Friday, October 16, 2026

February 6, 2025

Oman Oil Price Drops 1 US Dollar

Muscat: Oman oil price for April delivery 2025 today reached 77.37 US Dollars, comprising a drop by 1 US Dollar compared to yesterday’s price, which was 78.37 US Dollars. According to Oman News Agency, the average price of Oman oil for February delivery 2025 stabilized at 73.16 US Dollars per

Central Bank of Oman Implements Transformative Regulatory Measures

Muscat: The Central Bank of Oman (CBO) unveiled a series of groundbreaking regulatory initiatives designed to advance the Sultanate of Oman’s economic diversification efforts in alignment with the National Development Strategy and national priorities. According to Oman News Agency, these proactive measures-including sector-specific lending focus, capital relief programs, and the

MSX Drops 9 Points

Muscat: Muscat Stock Exchange (MSX) general index (30) today dropped 9.02 points, comprising a decline by 0.20% to close at 4564.30 points, compared to the last session, which stood at 4573.33 points. According to Oman News Agency, the trading value today stood at RO 5,504,875, comprising a surge by 182.5%,

Gold Prices Inch Higher Amid Increasing Safe-haven Demand

Muscat: Gold prices inched higher today to hover near an all-time high hit in the last session amid increasing safe-haven demand. Spot gold was up 0.1% at $2,867.79 per ounce. Bullion hit a record high of $2,882.16 in the previous session. US gold futures shed 0.2% to $2,887.10. According to

Dollar Falls to 8-Week Low Against Yen

NEW YORK: The US dollar fell to an eight-week trough to the yen and lingered near a one-month low versus sterling today. The dollar index, which measures the US currency against the euro, sterling, yen, and three other major peers, stood at 107.57, not far from its overnight low of

Thirteen Franchise Agreements Signed in Oman

Muscat: A franchise meeting organised today by Oman Chamber of Commerce and Industry (OCCI) saw the signing of 13 agreements for the sale of franchise in the Sultanate of Oman and abroad. The meeting, titled “Agreements and Development”, also included the signing of 3 memoranda of understanding (MoU) with new

Oman-India Explore Investment Opportunities

New Delhi: The Sultanate of Oman’s embassy in New Delhi, the Republic of India, today hosted interactive roundtable meetings to explore investment opportunities between the two countries in various vital sectors, such as food, pharmaceuticals, medical products, agriculture, information technology, petrochemicals, and energy. According to Oman News Agency, the meetings

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Electricity Projects Worth RO3 Million Planned for Al Buraimi

Al Buraimi:Nama Electricity Distribution Company is working on several electricity development projects in Al Buraimi Governorate, with a total investment of about RO 3 million.

According to Oman News Agency, the projects are scheduled for implement…