Thursday, November 5, 2026

October 13, 2025

Oman Oil Price Declines 1.33 US Dollars

Muscat: Oman oil price (November delivery 2025) today reached 63.90 US Dollars, including a decline by 1.33 US Dollars compared to the price of last Friday, which stood at 65.23 US Dollars. According to Oman News Agency, the average price of Oman oil (October delivery 2025) has stabilized at 69.33

Development Bank Surpasses RO 100 Million in Micro-Project Financing

Muscat: The Development Bank has achieved a significant milestone, with its lending portfolio for micro-projects exceeding RO 100 million by the end of September 2025. This was accomplished through financing over 20,000 small projects across various production and service sectors, distributed evenly across all governorates of the Sultanate of Oman,

AITRS Board of Trustees Holds 50th Meeting in Muscat

Muscat: The 50th session of the Board of Trustees of the Arab Institute for Training and Research in Statistics (AITRS) was held today in Muscat, attended by the heads of Arab statistical agencies, representatives from regional and international organizations, and members of the Board of Trustees. According to Oman News

Dollar Recovers Amid Trade Tension Between US and China

New york: The US dollar today recovered after an early-session sell-off, amid an escalation in the trade war between Washington and Beijing. Meanwhile, political developments in France and Japan undermined the euro and the yen. The dollar index, which measures the performance of the US currency against a basket of

Gold, Silver Hit Fresh Record Highs

Muscat: and silver prices surged to new record highs today, driven by strong safe-haven demand amid renewed trade tensions between the United States and China, as well as expectations that the US Federal Reserve will cut interest rates. Spot gold rose 0.7% to $4,044.29 per ounce, while US gold futures

Oil Rebounds on Hopes of Easing US-China Trade Tensions

Muscat: Oil prices rebounded today, recovering from five-month lows recorded in the previous session, as investors expressed optimism that potential talks between the presidents of the United States and China could help ease trade tensions between the world’s two largest economies and top oil consumers. Brent crude futures rose 87

Oman Advances Energy Transition Strategy at Major Industry Conference

Muscat: Oman’s energy transformation agenda took center stage as the fourth IEEE PowerTalks 2025 inaugurated today under the theme “Accelerating Oman’s Energy Transition.” The three-day conference, hosted at Oman Convention and Exhibition Centre, brings together international experts and industry leaders to address Oman’s evolving energy landscape. According to Oman News

Tender Results of Government Treasury Bills Worth RO 9.25 Million Issued

Muscat: The total issuance of Government Treasury Bills amounted to RO 9.25 million this week for a maturity period of 91 days. The average accepted price reached RO 99.055 for every RO 100, and the minimum accepted price arrived at RO 99.050 per RO 100. The average discount rate and

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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…