Thursday, November 5, 2026

October 8, 2025

Dollar Hits Two-Month High Amid US Government Shutdown Concerns

Muscat: The US dollar climbed to a two-month high in early Asian trading today, as mounting risks surrounding the US government shutdown stoked investor anxiety and lifted demand for safe-haven assets. The dollar index, which tracks the greenback against six major peers, rose 0.3% to 98.91, its strongest level since

Omani-French Business Council Evaluates Future Economic Cooperation

Muscat: The Omani-French Joint Business Council convened at the Oman Chamber of Commerce and Industry headquarters to evaluate joint investment opportunities and outline a future work plan aimed at bolstering economic cooperation between the private sectors in Oman and France. According to Oman News Agency, the meeting included Nabil Hajlaoui,

MSX 30 Index Climbs 14 Points Amid Decline in Trading Value

Muscat: Muscat Stock Exchange (MSX) 30 Index today closed at 5195.65 points, marking a rise of 14 points or 0.28% from the previous session’s close of 5181.38 points. Trading value reached RO 28,179,213 reflecting a 37.5% decrease compared to the last session’s RO 45,051,702. According to Oman News Agency, the

Strategic Partnership Signed to Establish Joint Investment Fund Between Oman, Azerbaijan

Muscat: The Oman Investment Authority (OIA) today signed a strategic partnership with Azerbaijan Investment Holding (AIH) to establish a Joint Investment Fund valued at RO 77 million, equally split between the two countries. This reflects a balanced commitment to building long-term partnerships. The Fund targets investments in food industries, the

Excavation Begins on Tunnels for Joint Omani-Emirati Rail Network Project

Hafeet rail: The developer and operator of the Joint Omani-Emirati Railway Network Project, announced today the start of tunnel excavation work in the Al Hajar Mountains in the Al Buraimi Governorate. This marks a major qualitative launch for one of the most critical and transformative stages of the project. According

Oman and Azerbaijan Explore New Avenues for Investment and Economic Cooperation

Muscat: Qais Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion, today received Mikayil Jabbarov, Minister of Economy of the Republic of Azerbaijan, to discuss enhancing economic and investment cooperation between the two nations. According to Oman News Agency, the meeting focused on developing commercial and investment relations between

Oman-Azerbaijan Roundtable Meeting Explores Joint Investment Opportunities

Muscat: Oman Chamber of Commerce and Industry (OCCI) organized a Roundtable Meeting between the Sultanate of Oman and the Republic of Azerbaijan in Muscat today. The meeting focused on the private sector’s role in building effective partnerships, expanding commercial relations, and exploring new investment opportunities that benefit both countries. According

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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…