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Oman Oil Price Declines USD 1.24

Oman oil price (October delivery 2024) today reached USD 77.84, comprising a decline by USD 1.24, compared to the price of last Friday, which stood at USD 79.08.

The average price of Oman oil (August delivery 2024) stabilized at USD 82.50 per barrel,…

Germany’s Manufacturers Order Backlog Falls in June

Germany’s manufacturers order backlog fell for the sixth month in a row in June, in another sign of the sluggish state of Europe’s largest economy.

According to the German Federal Statistical Office, German manufacturers saw a 0.2 percent decrease in…

Germany’s Manufacturers Order Backlog Falls in June

Germany’s manufacturers order backlog fell for the sixth month in a row in June, in another sign of the sluggish state of Europe’s largest economy.

According to the German Federal Statistical Office, German manufacturers saw a 0.2 percent decrease in…

Oman Central Bank Issues Treasury Bills Worth OR 27 Million

Oman Central Bank (OCB) has announced that the total value of government treasury bills allocated for this week amounted to OR 27 million.

The OCB explained, in a statement Monday, that the value of the bills allocated for a maturity period of 28 day…

European Shares Flat After Best Week in Three Months

European shares opened flat on Monday, following their best weekly jump in three months, as investors prepared for another data-heavy week, with focus on US Federal Reserve Chair Jerome Powell’s speech at Jackson Hole for interest rate cut clues.

The…

Oman’s Public Revenues Down 2% in Q2 2024

Public revenues in the Sultanate of Oman decreased by 2 percent year-on-year during the second quarter of 2024, reaching about OR 6 billion and 197 million, compared to OR 6 billion and 342 million in the same period of 2023.

Data issued by the Omani…

Malaysia’s Economy to Grow by Over 5% in Q2

Several financial institutions have raised their expectations for Malaysia’s economic growth this year to more than 5 percent after it recovered in the first half of the year, with some institutions’ expectations exceeding government expectations.

Th…

Spain’s trade gap narrows in June

MADRID: Spain’s foreign trade deficit decreased in June from a year ago as imports fell faster than exports, preliminary data from the Economy Ministry showed on Monday.

The trade deficit dropped to pound 0.71 billion (US$0.78 billion) in June from p…

S. Korea’s Exports Surge 13% Over Last Decade

The volume of South Korean exports increased by 13% over the past decade.

A report by the Federation of Korean Industries said that the value of exports grew from $559.6 billion in 2013 to $632.2 billion in 2023.

The data also indicated that South K…

Japanese Stocks Fall as Yen Strengthens

Japanese stocks fell at the end of the first trading session of the week, with mining, export and retail companies underperforming as the yen appreciated against the dollar, and after official data indicated weak capital spending for domestic companie…

With growing exports, Vietnam to tackle related challenges

HANOI: Although gaining strong growth in export turnover in the first seven months of this year, Vietnam still faces many challenges to maintain the high growth in the export until this year-end, according to a Vietnam News Agency (VNA) report on Mond…

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