Thursday, November 5, 2026

August 26, 2025

Dollar Drops after Trump Fires Fed’s Cook

Muscat: The US dollar today surrendered gains in early trading in Asia after US President Donald Trump said he was removing Federal Reserve Governor Lisa Cook from her position. The dollar index fell 0.3% to 98.187 after Trump made the announcement in a letter to Cook that he posted on

Gold Hits 2-Week High as Dollar Slides

Muscat: Gold today rose to a two-week high, as the dollar slipped after US President Donald Trump said he was removing Federal Reserve Governor Lisa Cook. Spot gold rose 0.5% to $3,384.34 per ounce, after hitting its highest level since 11 August 2025 earlier in the session. According to Oman

MSX Gains 4 Points

Muscat: Muscat Stock Exchange (MSX) 30 Index today closed at 5014.39 points, marking a rise of 4.5 points (0.09%) from the previous session’s close of 5009.92 points. According to Oman News Agency, the trading value reached RO 22,530,079, reflecting a 43.6% increase compared to the last session’s RO 39,921,711. The

Oman, Saudi Arabia Collaborate to Boost Business and Industrial Integration

Muscat: Acting in cooperation with the Saudi Export Development Authority, the Ministry of Commerce, Industry and Investment Promotion organized bilateral meetings in Muscat between Omani factory entrepreneurs and their Saudi counterparts. The discussions centered on enhancing economic, commercial, and investment relations between Oman and Saudi Arabia, focusing on vital sectors

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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…