In a historic first, the International Energy Agency (IEA) has predicted that the global demand for oil will reach its zenith this decade. According to the IEA, the world will consume as much as 102 million barrels a day of oil by the late 2020s, with volumes dropping to 97 million barrels a day by
The impact of interest rate marketization on corporate financing structure is a topic that has been studied by many researchers. Interest rate marketization refers to the process of allowing the market forces to determine the interest rates, rather than the government intervention. Interest ra
Regional economic development and financial regulation are two important topics that relate to the concept of financial development. Financial development refers to the process of improving the efficiency, stability, and inclusiveness of the financial system, which can support economic growth,
The Malaysian stock market opened the week in the green zone, extending gains from the previous session. The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, opened higher and added 13.77 points to end 0.93% higher at 1,501.11 on Monday, January 8, 2024.The market was supported by posit
In today's globalized economy, financial institutions play a crucial role in shaping the financial landscape. These institutions act as intermediaries, facilitating the flow of funds between borrowers and lenders, and providing a wide range of financial services to individuals, businesses,
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The Omani Rial is the official currency of Oman. It is denoted by the symbol "﷼" and is subdivided into 1000 baisa. The Omani Rial is issued and regulated by the Central Bank of Oman.One notable aspect of the Omani Rial is its stability. The currency has been pegged to the United States Dollar since 1986, with an exchange rate of 1 Omani Rial equal to 2.60 USD. This pegging has helped to maintain a consistent and reliable value for the Omani Rial, which has contributed to Oman's e
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