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Muscat Stock Index Closes Lower Amid Increased Trading Activity

Muscat: The Muscat Stock Exchange (MSX) general index 30 concluded Thursday’s trading session at 5,178.50 points, marking a decline of 10.2 points or 0.20 percent from the previous closure of 5,188.67 points.

According to Qatar News Agency, the tra…

Central Bank of Egypt Announces 100 Basis Point Rate Cut

Cairo: The Monetary Policy Committee of the Central Bank of Egypt (CBE) announced Thursday a 100-basis point cut in the overnight deposit and lending rates, as well as the rate of the main operation, to 21.00 percent, 22.00 percent, and 21.50 percent,…