19 Hrs
Source:
أثير
SAR 1bn and 9 Reports
The Omani economic bulletin reported the signing of agreements and memoranda of understanding with China worth nearly OMR 1 billion. The Competition Protection Center opened investigations into nine complaints and notifications and reviewed six applications for economic concentration. Oil production through the end of September 2026 rose 12.3% to 305.14 million barrels, while exports increased 2.5% to 235.84 million barrels. The average oil price also climbed 14.7% to USD 82.6 per barrel. A Central Bank report highlighted the resilience of the financial system, with capital adequacy reaching 18.8% and liquidity coverage standing at 195%. Meanwhile, 15 Omani companies are preparing to take part in a food and hospitality exhibition in Shanghai. On the Muscat Stock Exchange, the industrial sector index gained 17 points, while the main index fell 70 points and trading value declined 43% to OMR 180.1 million.
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