September 8, 2025

Muscat: Karwa Motors, Oman’s leading vehicle manufacturer, has entered into a strategic partnership with Empl Fahrzeugwerk GmbH, an Austrian company, to produce specialized vehicles. The collaboration will focus on manufacturing firefighting and civil rescue trucks, along with military vehicles intended for security and defense purposes. According to Oman News Agency,

Muscat: The Minister of Foreign Affairs of the Republic of Estonia, Margus Tsahkna, along with a business delegation, visited the Invest Oman lounge to explore potential avenues for economic collaboration. The visit was aimed at understanding the investment landscape in Oman and identifying strategic opportunities for partnership across key sectors.

Muscat: The Muscat Stock Exchange (MSX 30) index experienced a notable decline, closing at 5,078.18 points after shedding 46.6 points, or 0.91%, from the previous session’s close of 5,124.80 points. Despite the drop in the index, the trading value saw a significant increase. According to Oman News Agency, the trading

Dar es salaam: An Omani trade delegation from the Oman Chamber of Commerce and Industry (OCCI) held meetings with representatives from Tanzanian businesses across various sectors as part of a visit aimed at enhancing bilateral trade and investment ties. According to Oman News Agency, the meetings took place at the

Tokyo: The US dollar and Japanese yen both weakened today, influenced by economic data from the United States and political changes in Japan. A weak US jobs report has heightened expectations for an interest rate cut by the Federal Reserve, while the resignation of Japanese Prime Minister Shigeru Ishiba has

Muscat: Oil prices rose in early trade today as OPEC+ announced a decision to slow the pace of production increases starting in October 2025, in response to expectations of weaker global demand. This development helped mitigate some of the losses from last week, with Brent crude and US West Texas

New york: Gold prices remained near a historic peak today, driven by growing anticipation of a forthcoming interest rate cut by the US Federal Reserve. The precious metal edged closer to the significant $3,600 mark, buoyed by last week’s unexpectedly weak jobs report. According to Oman News Agency, spot gold

Muscat: The 34th edition of the COMEX Global Technology Exhibition, titled “COMEX 2025,” was inaugurated under the patronage of HH Sayyid Shihab bin Tarik Al Said, Deputy Prime Minister for Defence Affairs. The event, organized by the Arab Data Analytics Company with support from the Ministry of Transport, Communications and