Sunday, October 11, 2026

July 10, 2025

Oil Falls Amid Concerns Over Escalating Trade Tensions

Muscat: Oil prices today dropped as the latest tariff announcements by US President Donald Trump were perceived by market participants to threaten global economic growth and demand for the resource. Brent crude futures were down 22 cents, or 0.31 percent, at USD 69.97 a barrel. US West Texas Intermediate crude

Gold Gains as Dollar Weakens Amid Tariff Expansion

Muscat: Gold prices today rose, supported by a slight decline in the dollar exchange rate and bond yields, while investors closely monitored developments in trade negotiations amid US President Donald Trump expanding the scope of tariffs. Spot gold rose 0.3 percent to USD 3,322.46 per ounce, while US gold futures

Oman Oil Price Drops 29 Cents

Muscat: Oman oil price for September delivery 2025 has decreased by 29 cents, reaching 71.88 US Dollars compared to yesterday’s price of 72.17 US Dollars. According to Oman News Agency, the average price of Oman oil for July delivery 2025 has stabilized at 63.62 US Dollars per barrel. This marks

MSX 30 Index Rises by 5.9 Points

Muscat: Muscat Stock Exchange (MSX) 30 Index today closed at 4,602.54 points, marking a rise of 5.9 points (0.13%) from the previous session’s close of 4,596.69 points. Trading value increased to RO 22,522,997, reflecting a 46.1% rise compared to the last session’s RO 41,788,740. According to Oman News Agency, the

China’s Auto Production Rises Sharply in First Half of 2025

Beijing: The People’s Republic of China’s automobile production and sales grew by more than 10% in the first half of 2025, signaling a strong rebound in consumer spending, according to data released today by the China Association of Automobile Manufacturers (CAAM). According to Oman News Agency, between January and June

NCFI Signs Four MoUs on Combating Money Laundering and Financing Terrorism

Luxembourg: On the sidelines of the Egmont Group’s General Meeting, held in Luxembourg, the National Centre for Financial Information signed four memoranda of understanding with counterpart units in the Kingdom of the Netherlands, Japan, the Democratic Socialist Republic of Sri Lanka, and the Republic of Kazakhstan regarding the exchange of

Oman, Bulgaria Explore Enhancing Economic, Investment Cooperation

Sofia: The Sultanate of Oman and the Republic of Bulgaria discussed strengthening economic and investment cooperation between the two countries, leveraging experiences in creating investment-friendly environments, designing investor incentives, economic planning, and promoting innovation in economic analysis and studies. This came during meetings held by Dr. Said Mohammed Al Saqri,

Argentina Stay Top in FIFA Rankings

Muscat: World champions Argentina maintained first place in the men’s world football rankings in the latest list issued on today by the ruling body FIFA. Argentina lead the way from European champions Spain and France in an unchanged top three, with E…

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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…