Oman’s capital market size grows to RO 20.24 bn in pandemic-hit 2020 Published: 7:46 PM, Jun 09, 2021
17 CMA 2020
CONRAD PRABHU
@conradprabhu
Oman’s capital market grew a significant 7.86 per cent in volume to reach a value of RO 20.24 billion at the end of 2020, up from RO 18.77 billion a year earlier – an increase that attested to heightened trading activity and investment interest notwithstanding disruptions unleashed by the pandemic and the wider economic downturn.
The Capital Market Authority (CMA) ascribed the market’s positive performance partly to the array of measures adopted by the regulator, in conjunction with other government stakeholder institutions, to help mitigate pandemic-related impacts to trading operations.
By: Times News Service
Muscat: The Sultanate on Wednesday evening saw the emergence of a flaming fireball in the sky over some regions.
Speaking exclusively to the Times of Oman, Yusuf bin Zahir Al Salmi, Official of Al Huwqain Astronomical Observatory, said: Eyewitnesses from Al Huwqain, Wadi Bani Ghafir villages in the Wilayat of Rustaq in South Al Batinah Governorate and from the Wilayats of Ibri, Yanqul, and Dhank in Al Dhahirah Governorate, reported that at exactly 8:28 pm on Wednesday’s evening the 15th of Ramadan, April 28, 2021, a very bright white light was seen tending to blue, penetrating clouds, starting from the northeast, heading to the southwest, and after a few seconds an explosion followed.”
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KUWAIT CITY, April 28: A number of garage workers, repairing and selling auto parts in Al Salmi scrapyard have demanded that a solution be found to the problem of stray dogs in the area.] The workers said the cleaning companies should pay attention to removing scrap waste, and garbage which more often than not overflow with car tires and pieces of rickety cars and remain for a long time until they are removed.
Stray dogs – a common sight at the Salmi scrapyard
Mohammad Al-Zaini, an official of an auto parts workshop in Al-Salmi, said stray dogs have already become a menace in all streets of Al-Salmi Scrap area, which requires a solution, especially as it becomes frightening and the dogs can attack the workers any moment. Muhammad Ali, a seller of used spare parts says neglect and slums are widespread in Al Salmi scrapyard, pointing out that the problem is not only in stray dogs, but in the lack of commitment by garbage companies to lift garbage on time, indicating som
Transformation of MSM to Muscat Stock Exchange completed
By: Times News Service
Muscat: An Omani closed joint stock company has been established under the name of Muscat Stock Exchange (MSX), from Saturday (April 10, 2021) to takeover and undertake all activities and functions of the Muscat Securities Market (MSM).
This was in accordance with the Royal Decree No. 5/2021 issued by His Majesty Sultan Haitham bin Tarik, dated January 5, 2021 (Royal Decree). In accordance with the Royal Decree, all assets, liabilities, activities, rights and functions of MSM stand transferred and assigned to MSX.
The Muscat Stock Exchange will operate under the umbrella of Oman Investment Authority (OIA), which has been established to provide financial solutions to the Sultanate s diverse and growing economic demands.
Nasser Al Salmi brings more than three decades of hands-on industry know-how to the carrier, including pivotal operational expertise from his most recent role as chief operating officer at Gulf Air.