Sunday, October 11, 2026

June 30, 2025

OIA Showcases Its Efforts in Promoting Corporate Governance

Muscat: Oman Investment Authority (OIA) today showcased its efforts in managing, monitoring, and guiding companies to achieve the goals of Oman Vision 2040. A presentation to this effect was made by Abdulsalam Mohammed Al Murshidi, Chairman of Oman Investment Authority (OIA), when the State Council hosted him. According to Oman

Oman Oil Price Rises 14 Cents

Muscat: Oman oil price for August delivery 2025 has increased to 68.61 US Dollars, marking a rise of 14 cents compared to last Friday’s price of 68.47 US Dollars. According to Oman News Agency, the average price of Oman oil for June delivery 2025 has stabilized at 67.87 US Dollars

GCC Inflation Rate Falls to 1.7% in 2024, Showing Economic Stability

Muscat: The average inflation rate in the GCC countries stood at 1.7% in 2024, compared to 2.2% in 2023, according to the latest data released by GCC-Stat. According to Oman News Agency, the data show a variation in the rates of change across the main groups, with the housing group

Gold Falls to One-Month Low as Trade Tensions Ease

Muscat: Gold prices today fell to their lowest in more than a month, as easing trade tensions between US and China dampened safe-haven demand. Spot gold was down 0.3% at US$3,264.64 per ounce, after hitting its lowest level since 29 May 2025. US gold futures fell 0.4% to US$3,275.30. According

Oil Prices Decline as Geopolitical Risks in Middle East Recede

Muscat: Oil prices today fell 1% in early Asian trading, as easing geopolitical risks in the Middle East and the possibility of a further increase in OPEC+ production in August bolstered supply expectations. Brent crude futures for August delivery fell 66 cents, or 0.97%, to $67.11 a barrel, while the

Dollar Drops as Optimism Over US Trade Deals Grows

New york: The US dollar today wallowed near its lowest level in nearly four years against the euro as market optimism over US trade deals bolstered bets for earlier Federal Reserve interest rate cuts. The dollar index, which measures the US currency against six major counterparts, including the euro, sterling,

China’s Non-Manufacturing Sector Shows Slight Growth in June

Beijing: The purchasing managers’ index (PMI) for China’s non-manufacturing sector reached 50.5 in June, reflecting a 0.2 percentage point increase from the previous month, as revealed by official data today. A PMI reading above 50 signifies expansion, while a reading below 50 indicates contraction. According to Oman News Agency, the

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Oman Engages in Arab Traffic Conference to Boost Road Safety

Tunis:The Sultanate of Oman, through its Royal Oman Police (ROP), actively took part in the 22nd Arab Conference of Heads of Traffic Agencies held in Tunisia.

According to Oman News Agency, the conference, organized by the General Secretariat of the…

Oman Engages in GCC Social Affairs Ministers’ Meeting

Manama:The Sultanate of Oman participated in the 12th meeting of the Committee of GCC Ministers of Social Affairs and Social Development, which was held in Manama, Bahrain. The Omani delegation was led by Dr. Laila bint Ahmed Al Najjar, the Minister o…