Thursday, November 5, 2026

December 1, 2025

Oil Jumps Over 1.5% as OPEC+ Holds Output

Muscat: Oil prices rose by more than 1.5% in early Asian trading today after the OPEC+ alliance decided to maintain current production levels, shelving a previously planned output increase for the first quarter of next year (2026). Brent crude futures advanced 94 cents, or 1.51%, to $63.32 a barrel, while

Major Industrial Projects Worth Over RO 900 Million Launched

Muscat: A number of industrial cities, free zones, and economic zones are witnessing the launch of six major industrial projects, with total investments reaching RO 906 million. These projects represent a pivotal phase in the government’s efforts aimed at increasing the contribution of the industrial sector to the national economy

Tender Results of Government Treasury Bills Worth RO 47 Million Issued

Muscat: The total issuance of Government Treasury Bills amounted to RO 47 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 99.045 per RO 100. The average discount rate and

HH Sayyid Theyazin Graces Ceremonial Cornerstone Laying for Investment Projects

Muscat: His Highness Sayyid Theyazin bin Haitham Al Said, Minister of Culture, Sports and Youth, today graced the ceremonial cornerstone laying for two landmark urban developments: the “Yamal” and “Jood” projects. These ventures, spearheaded by Talaat Moustafa Group (TMG) with a combined investment of RO 1.7 billion, were inaugurated at

Oman Agrofood 2025 Showcases Advanced Technologies in Agri-food Sectors

Muscat: The seventh edition of the Oman Agrofood exhibition was officially inaugurated in Muscat today under the patronage of Sheikh Al Fadl bin Mohammed Al Harthy, Secretary-General of the Council of Ministers. The premier event is organized by the Ministry of Agriculture, Fisheries and Water Resources. Hosted over three days

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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…