Positive trends continue on MSX
An analysis of the third-quarter financial performance of 91 companies listed on the Muscat Stock Exchange (MSX) reveals a continuation of positive trajectories across several key sectors, including...
Q1 performance of SAOG companies: Positive start to 2024
With the first quarter unaudited results being published, overall, the majority of the sectors are showing a healthy upward trend in profitability. With gains in the financial, manufacturing and...
Green shoots of growth
No major spikes nor slumps in general business, as per the preliminary full year results submitted to the MSX. The major year-on-year changes are explained typically by one off items. Overall,...
Performance of SAOG companies: No surprises in Q3
This year, there were no surprises in the third quarter of the year. As has been the pattern for the previous two quarters, on the back of rising interest rates, the banks within the financial...
Why a Silicon Valley Bank-like crisis is unlikely in Oman
We have all heard about the abrupt failure of the Silicon Valley Bank (SVB) in the US, so soon after the year end and after receiving a clean bill of health from its Auditors. Originally the bank’s...
2022 Financial Reporting Season: Improvements in most sectors
The 2022 full year reporting season is now in full swing, with the MSX listed companies all reporting preliminary (pre-audited) results. Only Omantel is yet to report, as they need to wait for the...
The struggle of the importing companies
Following the lack luster performance in the 2nd quarter, due to the headwinds from the fallout from the outbreak of war between Russia and the Ukraine, we see no let off in the 3rd quarter as the...
What to do with ESG?
Who cares about ESG?Some years ago, in the business world, nobody cared about the social issues, the environment and, perhaps somehow, a few recognised that governance quality might improve business...
The struggling manufacturing sector
After a positive first quarter, we were happily waving goodbye to two downbeat years of Covid, with a general improvement in Y-o-Y SAOG profitability.While many companies have continued the trend into...