Thursday, November 5, 2026

August 4, 2025

Oman Oil Price Declines 2.55 US Dollars

Gaza: Oman oil price for October delivery 2025 has fallen to 71.16 US Dollars today, marking a decrease of 2.55 US Dollars compared to last Friday’s price of 73.71 US Dollars. According to Oman News Agency, the average price of Oman oil for July delivery 2025 has remained steady at

Oman and Mongolia Discuss Investment Cooperation Opportunities

Ulaanbaatar: Abdulsalam Mohammed Al Murshidi, Chairman of the Oman Investment Authority (OIA), and his delegation engaged in discussions with Gombojavyn Zandanshatar, Prime Minister of Mongolia, in Ulaanbaatar, Mongolia’s capital. During the meeting, the Mongolian Prime Minister expressed interest in strengthening cooperation with Oman and emphasized the importance of forming a

MSX Gains 29 Points

Muscat: Muscat Stock Exchange (MSX) 30 Index today closed at 4,799.87 points, marking a rise of 29.4 points (0.62%) from the previous session’s close of 4,770.45 points. Trading activities showcased a significant increase in investor participation and confidence in the market. According to Oman News Agency, the trading value reached

OQ Announces SWIFT Integration

Muscat: OQ has officially joined the SWIFT network, the global financial messaging system operated by the Society for Worldwide Interbank Financial Telecommunication. This strategic move enables OQ to receive electronic bank statements directly via its own SWIFT address, without intermediaries. According to Oman News Agency, the integration empowers OQ to

Oman’s Electricity Production Grows by 12.6%

Muscat: The Sultanate of Oman’s total electricity production recorded a growth of 12.6 percent by the end of May 2025, reaching 18,948.9 gigawatt-hours. This is an increase from 16,829.3 gigawatt-hours during the same period in 2024. According to Oman News Agency, A’Dakhiliyah Governorate registered a production increase, reaching 1,760.7 gigawatt-hours

Tender Results of Government Treasury Bills Worth RO 33 Million Issued

Muscat: The total issuance of Government Treasury Bills amounted to RO 33 million. The value of the allotted Treasury bills amounted to RO 5 million, for a maturity period of 28 days. The average accepted price reached RO 99.700 for every RO 100, and the minimum accepted price arrived at

Dollar Steadies as US Jobs Report Fuels Rate Cut Speculation

New york: The dollar found some support today after the release of the US jobs report that led investors to ramp up bets of imminent Federal Reserve rate cuts. Against a basket of currencies, the dollar edged up 0.1% to 98.75, after sliding more than 1% on Friday. According to

Gold Drops in Wake of US Jobs Data

Muscat: Gold prices slipped today as investors booked profits after a sharp rise in the previous session following weaker-than-expected US jobs data that boosted expectations for a Federal Reserve interest rate cut in September. Spot gold lost 0.3% to $3,351.80 per ounce, after bullion had risen more than 2% on

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Oman Participates in GCC Culture Ministries’ Preparatory Meeting

Muscat:The Sultanate of Oman participated in a preparatory meeting of Undersecretaries of Ministries of Culture from GCC states. This meeting, conducted via video conference, served as groundwork for the upcoming 30th meeting of GCC Ministers of Cultu…

Sultan Haitham Embarks on State Visit to China

Muscat:His Majesty Sultan Haitham bin Tarik departed this morning for the People’s Republic of China on a two-day state visit. The visit comes in response to an invitation from President Xi Jinping of China.

According to Oman News Agency, His Majest…