPORE - (Saba): Gold prices stabilized today, Tuesday, after recording their highest level ever in the previous session, following comments from officials at the US Federal Reserve (the central bank) supporting additional interest rate cuts in the future.
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Gold prices stabilize near high records Mon, 23 Sep 2024 21:01:14 +0300 SINGAPORE - (Saba): Gold prices stabilized today, Monday, near record highs, as traders continued to benefit from the momentum resulting from the decision of the Federal Reserve (the US central bank) to cut interest rates, amid expectations of more cuts in the future.
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Muscat stock exchange index rises at closing Mon, 23 Sep 2024 16:54:25 +0300 MUSCAT -SABA: The Muscat Stock Exchange "30" index on Monday rose by 3.4 points, or 0.07 percent, on Monday, to close at 4711.96 points, compared to the last trading session of 4708.53 points.
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Congo to build largest dam for electricity production Thu, 19 Sep 2024 18:08:39 +0300 BRAZZAVILLE - SABA: Official spokesman for the government of the Republic of Congo Thierry Mungala on Thursday announced that his country intends to build the largest dam to produce electricity.
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Gold maintains gains after US interest rate cut Thu, 19 Sep 2024 17:20:51 +0300 SINGAPORE - (Saba): Gold prices stabilized on Thursday, after recording a high record in the previous session, as the Federal Reserve decided to significantly reduce interest rates.
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Gold prices stabilize near highest level ever Tue, 17 Sep 2024 20:28:23 +0300 SINGAPORE - Saba: The gold prices on Tuesday stabilized near their highest level ever, before an expected launch of a cash facility round in the U.S., which the Federal Reserve Council may commence with a great cut in interest rates.
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