Gold prices drifted higher today, aided by worries that the US could be headed for a recession and rising bets that the Federal Reserve will likely need to start cutting interest rates aggressively.
Spot gold rose 0.14 percent to USD 2,446.83 per oun…
Oil futures extended losses in today’s session amid market volatility, as fears of a recession in the United States overshadowed concerns that escalating tensions in the Middle East could affect oil supplies.
Asian markets fell as investors abandoned…
Japan’s yen today hit its highest levels against the dollar since January 2024, as markets extended moves triggered last week after weak US labour data stoked recession worries and expectations of deeper rate cuts by the Federal Reserve.
The dollar i…
Meethaq Islamic Banking has launched a Sharia-Compliant Equity Fund, in partnership with Bank Muscat’s Asset Management Unit.
The Fund is designed to capitalize on the growing potential of the economies in the Sultanate of Oman and GCC, providing inv…
Muscat Stock Exchange (MSX) general index (30) today lost (44.9) points, comprising a drop by (0.97%) to close at (4602.25) points, compared to the last session, which stood at (4647.20) points.
The trading value today stood at (RO 2,351,439), compri…
Oman oil price (October delivery 2024) reached 74.55 US Dollars, comprising a drop by 4.65 US Dollars compared to the price of last Friday which stood at 79.20 US Dollars.
The average price of Oman oil (August delivery 2024) has stabilized at 82.50 U…
Ramallah – Ma’an – Bank of Palestine, in partnership with the Welfare Association, has contributed to providing potable water for hundreds of families affected and displaced in shelters in the northern Gaza Strip, who are suffering from water scarcity…
Basra Heavy and Medium crude prices rose slightly on Monday, with global oil prices stabilizing.
Basra Heavy crude increased by 8 cents to $75.84 per barrel, while Basra Medium crude rose by the same amount to $78.96 per barrel.
This slight rise in …
Muscat:The Otology and Ear Surgery team at the University Medical City has successfully completed the first middle ear hearing implant surgery in the Sultanate of Oman. This two-hour operation has restored hearing for a female patient who had been suf…
Muscat:Cultural relations between the Sultanate of Oman and the People’s Republic of China trace back to a rich history of civilizational contact, characterized by commercial exchange and people-to-people interactions. Ancient maritime trade routes fa…
Muscat:His Majesty Sultan Haitham bin Tarik departed this morning for the People’s Republic of China on a two-day state visit. The visit comes in response to an invitation from President Xi Jinping of China.
According to Oman News Agency, His Majest…
Muscat:His Majesty Sultan Haitham bin Tarik is set to undertake state visits to the People’s Republic of China and Brunei Darussalam, commencing this Sunday.
According to Oman News Agency, the Diwan of Royal Court issued a statement detailing the vi…
Muscat:The Royal Academy of Management (RAM) has successfully concluded its Public Policy Design and Implementation Programme, organized in collaboration with King’s College London. This intensive programme aimed to enhance the capabilities of public …
