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Oman realty law to fuel demand

Omani officials are considering a new law that will address potential problems in the real estate industry arising as a result of the global financial crisis, according to the recent GCC real estate report by Global Investment House.

MSM post gains as volume rises


MUSCAT — The MSM-30 Index rose 0.56 per cent yesterday to close at 6,132 points with 29 advances and 12 declines out of 57 traded securities.

Oman March inflation falls

DUBAI: Oman's annual inflation rate fell for a fourth month to 6.9 percent in March, its lowest level in 19 months, as food and housing cost pressures eased and growth in money supply fell, official data showed.

Oman posts $4.1bn 2008 budget surplus

DUBAI: Non-OPEC oil producer Oman posted a budget surplus of 1.58 billion rials ($4.1 billion) in 2008, the highest in at least seven years, as revenues from oil exports surged, official data showed.

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