Thursday, November 5, 2026

October 14, 2025

Dollar Steady as US-China Trade Tensions Ease

Washington: The dollar steadied today, as US President Donald Trump softened his tone on tariffs toward China, and hopes grew for a possible meeting with his Chinese counterpart, which gave a boost to expectations of easing tensions between the world’s two largest economies. According to Oman News Agency, the euro

Gold, Silver Prices Hit Record Highs Amid Economic Uncertainty

Muscat: Gold prices surged to a new record high above $4,100 today, driven by growing expectations of US Federal Reserve interest rate cuts and renewed US-China trade tensions that spurred safe-haven demand. Silver also rallied to an all-time high. According to Oman News Agency, spot gold rose 0.4% to $4,124.79

MSX Gains 47 Points

Muscat: Muscat Stock Exchange (MSX) registered significant gains in today’s trading session, with the benchmark MSX 30 Index closing at 5240.08 points, advancing 47.4 points or 0.91 percent from the previous close of 5192.64 points. According to Oman News Agency, trading activity showed remarkable momentum, with total turnover reaching RO

Tax Suspension Introduced to Boost Maritime Competitiveness

Muscat: Tax Authority has introduced a significant five-year suspension of withholding tax on service contracts for vessels registered under the Omani flag, marking a strategic initiative to strengthen the nation’s maritime sector. The measure, effective from 1 September 2025, through 31 August 2030, represents a targeted approach to enhancing Oman’s

Arab Statistical Committee Convenes High-Level Meeting in Muscat

Muscat: The 43rd session of the Arab Permanent Technical Committee for Statistics commenced in Muscat today, gathering senior officials from Arab statistical organizations and representatives of international statistical bodies. The high-level meeting focused on advancing regional statistical cooperation and addressing contemporary challenges in data management. According to Oman News Agency,

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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…