September

Omantel Group Records Robust Financial Performance with 28.7% Surge in Net Profit

Omantel Group, a major telecommunications player, reported a substantial 28.7% surge in net profit, reaching RO251mn for the first nine…

2 years ago

China’s Industrial Output and Retail Sales Surge, Boosting Recovery Hopes

China's economic outlook shows improvement as industrial output and retail sales beat expectations in October. Industrial output accelerated to 4.6%,…

2 years ago

Navigating Inflation Trends and Fiscal Resilience in Oman

Oman's recent economic landscape reveals a noteworthy decline in inflation, reaching its lowest level since March 2021. The Sultanate's Consumer…

2 years ago

Assessing Canada’s Economic Challenges Amidst the Threat of Recession

The Canadian economy's recent performance paints a sobering picture, with stagnant GDP figures in August and a looming threat of…

2 years ago

Bank of England Holds Steady Amidst Economic Challenges

The Bank of England's recent decision to maintain historically high-interest rates reflects its commitment to navigating a challenging economic landscape.…

2 years ago

Navigating the India-Canada Visa Row- A Path to Peaceful Resolution

The ongoing diplomatic tensions between India and Canada, triggered by serious allegations, have posed significant challenges for both nations. The…

2 years ago

The Bank of England’s Vigilant Monitoring of Interest Rates Maintains Stability in the Face of Economic Uncertainty

The Bank of England's upcoming interest rate decision underscores the fine balance it must strike in managing inflation and supporting…

2 years ago

Bank Muscat Achieves Remarkable Growth with RO159mn Net Profit for the First Nine Months of 2023

Bank Muscat has reported a commendable 7.1% year-on-year growth in net profit for the first nine months of 2023, totaling…

2 years ago

Omani Banks Receive Fitch Ratings Upgrade; A Positive Turn for the Banking Sector

Fitch Ratings has recently upgraded five major Omani banks' long-term issuer default ratings (IDRs). Bank Muscat, BankDhofar, NBO, Ahlibank, and…

2 years ago

Morocco’s Ambitious Plans to Revitalize Tourism Sector Post-Earthquake

Ambitious goals and attractive incentives for investors mark Morocco's determined efforts to revitalize its tourism sector post-earthquake. With plans to…

2 years ago