Oman posts H1 2024 trade surplus of USD 9.4 billion, driven by oil exports
In June 2024, Oman's imports reached 8 billion rials, up from 7.2 billion rials during the same period the previous year, a 10% increase...
Tag : commodity
How did money come into being?
The spread of money throughout the Mediterranean didn’t mean that it was universally used...
Oil might rise to USD 100 in Middle East due to conflict, warns World Bank
The World Bank's index of commodity prices hasn't changed significantly since the middle of 2023...
Start-up of the Week: BLK Global revolutionises raw material trade
Through a digital business model, BLK Global has brought elements like openness and transparency in the commodities market, where businesses are paying real value for the goods they want to buy...
Ports in Oman show strong growth in 2023-2024
The number of cruise ship visitors at the ports of Sultan Qaboos, Salalah, and Khasab rose significantly...
Metallurgical coal: The commodity world’s ‘Quiet Performer’
The price of Australian metallurgical coal, also known as 'Coking Coal', on the Singapore Exchange ended at USD 315 a metric ton on February 21...
Experts bat for ‘Scientific Approach’ to deal with sukuk risks
To expand industrial and green financing projects, participants also emphasized the importance of creating cooperation agreements with organizations that support and oversee sukuk...
The quest for robust and synchronised growth
The world economy is at the intersection of at least three powerful forces October 19, 2015: The IMF’s new World Economic Outlook (IMF 2015) points out that the world economy is at the intersection of at least three powerful forces. First, China’s economic transformation – away from export- and investment-led growth and manufacturing, in favour of a...
Rich Countries, Poor People: Will Africa’s commodity boom benefit the poor?
BY ANAND RAJARAM. 20th November 2013 Travelling across Africa these days you are likely to run into increasing numbers of mining, oil, and gas industry personnel engaged in exploration, drilling, and extraction across the continent. Although commodity prices are moderating, the discoveries being made in Africa offer the real prospect of significant revenue to many cash-poor,...