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Oman's inflation falls to 2.6% despite higher food prices

Despite the increase in prices of many food items, Oman’s annual inflation rate decreased to 2.6 per cent in July, thanks to the stability in prices of fuel, rent, water, electricity and telecom services. ....

International Monetary Fund , Central Bank , World Bank , Kuwait Based Kamco Investment , Financial Stability Report ,

Oil price rally sharply reduces borrowing needs in GCC

He oil price rally this year has significantly improved the economic outlook of GCC countries and sharply reduced the borrowing needs of sovereigns and corporates in the region. ....

Saudi Arabia , Kuwait Based Kamco Investment , Kamco Investment ,

Kuwait's Kamco Invest's net profit swells 133% to $11.7m in Q1

RIYADH: Kuwait-based Kamco Investment Co. posted a profit surge of 132.7 percent in the first quarter of 2022, driven by revenue growth. The net profit soared to 3.6 million Kuwaiti Dinar ($11.7 million) in the first quarter, from 1.5 million Kuwaiti Dinar in the same period last year, the company reported. The increase was attributed to the surge in revenue for the same ....

Saudi Arabia , Ar Riya , Kamco Investment Co , Kuwait Stock Exchange , Kuwait Based Kamco Investment , Kuwaiti Dinar , Boursa Kuwait , Middle East , Al Ahsa , Al Kharj , Khalij Times , Gulf News , Saudi Gazette , King Abdullah , Obs In Saudi , Work In Saudi Arabia , Hajj عرب نيوز ,

MSX-listed firms post total net profits of $1.4bn for 2021

Omani companies which are listed on the Muscat Stock Exchange (MSX) reported total net profits of US$1.39bn for the year 2021. ....

Saudi Arabia , National Bank , Kamco Investment Company , Bank Muscat , Muscat Stock Exchange , Kuwait Based Kamco Investment , Kamco Investment ,