Browsing: Business
The International Monetary Fund (IMF) and the World Bank, which are meeting in Washington and are grappling with the impact of the Russian conflict with Ukraine, are focusing on the growing crisis of food insecurity and the skyrocketing prices of
The OPEC Fund for International Development (OFID) signed a $15 million loan agreement with the government of Malawi to increase water supply and expand sanitation systems in Dowa Town and nearby areas to improve living conditions for an estimated 100,000
The International Monetary Fund and Lebanon have reached a tentative agreement on Economic Policies with Lebanon for a Four-Year Extended Fund Facility. However, financial experts and analysts remain unconvinced that the Lebanese political elite, widely criticized for rampant corruption, will
Khazaen Economic City Oman has signed an agreement with Al Janabi International Investment Company to establish a factory that will produce cement products. For the first phase of the project, Al Janabi International Investment Company will invest RO 2 million. In
Jordanian Finance Minister Mohammad Al-Ississ discussed ways to enhance bilateral cooperation in the areas of finance, tax and customs with Saudi Finance Minister Mohammad Al-Jadaan. In the course of the meeting which was held at the sidelines of the Joint
The Sultanate of Oman, represented by the Ministry of Finance, presided over the annual meetings of the joint Arab financial institutions as well as the 45th meeting of the Board of Governors of the Arab Monetary Fund (AMF), held in
An international consortium consisting of OQ, InterContinental Energy and EnerTech has announced progress in the development of the Green Energy Oman (GEO) integrated green fuel project. The project aims to produce 25 gigawatts (GW) of renewable solar and wind energy,
The Capital Market Authority (CMA) and the Supervisory Authority of Insurance and Social Welfare (ACAPS) in Morocco have signed a Memorandum of Understanding (MoU) in the field of supervision and auditing of the insurance sector. The MoU was signed by
The State’s general revenues soared 85.2% to RO 803.3 million by January 2022 from RO 433.7 million during the corresponding period in 2021, driven primarily by a surge in oil and gas production rates and prices. The monthly financial accounts
Over 30 senior Saudi manufacturers and exporters in the constructions and foodtuff sectors took part in a commercial mission organized by Saudi Exports Development Authority (SAUDI EXPORTS) today in Oman. This mission targets 70 Omani companies and follows the signing