Thursday, October 22, 2026

May 14, 2025

Gold Edges Lower as Eased China-US Trade Concerns Reduce Safe-Haven Demand

Muscat: Gold prices today edged lower as softening trade tension between the US and China weakened safe-haven demand, while markets eyed another set of inflation data to assess the Federal Reserve’s policy path. Gold prices saw a slight decline in market value as the geopolitical landscape between the two economic

EU Records 39.2 Billion Euros Trade Surplus in Agriculture Products for 2024

Muscat: The European Union (EU) recorded a trade surplus of 39.2 billion Euros in agricultural products in 2024. According to Oman News Agency, a statement released by the EU’s statistical office, Eurostat, revealed that agricultural exports from EU countries exceeded 234 billion Euros, while imports were valued at 194.9 billion

China’s Industrial Bank Issues 10 Billion Yuan in Sci-Tech Innovation Bonds

Beijing: The Industrial Bank Co., Ltd., a prominent joint-stock commercial bank in China, has announced the successful issuance of its first batch of sci-tech innovation bonds on the inter-bank market. The funds raised from this issuance are intended to support lending towards scientific and technological innovations and related business activities.

US Dollar Stabilizes After Significant Overnight Decline

New York: The US dollar today stabilized after recording its largest drop in more than three weeks overnight. The decline followed lower-than-expected US consumer inflation data, bolstering the case for Federal Reserve easing just as global trade tensions cool, coinciding with a de-escalation in the US-China trade tensions. According to

MSX Gains 35 Points Amid Trading Surge

Muscat: Muscat Stock Exchange (MSX) general index (30) today gained 35.9 points, comprising a rise by 0.82% to close at 4397.25 points, compared to the last session, which stood at 4361.33 points. According to Oman News Agency, the trading value today stood at RO 5,724,532, comprising an increase by 49.6%,

Supervisory Committee for National E-Commerce Plan Holds First 2025 Meeting

Muscat: The Supervisory Committee for the National E-Commerce Plan convened its first meeting of 2025 at the Ministry of Commerce, Industry, and Investment Promotion headquarters to review progress on the plan’s initiatives. Chaired by Qais Mohammed Al Yousef, Minister of Commerce, Industry, and Investment Promotion, the meeting included representatives from

WTO Roundtable Highlights Oman’s Role in Supporting Multilateral Trade System

Muscat: The 13th World Trade Organization (WTO) Accessions Roundtable concluded its sessions by underscoring Oman’s pivotal role in advancing the organization’s mission and the technical support it has provided to facilitate the accession of several countries. Held in Muscat, the meeting emphasized the Arab region’s growing presence in the global

Bright Auroras on Jupiter Are Captured by Webb Space Telescope

Jupiter: Jupiter’s dazzling auroras are hundreds of times brighter than those seen on Earth, new images from the James Webb Space Telescope revealed. The solar system’s largest planet displays striking dancing lights when high-energy particles from space collide with atoms of gas in the atmosphere near its magnetic poles, similar

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Omani Persons with Disabilities Reach 75,432 in 2025

Accra:The total number of Omani persons with disabilities in the Sultanate of Oman reached 75,432 individuals in 2025, making up 2.5 percent of the total Omani population. This figure represents an increase of about 9 percent compared to 2024. Of this…

Fourth Dates and Honey Exhibition Opens in Oman

Accra:The Fourth Dates and Honey Exhibition commenced at the Oman Convention and Exhibition Centre, featuring participation from 100 small and medium enterprises, companies, and entities involved in the production, manufacturing, exporting, and import…

Royal Army of Oman Commander Hosts GCC Military Commander

Accra:Al Murtafa’a Camp Major General Mattar Salim Al Balushi, Commander of the Royal Army of Oman (RAO), welcomed Major General Abdulaziz Ahmed Al Balawi, Commander of the GCC Unified Military Command, along with his military delegation, at his offic…

Oman’s New Ambassador to Malaysia Presents Credentials

Kuala Lumpur:King Sultan Ibrahim of Malaysia received the credentials of Eng. Hatim Hilal Al Yaqoubi as the new Ambassador of the Sultanate of Oman to Malaysia. The ceremony took place at the Istana Negara National Palace in Kuala Lumpur.

According …