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MSX closes the week lower by 0 33 per cent

MSX closes lower, led by financial sector scrips

The MSX30 Index ended the week lower by 2.99 per cent. All sub-indices ended lower as well. Services & Financial Index closed lower by 1.77 per cent and 2.58 per cent, respectively while Industrial index closed down by 1.52 per cent. MSX Shariah Index closed lower by 1.77 per cent.Ominvest, in its EGM held on November 17, obtained its shareholders' approval.

Ominvest to issue Perpetual Sukuk worth RO 52 million

BUSINESS REPORTERMUSCAT, NOV 29In its recent Extraordinary General Meeting (EGM), Oman International Development & Investment Company SAOG (Ominvest) obtained its shareholders’ approval to issue Unsecured Subordinated Perpetual Sukuk Al Mudaraba Certificates (Sukuk) worth RO 52m.The Sukuk will be issued by Ominvest and exchanged for shares (Treasury.

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