Trends - Oman - Business Recorder

Oman

Oman expects $1.6 billion budget deficit this year, state news agency reports

DUBAI: Oman expects a 620 million rial ($1.61 billion) deficit in its 2025 budget, with total spending up 1.3% from...

Published 02 Jan, 2025 01:26pm

Sports

Son Heung-min savours win as South Korea kickstart World Cup qualifying campaign

MUSCAT: Son Heung-min said “winning never gets old” after South Korea got their troubled World Cup qualifying...

Published 11 Sep, 2024 01:39pm

Business & Finance

Omani trade delegation visits Pakistan under SIFC auspices

ISLAMABAD: A high-level delegation from the Sultanate of Oman, representing the Ministry of Commerce, Industry, and...

Published 26 Jul, 2024 06:21am

Pakistan

Dar extends Pakistan’s full support to Oman in combating terrorism

ISLAMABAD: Foreign Minister Ishaq Dar on Monday extended Pakistan’s full support to Oman in its efforts to combat...

Published 23 Jul, 2024 08:29am

World

Oman mosque attackers were Omani citizens, police say

DUBAI: The three gunmen who shot and killed six people at a Shia mosque in Oman in an attack claimed by Islamic ...

Published 19 Jul, 2024 06:10am

World

Crew of capsized oil tanker off Oman still missing

DUBAI: The 16-strong crew of a Comoros-flagged oil tanker that capsized off Oman are still missing, the country’s...

Published 16 Jul, 2024 05:15pm

World

FO says 4 Pakistanis killed, 30 injured in gunfire near mosque in Oman

The foreign office (FO) on Tuesday said four Pakistanis were killed and thirty wounded by gunfire near a mosque in...

Updated 16 Jul, 2024 08:51pm

World

Iran’s acting foreign minister says indirect talks with US ongoing via Oman

DUBAI: Iran is still conducting indirect nuclear talks with the United States via Oman, Iran’s Etemad newspaper on...

Published 11 Jul, 2024 05:43pm

Sports

Marcus Stoinis shines as Australia cruise past Oman in T20 opener

BRIDGETOWN: Marcus Stoinis shone with bat and ball as Australia launched their bid for a grand slam of major cricket...

Published 06 Jun, 2024 10:54am

Pakistan

Pakistan envoy for enhancing ties with Oman

ISLAMABAD: Pakistan’s Ambassador to Oman Ali Imran Chaudhry has underscored the importance of addressing strategic...

Published 05 Jun, 2024 06:41am

Sports

Namibia defeat Oman in T20 World Cup after super over thriller

BRIDGETOWN: Namibia scored a nerve-shredding victory over Oman in their T20 World Cup Group B clash in Barbados on...

Published 03 Jun, 2024 10:35am

Sports

Australia skipper Mitchell Marsh not ready to bowl for start of World Cup: coach

Australia captain Mitchell Marsh will be restricted to batting in their T20 World Cup opener against Oman, head...

Published 31 May, 2024 12:27pm

Markets

Iran raises June crude prices to Asia

SINGAPORE: Iran has set the official selling price (OSP) of its Iranian Light crude oil grade for Asian buyers at...

Published 27 May, 2024 09:45am

World

India set to sign trade deal with Oman to expand its Middle East ties

NEW DELHI: India and Oman will sign a trade deal in the coming months, two Indian government officials said, as New...

Published 27 Apr, 2024 12:04pm

World

UAE and Oman sign deals worth $35bn on state visit

DUBAI: Emirati and Omani companies have signed deals worth 129 billion dirhams ($35.12 billion) in sectors including...

Published 23 Apr, 2024 03:03pm

World

Heavy storms soak Gulf as Oman toll rises to 18

DUBAI: Torrential rains and high winds lashed parts of the Gulf on Tuesday as the death toll from storms in Oman...

Published 16 Apr, 2024 05:23pm

World

Iran aims to contain fallout in Israel response, will not be hasty, sources say

Tehran's message to Washington was conveyed by Foreign Minister Hossein Amirabdollahian during visit to Gulf Arab state of Oman

Updated 12 Apr, 2024 11:05pm

World

Iran’s foreign minister visits Oman on regional tour

DUBAI: Iranian Foreign Minister Hossein Amirabdollahian travelled to Oman on Sunday on the first leg of a regional...

Published 08 Apr, 2024 04:46am

Markets

Saudi Arabia slightly raises Arab Light crude price to Asia

Top oil exporter Saudi Arabia raised the official selling price (OSP) for its flagship Arab Light crude to Asia in...

Published 06 Mar, 2024 11:26am

Editorials

In urgent need of assistance

EDITORIAL: Millions of Pakistanis travel to or live and work in other countries, where they may need consular...

Published 25 Feb, 2024 04:51am

World

UK’s Cameron to discuss Houthi attacks on international shipping on Oman visit

British Foreign Secretary David Cameron will travel to Oman on Tuesday where he is expected to call for stability...

Published 30 Jan, 2024 11:47am

Markets

Iran slashes February crude price to Asia

SINGAPORE: Iran has set the official selling price (OSP) of its Iranian Light crude oil grade for Asian buyers at...

Published 17 Jan, 2024 12:32pm

World

Oman flays US, UK strikes on Yemen

MUSCAT: Oman condemned American and British strikes on targets in rebel-held Yemen on Friday, warning of the risk of...

Published 13 Jan, 2024 05:38am

World

Iran seizes oil tanker in Gulf of Oman

DUBAI: Iran seized a tanker with Iraqi crude destined for Turkey on Thursday in retaliation for the confiscation ...

Published 12 Jan, 2024 03:06am

Markets

Oman sets 2024 budget on average oil price of $60/bbl

DUBAI: Oman has set its 2024 budget on an average oil price of $60 per barrel and sees a budget deficit of 640...

Updated 01 Jan, 2024 01:03pm

Markets

Iran lowers January light crude price to Asia

Iran has set the official selling price (OSP) of its Iranian Light crude oil grade for Asian buyers at $3.60 a...

Published 26 Dec, 2023 11:13am

Pakistan

Egypt, Oman, Bosnia, Sri Lanka, Cyprus: Alvi for enhanced cooperation

ISLAMABAD: President Dr Arif Alvi has underscored the need for increasing cooperation with Egypt, Oman, Bosnia, Sri...

Published 20 Dec, 2023 06:00am

World

‘City of jinn’: magical myths haunt ancient Omani oasis

BAHLA: Deep in Oman’s parched interior, the ancient oasis town of Bahla abounds with myths of camel-eating,...

Published 20 Nov, 2023 12:03pm

Business & Finance

Africa will be connected thru Oman & Muscat: FCCI will take up issue to start trans-shipping facility

FAISALABAD: Faisalabad Chamber of Commerce & Industry (FCCI) will take up the issue to start a trans-shipping...

Published 15 Nov, 2023 06:09am

Business & Finance

Fitch upgrades Oman to BB+ on improved public finances

DUBAI: Fitch Ratings upgraded Oman’s credit rating to BB+ on Monday from BB, on the back of a decline in the Gulf...

Published 25 Sep, 2023 08:06pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 24	278.80
USD PKR Interbank Buying / Jan 24	278.60
USD to Japanese Yen / Jan 24	156
USD to Swiss Franc / Jan 24	0.91
Pound Sterling to USD / Jan 24	1.25
Euro to USD / Jan 24	1.05

Stock	Volume
S&P 500 / Jan 24	6,101.24
India Sensex / Jan 24	76,190.46
Tokyo Nikkei / Jan 24	39,931.98
Nasdaq / Jan 24	19,954.30
Hang Seng / Jan 24	20,066.19
FTSE 100 / Jan 24	8,502.35
Dow Jones / Jan 24	44,424.25
Germany DAX 30 / Jan 24	21,394.93

Item	Value
Crude Oil USD/Barrel / Jan 24	74.66
Karachi Cotton PKR/37.32 KG / Jan 24	18,485
Gold 10 Grams PKR / Jan 24	248,285
Gold Spot USD/Ounce / Jan 24	2,770.58
Cotton US¢/pound / Jan 24	67.61
Petrol/Litre / Jan 27	256.13

Gainers
Losers
Leaders

Stock	Price
OLP Modaraba / Jan 27 OLP Modaraba Limited(OLPM)	16.05 ▼ 0 (0%)
Nishat Power / Jan 27 Nishat Power Limited(NPL)	34.53 ▼ 0 (0%)
National Refinery / Jan 27 National Refinery Limited(NRL)	261.80 ▼ 0 (0%)
Nimir Resins / Jan 27 Nimir Resins Limited(NRSL)	25.37 ▼ 0 (0%)
National Silk / Jan 27 The National Silk & Rayon Mills Limited(NSRM)	55.44 ▼ 0 (0%)
Oilboy Energy / Jan 27 Oilboy Energy Limited(OBOY)	9.51 ▼ 0 (0%)
Octopus Digital / Jan 27 Octopus Digital Limited(OCTOPUS)	66.82 ▼ 0 (0%)
Oil & Gas Dev. / Jan 27 Oil & Gas Development Company Limited(OGDC)	212.43 ▼ 0 (0%)
OLP Fin. Services / Jan 27 OLP Financial Services Pakistan Limited(OLPL)	36.83 ▼ 0 (0%)

Stock	Price
OLP Modaraba / Jan 27 OLP Modaraba Limited(OLPM)	16.05 ▲ 0 (0%)
Nishat Power / Jan 27 Nishat Power Limited(NPL)	34.53 ▲ 0 (0%)
National Refinery / Jan 27 National Refinery Limited(NRL)	261.80 ▲ 0 (0%)
Nimir Resins / Jan 27 Nimir Resins Limited(NRSL)	25.37 ▲ 0 (0%)
National Silk / Jan 27 The National Silk & Rayon Mills Limited(NSRM)	55.44 ▲ 0 (0%)
Oilboy Energy / Jan 27 Oilboy Energy Limited(OBOY)	9.51 ▲ 0 (0%)
Octopus Digital / Jan 27 Octopus Digital Limited(OCTOPUS)	66.82 ▲ 0 (0%)
Oil & Gas Dev. / Jan 27 Oil & Gas Development Company Limited(OGDC)	212.43 ▲ 0 (0%)
OLP Fin. Services / Jan 27 OLP Financial Services Pakistan Limited(OLPL)	36.83 ▲ 0 (0%)

Stock	Volume
Cnergyico PK / Jan 27 Cnergyico PK Limited(CNERGY)	61,454,571 ▲ 0
Sui South Gas / Jan 27 Sui Southern Gas Company Limited(SSGC)	57,677,562 ▲ 0
WorldCall Telecom / Jan 27 Worldcall Telecom Limited(WTL)	33,767,457 ▲ 0
The Searle Co. / Jan 27 The Searle Company Limited(SEARL)	26,713,969 ▲ 0
Fauji Cement / Jan 27 Fauji Cement Company Limited(FCCL)	20,797,108 ▲ 0
Citi Pharma Ltd / Jan 27 Citi Pharma Ltd.(CPHL)	18,489,077 ▲ 0
Ghani Chem. Ind. / Jan 27 Ghani Chemical Industries Limited(GCIL)	17,202,553 ▲ 0
Waves Corporation / Jan 27 Waves Corporation Limited(WAVES)	16,079,475 ▲ 0
Maple Leaf Cement / Jan 27 Maple Leaf Cement Factory Limited(MLCF)	15,337,516 ▲ 0

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Budget 2024-25: income tax calculator for FY25

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