Friday, October 16, 2026

September 17, 2024

Oman’s Producer Price Index Rises 3.3pc in Q2 of 2024

The producer price index in the Sultanate of Oman recorded an increase of 3.3% in the second quarter of 2024, compared to the same period in 2023, according to data issued by the National Centre for Statistics and Information.

The prices of mining an…

Dollar Falls on US Rate Cut Expectations

The dollar traded near its lowest levels of the year today, on the eve of the expected start to a US easing cycle that markets are betting may begin with an outsized rate cut.

The euro hovered around $1.1123 in the Asia session, not far from the year…

MSX Drops 17 Points

Muscat Stock Exchange (MSX) general index (30) today drops (17.5) points, comprising a decline by (0.37%) to close at (4713.40) points, compared to the last session, which stood at (4730.90) points.

The trading value today stood at (RO 1,972,480), co…

Oil Extends Gains on US Output Concerns

Oil prices extended gains on today as the market eyed US output concerns in the aftermath of Hurricane Francine and expectations of lower US crude stockpiles.

Brent crude futures for November rose 16 cents, or 0.2% at $72.91 a barrel at 0120 GMT. US …

Employment in Road Construction Projects Stands at 166 Percent

The Ministry of Transport, Communications and Information Technology said that, by the end of the third quarter of 2024, it accomplished 166 percent of its targets in employment initiatives for road projects’ technical and specialized jobs.

During th…

Indonesia’s Trade Surplus Reach of $2.89 Billion in August

Indonesia’s trade surplus rose to a three-month high in August 2024, as exports grew much faster than expected, official data showed today.

According to Statistics Indonesia, the country reported a surplus of $2.89 billion in August. The surplus was …

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Defence Ministry Research Paper Competition Celebrates Winners

Baku:The Academy for Strategic and Defence Studies concluded the Ministry of Defence Research Paper Competition for the year 2025/2026 in its second edition. The event took place under the auspices of Dr. Khamis Saif Al Jabri, Minister of Economy, wit…

Oman Engages in GCC Judicial Meeting to Boost Cooperation

Manama:The Sultanate of Oman took part in the 12th periodic meeting of the heads of Supreme and Cassation Courts from the Gulf Cooperation Council (GCC), held in Manama, Bahrain. The meeting aimed to bolster judicial cooperation and the exchange of ex…