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Investors seen restructuring their portfolios on Muscat Stock Exchange

MSX index declines in weekly trading

MSX market capitalisation reaches OMR23 94bn

Al Maha, Al Qalaf Marine partners on 4-stroke marine engine oil

Al Maha Petroleum Products Marketing, recently announced the signing of a distributorship agreement with Al Qalaf Marine Services for the exclusive distribution of AMPRO AQUA 4S, a cutting-edge 4-stroke marine engine oil.

Fuel uptake yet to return to pre-pandemic levels in Oman

Fuel uptake yet to return to pre-pandemic levels in Oman CONRAD PRABHU Pandemic-induced disruption continues to impact fuel sales across all business segments one year on 17 Fuel consumption yet to return to pre-pandemic levels in Oman SHARE Despite the passage of a year since Covid19 struck the Sultanate with devastating economic consequences, fuel consumption – an important indicator of economic activity still remains well below pre-pandemic levels, much to the unease of the country’s fuel marketing companies. All three of Oman’s leading fuel marketers have reported continued impacts to retail and bulk fuel sales due to pandemic-induced factors, chiefly closures and mobility restrictions, switch to work-from-home mode, sluggish consumer demand, and the uncertain economic outlook.

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