Please wait...
GulfBase Live Support
Leave a message and our representative will contact you soon
- Gold trims losses after US inflation data
- NBB Group launches AI and Digital Banking Academy with Tamkeen support
- Oman's broad money supply rises by 6.1% to OMR25.8bn
- MSX records new gains amid increased liquidity from local investors
- Russia opts for smaller rate cut as refinery attacks lift prices
- Ooredoo, Mowasalat to modernise Qatar's public transport with advanced digital infrastructure
- Qatar Stock Exchange shows strong growth since January
- Bechtel secures $104m EPCM contract from Saudi Maaden
- UDC reports net profit of QR222m, revenues reach QR1.38bn in Q3 2025
- Porsche loses almost ?1 billion on shift back to petrol
26/10/2025 03:49 AST
Broad money supply (M2) in the Sultanate of Oman grew by 6.1 percent year-on-year (YoY) to reach OMR25.8 billion by the end of August 2025.
Statistics issued by the Central Bank of Oman (CBO) indicated that this increase was the result of a 6.9 percent increase in narrow money and a 5.8 percent increase in quasi-money, which consists of savings and time deposits in Omani riyals, plus certificates of deposit issued by banks, in addition to margin accounts and all foreign currency deposits in the banking sector.
Statistics showed that during the same period, cash held by the public decreased by 5 percent, while demand deposits increased by 9.4 percent. Regarding the interest rate structure of conventional commercial banks, the weighted average interest rate on Omani riyal deposits decreased from 2.704 percent in August 2024 to 2.535 percent in August 2025.
The weighted average interest rate on Omani riyal loans also decreased from 5.603 percent to 5.492 percent during the same period.
The average interest rate in the overnight interbank lending market decreased by 4.012 percent in August 2025 compared to 5.133 percent in August 2024.
This is attributed to a decrease in the weighted average interest rate on repo operations, which reached 5 percent compared to 6 percent during the same period last year, in line with the policies of the US Federal Reserve.
Times of Oman
| Ticker | Price | Volume |
|---|
26/10/2025
Dubai has announced the unveiling of a new architectural and cultural landmark - DUMA (Dubai Museum of Art) - which will be developed by leading UAE business conglomerate Al Futtaim Group on the Duba
Trade Arabia
26/10/2025
The Ministry of Environment, Water and Agriculture revealed that the agricultural sector contributed $31.5 billion to the GDP in 2024, with total agricultural and food production exceeding 16 million
Asharq Al Awsat
26/10/2025
In the Neom Nature Reserve a team of dedicated Saudi Arabia conservationists are steadily redefining the future of biodiversity and ecological restoration in the Kingdom. These experts are safeguard
Arab News
26/10/2025
Saudi Arabia has positioned itself as a leading force in the global mining industry, using its platform at an international conference to detail a period of transformation driven by Vision 2030.
Arab News
26/10/2025
Ras Al Khaimah's business sector continued to show strong growth in the third quarter of 2025, with the total number of active commercial licenses rising by 5.7 per cent compared to the same period l
Khaleej Times
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia