Earthquake of 4.5 Magnitude Strikes Fiji Coast

An earthquake measuring 4.5 magnitude on the Richter scale struck Tuesday the coast of Fiji Islands in the South Pacific.

The US Geological Survey (USGS) said that the earthquake occurred south of Fiji Islands, and was at a depth of 571.5 km.

No rep…

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QCB Launches ‘Request to Pay’ Through Fawran Service

Qatar Central Bank (QCB) announced Tuesday the launch of “Request to Pay” option through “Fawran” service, in line with the Third Financial Sector Strategic Plan, and in continuation of its efforts to improve the instant payment system in the country….

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Oman Oil Prices Reach $79.56 a Barrel

The official price of Omani oil, for delivery in September, reached on Tuesday $79.56 per barrel, a decrease of $1 compared with Monday’s price, which amounted to $80.56.

It is noteworthy that the monthly average price of Omani crude oil for delivery…

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Oil Prices Continue to Fall in Early Asian Trading

Early Asian trade on Tuesday saw a decline in oil prices, continuing losses from the previous session, amid concerns about demand in China.

Brent crude oil futures had dropped by 12 cents, or 0.15%, to $79.78 per barrel. At $75.67 per barrel, US oil …

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