Thursday, 5/20/2021 14:36
GOLD TRADING in London s wholesale bullion market saw prices stay above $1870 per ounce on Thursday, holding a gain of 1.7% for the week so far as world stock markets, commodities and cryptocurrencies rallied from yesterday s steep losses. Major government bond prices also clipped their losses, edging longer-term interest rates back down after the release of notes from the Federal Reserve s April meeting showed policymakers agreeing that the jobless rate is elevated and inflation expectations remain well anchored , meaning there is no need to begin signalling any rise in interest rates or slowdown of QE asset purchases at present. Gold is clearly benefiting from a wave of re-balancing, says the precious metals team at French bank and London bullion market maker BNP Paribas, out of alternative assets and into the safer bounds of a traditional yet well understood asset
Deadline to receive bids for amphibious aircraft services extended Published: 5:52 PM, May 19, 2021
The deadline for receiving applications for the establishment and operation of amphibious aircraft has been extended to July 4, 2021 SHARE
Muscat: To promote tourism and related activities in the region, the Civil Aviation Authority (CAA) has called for requests to establish and operate amphibious aircraft services.
The deadline for receiving applications for the establishment and operation of amphibious aircraft has been extended to July 4, 2021
CAA said that a detailed offer shall be attached with the application that includes the economic feasibility study, the company s business plan, and proof of financial ability.